3 min read
An import ban in cash-strapped Sri Lanka is leaving a bad taste in the mouths of its curry lovers, depriving...
Macroeconomy
3 min read
1 min read
The government is confident of achieving the 5.5 percent GDP growth set for 2021 after GDP growth fell to an...
2 min read
Sri Lanka’s economy recorded its worst contraction in the second quarter before returning to the positive growth path in the...
2 min read
In joining rating actions followed by Fitch Ratings and Moody's, S&P Global Ratings today downgraded Sri Lanka's long-term foreign and...
1 min read
Sri Lanka's banking sector is expected to face a higher number of Non-Performing Loans (NPLs) in the fourth quarter compared...
1 min read
The Central Bank (CB) remains uncertain on the impact of the second wave of COVID19 that has hampered the revival...
1 min read
The government plans to borrow $1.4 billion from the Japan International Cooperation Agency (JICA), World Bank (WB)and Asian Development Bank...
1 min read
Sri Lanka targets 6 percent economic growth while containing budget deficit at 4 percent by 2025, the Prime Minister and...
2 min read
The Cabinet of Ministers recently approved the proposal to re-establish the Spices and Allied Products Marketing Board which had been...
1 min read
The USD denominated Sri Lanka Development Bonds (SLDB) went undersubscribed at an auction closed today with only $24.82 million worth...
