Sri Lanka’s Inflation Inches Up to -0.6% in June
Food Prices Cool as Non-Food Deflation Eases in Colombo Consumer Index Sri Lanka’s overall inflation, as measured by the Colombo Consumer Price Index.
Business
Agriculture
Poultry Firm Powers Through: Sri Lanka’s Three Acre Farms Boosts Efficiency Amid Economic Challenges
As inflation targets slip and deflationary policy takes hold, one of Sri Lanka’s top poultry producers turns to innovation and cost-cutting to stay.
- June 20, 2025
Business
Sri Lanka’s Electricity Prices Still 96% Higher Than 2022 Despite Tariff Cuts
Consumers See Minimal Relief, While CEB Faces Mounting Financial Losses Electricity Prices Surge Despite Revisions Sri Lanka’s electricity tariffs remain approximately 96% higher.
- June 16, 2025
Stock Market
Sri Lanka Stockholders US$6.3bn and Rs1.4 Trillion Richer by End of 2024
Sri Lanka stockholders were 1.4 trillion rupees wealthier by the end of 2024, with the dollar value of listed stocks increasing by 6.3.
- January 2, 2025
Economics
Fitch Upgrades Sri Lanka to ‘CCC+’, Reflecting Debt Restructuring Progress and Economic Recovery
Fitch Ratings has upgraded Sri Lanka’s long-term foreign-currency issuer default rating (IDR) to ‘CCC+’, from ‘RD’ (Restricted Default), marking a significant milestone in.
- December 23, 2024
Forex Market
Sri Lanka Rupee Depreciates to 292.70/293.00 Against US Dollar, Bonds Rise
Sri Lanka’s rupee depreciated sharply to 292.70/293.00 to the US dollar in the spot market, down from 291.25/50 to the US dollar the.
- December 19, 2024
Economics
Sri Lanka’s Rupee to Remain Resilient, SLBA Chief Says
Sri Lanka’s rupee is expected to remain stable on a ‘very comfortable terrain’ in the coming years, with gross foreign exchange reserves forecast.
- November 14, 2024
Economics
IMF Warns of Global Economic Risks from Elections and Policy Shifts
The International Monetary Fund (IMF) has raised concerns about the elevated uncertainty surrounding the global economic outlook, citing the potential impact of elections.
- October 23, 2024
Finance
Fitch: Economic Recovery to Boost Growth in Sri Lanka’s Finance and Leasing Companies
Fitch Ratings announced that Sri Lanka’s ongoing economic recovery, combined with moderating inflation and lower interest rates, is set to drive the growth.
- October 22, 2024
Finance
Sri Lanka Banking System Repays Debt and Builds FX Reserves of US$7.4 Billion Since Default
Since Sri Lanka’s selective default in April 2022, the country’s banking system, including the central bank and commercial banks, has repaid or built.
- October 15, 2024