Uncertainty over the stalled sale of Hotel Developers (Lanka) Ltd is starting to ripple through the company’s operations, as delays in finalising its ownership structure cloud strategic decision-making.

Sri Lanka could expand its exports by as much as 50 percent by deepening the trade ties with India, the Asian Development Bank (ADB) said, while it went on to warn that the island nation’s continued reliance on the Western markets is leaving it exp

Sri Lanka’s rice industry is charting a path to recovery. For the upcoming 2026/2027 marketing year (October–September), milled rice production is forecast to reach 3.45 million metric tons, representing a solid rebound from the revised estimate

The consumer inflation measured by the Colombo Consumer Price Index (CCPI) jumped in April as the higher fuel prices caused by the war in Iran fed quickly through the rest of the economy sending the prices

The government is on the verge of lifting the existing ban on oil palm cultivation, pending the final Cabinet approval, setting the stage for a major agricultural revival.

The ongoing Middle East crisis should serve as a critical wakeup call for Sri Lanka to implement long-overdue fundamental structural economic reforms, according to Regional Centre for Strategic Studies Executive Director Ravinatha Aryasinha.

​Sri Lanka’s tourism sector recorded a historic 2.3 million international arrivals in 2025 but the industry analysts are urging a pivot in how success is measured within the island’s economic framework.

​Sri Lanka’s local automotive market recorded a substantial influx of vehicle imports in March, with total motor vehicle registrations expanding by 15.6 percent month-on-month to reach 59,734 units, according to the latest registration data compi

​The Credit Information Bureau of Sri Lanka (CRIB) is steering towards a major transformation in its data ecosystem, finalising plans to integrate telecommunications data by the end of this year, followed by utility payments next year.

Sri Lanka’s export sector showed a tentative recovery in March, however beneath the monthly rebound, a sharper year-on-year decline indicates a growing external pressure as global trade conditions

Fresh evidence has emerged detailing the deep-rooted financial mismanagement and systemic governance failures at SriLankan Airlines.

Sri Lanka’s economic recovery is entering a more fragile phase, with the Central Bank warning that rising geopolitical tensions in the Middle East are beginning to test the resilience built through recent stabilisation efforts, even as domestic con

Sri Lanka’s post-crisis rebound is set to lose momentum in 2026, with the growth moderating as the higher energy costs, structural bottlenecks and external risks begin to weigh on the economy, the World Bank said. The World Bank’s outlook also ec

Sri Lanka’s foreign exchange earnings from tourism suffered a severe blow in March 2026, plummeting 37 percent year-on-year to US$ 223.7 million.

Sri Lanka’s recovery outlook has come under sharper scrutiny, with the Asian Development Bank (ADB) quantifying the economic fallout from the Middle East conflict, affirming the risks flagged by the International Monetary Fund (IMF) earlier this we

Sri Lanka’s economic recovery is facing renewed uncertainty as rising global tensions, particularly the ongoing conflict in the Middle East, threaten to disrupt growth momentum just as the country advances

The Central Bank of Sri Lanka has introduced a comprehensive set of new regulations governing how the licensed commercial and specialised banks manage the outsourcing of their business operations.

Sri Lanka’s tourism sector successfully crossed the three-quarter million milestone during the first week of April, with cumulative arrivals for the year reaching 767,434 by 5 April.

A control failure that began beneath the surface has now forced National Development Bank PLC (NDB) to confront a multi-billion-rupee fraud, testing both its governance framework and the broader confidence in the banking system.

Sri Lanka’s tourism sector suffered a sharp reversal of fortunes in March, with international arrivals plunging 19.7 percent year-on-year to 183,979 as the escalating conflict in the Middle East severely disrupted global aviation networks.

The World Bank Group and the Government of Sri Lanka launched a new five-year Country Partnership Framework (CPF) to support Sri Lanka’s continued recovery, help achieve its 7 percent medium-term

Sri Lanka’s external account remained in surplus for a fourth straight month in February.

Sri Lanka’s apparel sector is entering a critical stress phase, where weakening global demand is no longer the sole concern but a trigger exposing deeper structural pressures within the industry.

The government is set to issue a Request for Proposals (RFP) for the establishment of artificial intelligence (AI) data centres shortly, transitioning from a highly successful Request for Information (RFI) phase.

Sri Lanka’s tourism sector has crossed the 150,000 mark for March, but the industry is grappling with a sudden contraction that threatens the newly revised monthly target of 200,000 arrivals.

The Court of Appeal has set aside a 2018 order issued by the Right to Information Commission against the Monetary Board of the Central Bank of Sri Lanka, ruling that the commission had exceeded its statutory powers under the Right to Information (RTI

Sri Lanka’s export sector maintained a measured recovery in February 2026, with total earnings rising 4.22 percent year-on-year (YoY) to US$ 1.40 billion, as strong services momentum offset weaker performances in key merchandise categories.

The Central Bank left its key policy rate, the Overnight Policy Rate, unchanged at 7.75 percent yesterday, at its second policy meeting for the year.

Visiting ADB President Kanda commends govt.’s handling of economic stability amid domestic recovery challenges and broader external uncertainty, including geopolitical tensions in the Middle East

​The Port of Colombo recorded a 4.8 percent year-on-year (YoY) growth in total container throughput in February, handling 636,084 twenty-foot equivalent units (TEUs), compared to 606,784 TEUs in the same period last year. Reflecting this heightene