Two competing structural pressures are reshaping the financial arithmetic of Sri Lanka’s inbound tourism, with the latest data from the Sri Lanka Tourism Development Authority showing that neither trend has resolved in the island’s favour.

Sri Lanka’s efforts to rebuild its foreign exchange reserves are coming under renewed pressure as a surge in fuel and vehicle imports drives the external account back into deficit, potentially complicating the

Lion Brewery (Ceylon) PLC’s newly disclosed move to begin brewing beer in Vietnam raises a question the company itself has not addressed directly: whether the shift is, at least in part, a hedge against Sri Lanka’s own alcohol tax burden.

Sri Lanka’s construction sector is emerging as one of the clearest beneficiaries of the country’s economic recovery, with rising bank lending, stronger foreign investment and growing demand for building materials signalling a broader revival in i

Sri Lanka yesterday gained its first structured Tawarruq-based personal finance solution, plugging a long-standing gap in the country’s Islamic finance sector and opening a new source of Shariah-compliant funding for individuals and micro-enterpris

Sri Lanka has moved past its 2022 economic crisis, but its recovery remains “far from over,” the World Bank’s Country Manager for Sri Lanka and the Maldives said, warning that the country must now convert stability into competitiveness and jobs

Sri Lanka’s tourism authorities have reassured that the country remains on track to achieve its target of 2.5 million tourist arrivals for the year, aiming for an ambitious revenue goal of between US $ 3.5 billion and US $ 4 billion.

The Asian Development Bank (ADB) has lowered Sri Lanka’s economic growth forecast for 2027 and sharply raised its inflation projections, warning that prolonged disruptions to global energy markets are

Sri Lanka’s engagement with artificial intelligence (AI) presents a complex picture, marked by lower-tier positions in several global readiness indices but highlighted by a highly technical and learning-oriented user base.

Sri Lanka’s proposed framework to tax digital services could inadvertently raise compliance costs for multinational companies and make the country a more complex market to serve unless authorities provide greater clarity on the new rules, tax exper

Sri Lanka’s macroeconomic adjustment path remains heavily burdened by an unchanged debt stock and widening trade deficits, while the flexible exchange rate policies continue to trigger massive balance sheet shocks across the state enterprises, acco

A sharp 15.2 percent year-on-year drop in condominium property sales volumes stole the spotlight in the first quarter of 2026, even as prices for new units continued their aggressive upward march.

China Harbour Engineering Company’s Port City Colombo confirmed a US $ 300 million foreign direct investment (FDI) commitment in January 2026, according to a Global Finance Magazine analysis, as Sri Lanka works to convert the Chinese-financed speci

Sri Lanka’s life insurance industry is bracing for a fundamental shift in how its performance is measured and reported, as the country prepares to adopt IFRS 17, the new global accounting standard for insurance

Sri Lanka’s inflation is set to climb further through the rest of 2026 but the Central Bank is expected to hold the interest rates steady for the remainder of the year, according to a research note by Bloomberg Economics.

Sri Lanka’s economic recovery has remained resilient despite the fallout from the Middle East conflict, with strong revenue collection and growth helping cushion the impact of external shocks, although significant reform challenges remain, the Inte

Nearly three months after National Development Bank (NDB) disclosed what became one of the largest fraud cases to hit a listed Sri Lankan bank, a forensic review has identified the suspicious transaction amount to be higher than what was initially di

The Colombo Stock Exchange (CSE) will begin restricting transactions on dormant securities accounts from next week, under a new investor protection framework, aimed at reducing fraud risks and strengthening oversight of long-inactive holdings.

The Ceylon Chamber of Commerce (CCC) yesterday said it is working with a three-year strategy to accelerate investment, boost exports and strengthen support for small businesses, as the private sector seeks to play a larger role in sustaining the coun

Exports recorded the strongest monthly growth so far this year in May, with total exports, including merchandise and services, expanding 18.34 percent from a year earlier to US$ 1.57 billion

Listed companies reported a third consecutive quarter of declining earnings in the three months ended March, as losses in the food, beverage and tobacco sector dragged down overall profitability despite signs of strengthening activity across large pa

The World Bank Group has unveiled a comprehensive economic roadmap for Sri Lanka, committing billions in funding and capital mobilisation over the coming years, to tackle a looming youth employment crisis and pivot the island nation from stabilisatio

The Port of Colombo recorded significant growth in container transhipment volumes in April 2026, building upon its record-breaking performance in the previous year.

Sri Lanka’s benchmark stock market gauge is set for a quarterly shake-up next week, with the Colombo Stock Exchange (CSE) rebalancing the All Share Price Index (ASPI) to reflect the changes in public shareholdings across the listed companies.

The centuries-old standard that defines premium Ceylon Tea is at risk of becoming “a fiction” as climate extremes disrupt growing conditions across Sri Lanka’s tea lands, Dilmah Tea Chairman and Chief

The Sri Lanka Association of Inbound Tour Operators (SLAITO) is urging the government to offer incentives for direct European charters to attract high-yielding affluent travellers and defend the core tourism revenue.

Sri Lanka yesterday unveiled an ambitious five-year export roadmap targeting annual export earnings of US$36 billion by 2030, as the government seeks to deepen the country’s post-crisis recovery by diversifying exports, expanding market access and

The economy expanded by 5.1 percent in the first quarter of 2026 (1Q26), extending its recovery streak, as a surge in construction activity, rising imports of production-related goods and stronger performance across financial and technology services

The Sri Lanka Tourism Promotion Bureau is gearing up to launch a comprehensive global promotion campaign starting from the end of July.

The knowledge-driven information and communication technology (ICT) and business process management (BPM) sector has decisively accelerated its lead over the traditional tea exports during the first four months of 2026, cementing a structural transfo