The local construction sector is poised to play a pivotal role in the country’s post-disaster economic recovery, with a renewed focus on reconstruction and climate-resilient infrastructure following the devastation caused by Cyclone Ditwah.

Cyclone Ditwah, which struck Sri Lanka in late November, causing widespread flooding and landslides, is projected to shave off approximately 0.5 percent to 0.7 percent from the country’s real GDP growth, according to a flash note released by First

The Central Bank of Sri Lanka (CBSL) is ready to deploy its full suite of macroeconomic shields, fiscal, monetary and external, to cushion the economy against sudden shocks, Governor Dr. Nandalal Weerasinghe said.

Sri Lanka’s tourism industry has once again demonstrated its characteristic resilience in the immediate aftermath of Cyclone Ditwah, recording fewer than expected cancellations while the key stakeholders urgently petition the government to deploy e

Sri Lanka’s private sector was called to the frontlines of the national recovery effort, with President Anura Kumara Dissanayake urging the country’s top business leaders to step in as the island reels from cascading disasters triggered by Cyclon

While Sri Lanka maintains the cleanest economic footprint in South Asia in terms of carbon intensity, its greenhouse gas (GHG) emissions grew at a faster rate than its major regional peers in 2024, according to

As widely expected, the Central Bank yesterday decided to keep the policy rate, the Overnight Policy Rate, unchanged at 7.75 percent at its sixth policy meeting and the final one for the year.

The local export sector extended its recovery streak into October, pushing cumulative earnings for the first ten months of 2025 to US$14.43 billion, up 6 percent from a year earlier, data released by the Export Development Board (EDB) showed.

The Central Bank is expected to maintain its key policy rates at today’s final monetary policy review of 2025, as a strong private credit growth and a fragile external position outweigh the arguments for further easing.

The unit trust industry in Sri Lanka has recorded a robust performance, with assets under management (AUM) expanding by 16.0 percent year-on-year to reach Rs.603 billion by the end of October 2025.

A crushing cost of living is expected to stifle consumer demand in 2026, keeping inflation well below the Central Bank’s target range and creating a complex environment for interest rates, according to a new analysis by First Capital Research (FCR)

Sri Lanka’s dramatic decline in interest rates has triggered a massive migration of capital from safe bank deposits to the stock market, prompting regulators and analysts to advise caution as new entrants navigate

The capital market regulator, the Securities and Exchange Commission (SEC), yesterday sounded its sternest warning yet, as a new breed of self-styled “market gurus” tighten their grip on social media.

The Auditor General has issued a stinging critique of the Department of Animal Production and Health (DAPH), flagging over Rs. 200 million in public funds tied up in failed breeding projects and questionable equipment procurement, in a detailed repor

The government’s latest decision to raise the plantation workers’ wages has been made without any consultations with the industry personnel, a senior representative of the plantation sector said while asserting the move could impact the output.

Despite State-Owned Enterprises (SOEs) reporting a combined profit on paper, the actual cash return to the government coffers has nearly halved in 2025, signalling a tightening fiscal squeeze driven by the collapse of profitability in the energy and

Sri Lanka is at an advantageous position to bring in value-addition stages for its exports but to do so, significant focus needs to be given to bring in the necessary policies, infrastructure and administrative measures, said Deloitte India Executive

In a call that blended environmental urgency with economic opportunity, Global Ecolabelling Network (GEN) Chair K.S. Venkatagiri urged Sri Lanka’s industries to fast-track the adoption of Type I ecolabels.

Sri Lanka’s banking sector yesterday saw a major announcement with DFCC Bank PLC unveiling plans to acquire the wealth and retail banking business of Standard Chartered Bank (SCB) Sri Lanka.

As chatter grows over Sri Lanka’s ability to stay on course with its external debt repayments, the Treasury struck a note of confidence.

Sri Lanka’s tourism industry has recorded a solid start to the winter season, welcoming 61,890 visitors during the first nine days of November 2025.

The Ceylon Chamber of Commerce (CCC), Sri Lanka’s largest private sector representative, welcomed National Budget 2026, describing it as a blueprint of policy stability, fiscal consolidation and disciplined debt management that continues the trajec

In a signal to the investors weary of Sri Lanka’s uneven playing field, President Anura Kumara Dissanayake yesterday used Budget 2026 to draw a line under what he called an era of “cronyism, racketeering and nepotism”.

In a striking rebuke to its critics, top blue chip John Keells Holdings PLC (JKH) reported a breakout performance for the three months ended September 2025, posting an 88 percent growth in revenue, a 127 percent surge in operating results and a 21 pe

Sri Lanka’s fast-expanding e-commerce sector is currently operating in a policy vacuum as critical regulatory gaps undermine consumer protection, transparency, and trust in the digital marketplace.

The Colombo Stock Exchange (CSE) continued its bullish momentum as the All Share Price Index (ASPI) surpassed the 23,000 mark, reflecting growing investor confidence and sustained market optimism.

Sri Lanka’s tourism industry posted a record-breaking performance in October 2025, welcoming 165,193 visitors.

The government’s fiscal position strengthened significantly in the first half of 2025, with total revenue excluding grants climbing by 24.8 percent to Rs. 2,321.7 billion from Rs. 1,860.6 billion in the same period last year.

Sri Lanka is stepping up efforts to align its packaging industry with the global sustainability standards, targeting a 20 percent reduction in total waste by 2035 and meeting the European Union (EU) packaging benchmarks by 2040, a senior expert said.

The demutualisation of the Colombo Stock Exchange (CSE) is awaiting a final policy decision from the new government regarding its share allocation, according to Securities and Exchange Commission (SEC)