Economy

1 min read

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Sri Lanka’s Key Legislative Committee summons CBSL Governor, Treasury Secretary, and other officials

3 years ago Author

The Committee on Public Finance (COPF), chaired by Anura Priyadarshana Yapa, Member of Parliament, yesterday (19) decided to summon the...

3 min read

• Economy
• Finance
• Macroeconomy
• News
• Trade

Sri Lanka defaults on debt for first time in its history

3 years ago Author

(BBC) : Sri Lanka has defaulted on its debt for the first time in its history as the country struggles...

2 min read

• Economy
• Finance
• Macroeconomy
• Markets
• News

CBSL Holds key Policy Rates

3 years ago Author

The Monetary Board of the Central Bank of Sri Lanka (CBSL), at its meeting held on 18 May 2022, decidedto...

3 min read

• Economy
• Finance
• Toursim
• Trade

Sri Lanka proposes privatizing national airline amid crisis

3 years ago Author

(AP) - Sri Lanka's new prime minister on Monday proposed privatizing the country's loss-making national airline as part of reforms...

3 min read

• Economy
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• News

Sri Lanka reappoints Wickremesinghe as PM for sixth time in attempt to quell public uprising

3 years ago Author

The five-time former Sri Lankan Prime Minister Ranil Wickremesinghe took his oath before President Gotabaya Rajapaksa in a ceremony at...

3 min read

• Economy
• Finance
• Toursim

UK Operator drops Colombo from Sri Lanka programme 

3 years ago Author

United Kingdom (UK)-based award-winning specialists in boutique holidays , Asia specialist Experience Travel Group has amended its Sri Lanka program to avoid...

7 min read

• Economy
• Finance
• Opinion

The Sri Lankan crisis: Domestic and regional implications

3 years ago Author

By Roshini Kapur Sri Lanka is once again at the forefront of breaking news. The country is experiencing its worst economic crisis...

2 min read

• Banking
• Economy
• Finance
• Macroeconomy
• Markets

Sri Lanka’s Banking sector asset quality to come under pressure in 2Q and 3Q

3 years ago Author

ICRA Lanka expects the current challenging operating environment to exert pressure on the asset quality levels of Sri Lanka's banking...

5 min read

• Economy
• Finance
• International
• Macroeconomy
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Rising interest rates in US will hinder foreign economies

3 years ago Author

 (AP) — When the Federal Reserve raises interest rates — as it did Wednesday — the impact doesn’t stop with U.S. homebuyers paying...

2 min read

• Economy
• Energy
• Finance
• Macroeconomy
• News

Crisis-hit Sri Lanka re-introduces fuel rationing

3 years ago Author

Sri Lanka's state-owned petroleum corporation on Thursday re-introduced fuel rationing for vehicles, as the worst economic crisis in decades roils...