Economics

Sri Lanka’s Rupee to Remain Resilient, SLBA Chief Says

  • November 14, 2024

Sri Lanka’s rupee is expected to remain stable on a ‘very comfortable terrain’ in the coming years, with gross foreign exchange reserves forecast to exceed US $12 billion before capital repayments to creditors begin in 2029, according to the Sri Lanka Banks’ Association (SLBA) Chief and Standard Chartered Sri Lanka CEO Bingumal Thewarathanthri. Despite potential

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Economics

Exporters Call on New President to Foster Business-Friendly Environment in Sri Lanka

  • September 24, 2024

Sri Lanka’s export community has urged President Anura Kumara Dissanayake to streamline administrative processes and cultivate a more business-friendly environment that empowers entrepreneurs and exporters to drive the nation’s economic growth. The National Chamber of Exporters (NCE) expressed its support for President Dissanayake’s commitment to transparency and accountability, emphasizing their importance in restoring public trust

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