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.

The government called on the industrialists to embrace digital supply networks under a unified industrial strategy or risk being left behind in an increasingly interconnected global economy.

Sri Lanka’s confectionery industry is experiencing some sweet growth as it on an upward trajectory this year, supported by improving economic sentiment, consecutive festive seasons, and a forecasted increase in consumer spending following the salar

Japan yesterday became the first bilateral creditor among the Official Creditor Committee (OCC) to restructure Sri Lanka’s bilateral external debt worth US $ 2.5 billion and unlocking doors to new projects.

With Sri Lanka experiencing a rise in tourist arrivals compared to last year, industry leaders are calling for the urgent rollout of global promotional campaigns to sustain the momentum in order to achieve the government’s sector targets for the ye

The fear of taxation may be contributing to the recent increase in cash circulation, highlighting Sri Lanka’s long journey towards a less cash-dependent society.

The International Monetary Fund (IMF) will closely monitor Sri Lanka’s fiscal and structural reforms ahead of the fourth review, following the successful completion of the third review under the Extended Fund Facility (EFF) programme.

Sri Lanka’s tourism sector maintained its strong momentum in February, recording 240,217 international arrivals, the second-highest figure for the month since 2019, according to the data from the Sri Lanka Tourism Development Authority.

On late Friday evening, Sri Lanka celebrated another positive development as the International Monetary Fund (IMF) approved the third review under the Extended Fund Facility (EFF) arrangement, allowing authorities to access US$ 334 million.

With the significant rise in online financial crimes, the Central Bank of Sri Lanka (CBSL) this week called on the financial institutions to explore the possibility of using artificial intelligence (AI)-driven technology to help tackle frauds and sca

Sri Lanka must wait for a sovereign credit upgrade to B-minus level to access global financial markets, where the country could also start to experience significant foreign investment flows, a senior global banker said.

The Budget 2025 is a critical milestone in Sri Lanka’s economic recovery journey, as it has managed to strike a careful balance between maintaining fiscal discipline and addressing the immediate needs of the public, according to Secretary to the Tr

Sri Lanka’s export sector kicked off 2025 on a positive note, with total exports crossing US$ 1.3 billion in January, marking a 7.5 percent year-on-year (YoY) increase, data from the Export Development Board (EDB) showed.

Sri Lanka’s top tech industry veterans asserted the critical need for the start-ups to lead with artificial intelligence (AI) in their messaging, regardless of their business model, to stay competitive and align with the global and regional leaders

Sri Lanka’s national monthly consumer prices slowed to 0.9 percent in January 2025 from the 1.1 percent increase in December 2024 on the back of increases in both food and non-food prices during January 2025.

President Anura Kumara Dissanayake yesterday reaffirmed the government’s commitment to positioning Sri Lanka as a globally competitive nation through advancements in digitalisation and innovation.

The Port of Colombo began 2025 on a shaky start as transshipment container volumes declined amidst persistent congestion, marking a contrast to the robust growth experienced in the first and latter parts of 2024.

Sri Lanka’s Budget 2025 signals a strong push to boost fiscal revenues but risks to the country’s financial stability remain significant, Fitch Ratings warned.

Sri Lanka’s 2025 budget doesn’t introduce major tax changes but includes a few welcome adjustments. However, a tax expert points out that the budget still lacks a scientific approach, highlighting the need for a dedicated tax unit to advise the F

Sri Lanka yesterday introduced a national budget aimed at balancing fiscal discipline with economic revival, while addressing the gap between the struggling households and long-term growth ambitions.

The Sri Lanka Pharmaceutical Manufacturers Association (SLPMA) urged the government to create a level playing field for domestic pharmaceutical manufacturers to compete with imported pharmaceutical products.

Sri Lanka’s inflation is expected to increase “sizeably” in the third quarter this year (3Q25), with the possibility of it hovering around 2 percentage points above the inflation target in mid-2026, the Central Bank of Sri Lanka (CBSL) said in

Manila-based lender, the Asian Development Bank (ADB), has earmarked an indicative envelope of US$900 million for Sri Lanka’s development in 2025.