The national consumer prices continued to fall, albeit at a lesser pace in March, on the back of the decline in food prices as well as the slippage in non-food prices, ahead of the traditional new year.

Sri Lanka’s Employees’ Provident Fund (EPF), the nation’s largest retirement fund, reported a record 12.6 percent year-on-year surge in net worth to Rs. 4.37 trillion by the end of 2024, up from Rs. 3.89 trillion in 2023.

The Board of Investment (BOI) invited all top 50 exporters in key industries to open dialogue to seek alternative strategies to mitigate the consequences due to the new US tariff imposed on Sri Lanka.

Sri Lanka’s recovery is expected to continue at a moderate growth of 3.9 percent in 2025 and 3.4 percent in 2026, following a strong rebound in 2024, the Asian Development Bank (ADB) said in its Asian Development Outlook report released yesterday.

Sri Lanka’s banks and finance companies ended 2024 on a strong note, disbursing a substantial volume of loans to the private sector as declining interest rates and a recovering economy reignited credit demand.

CWIT brings US $ 800mn boost to South Asia’s trade future

India and Sri Lanka have solidified a bilateral debt restructuring agreement, with New Delhi extending reduced interest rates to support the island nation’s economic recovery, Prime Minister Narendra Modi announced during his official visit to Colo

The Colombo Rubber Traders Association (CRTA) joined the bandwagon in expressing deep concern about the recent imposition of a 44 percent blanket tariff by the United States on all imports from Sri Lanka and said it is particularly worried on the “

The United States has imposed a 44 percent reciprocal tariff on Sri Lankan exports, sending policymakers into panic mode as they scramble to assess the impact and seek relief for the trade-

Sri Lanka is positioning itself as a premier global destination for high-profile weddings, as it aims to attract 20-25 luxury weddings annually, with an estimated revenue potential of US $ 6.25 million.

The Federation of Renewable Energy Developers (FRED) Sri Lanka yesterday raised serious concerns about a resurgence of the ‘diesel mafia’, accusing it of systematically moving to cause a natural death to the country’s solar power sector.

The government is prioritising equitisation as a key strategy to enhance the governance of state-owned enterprises (SOEs) and inject liquidity into the capital market, instead of embracing full privatisation, which has garnered negative sentiment amo

The consumer prices as measured by the Colombo Consumer Price Index (CCPI), the mostly watched price gauge for March fell by 2.6 percent from a year ago, slower than the 4.2 percent fall in February.

In a bid to uplift Sri Lanka’s recycling standards, Island Climate Initiative (ICI) officially launched GP (Good Practise) Certified, Sri Lanka’s first certification mechanism for high-quality recycled plastics. Key stakeholders,

Sri Lanka yesterday made a compelling case for investments into its capital markets, urging investors to be part of the island nation’s growth story. Having emerged from crisis, the country is now positioning

Sri Lanka’s capital market took center stage as the ‘Invest Sri Lanka’ Capital Market Investor Forum 2025 kicked off in Colombo on 27 March 2025.

The Central Bank, as widely expected, left the key policy rate unchanged at its second monetary policy review held earlier this week, as it reiterated that the current monetary policy stance is appropriate in achieving its desired inflation target of

Sri Lanka’s apparel exporters are expressing serious concerns that the impending abolition of the Simplified Value Added Tax (SVAT) system could lead to a significant downturn in their export earnings, potentially exceeding US$1 billion.

Sri Lanka’s export sector continued its growth momentum in February 2025, with total exports reaching US $ 1.38 billion, reflecting a 4.62 percent year-on-year (YoY) increase, data from the Export Development Board showed.

The National Consumer Price Index showed that consumer prices, measured nationally, declined by 3.9 percent in February 2025 from a year earlier

The International Monetary Fund (IMF) this week asserted that Sri Lanka’s path to economic recovery is ambitious, yet achievable, emphasising that maintaining the reform momentum would be key to a full recovery.

New study from IPS indicates the absence of preferential tariff scheme could potentially result in a loss of 36.7 percent of exports to the EU

The Colombo Stock Exchange (CSE) is looking to build on its strong performance last year, when it ranked as the world’s second-best performing stock market in dollar terms, despite the signs of early 2025 market consolidation.

In another reaffirmation of the strength of the ongoing economic recovery since the country fell into its economic depths back in 2022, Sri Lankan economy has recorded an estimated 5.4 percent growth in its economy in the fourth quarter of last year

The upcoming festive season gave an additional boost to the already expanding activities across the economy, as both manufacturing and services activities continued to grow through February.

Sri Lanka is regaining its industrial strength, which weakened during and after the economic crisis in 2022, as reflected in the index that tracks industrial activity.

The tourist arrivals to Sri Lanka have surpassed 97,000 within the first 13 days of March, the latest provisional data from the Sri Lanka Tourism Development Authority showed.

Adds cutting exposure to foreign holdings of rupee securities was deliberate to minimise volatility and troubles

The renewed calls from experts, urging the government to ratify and implement the International Labour Organisation’s (ILO) Convention No. 190 (C190) on violence and harassment in the workplace, have gained momentum, following the recent sexual ass

Standard Chartered Bank yesterday expressed optimism about Sri Lanka’s economic outlook, highlighting renewed confidence among portfolio investors.