Author Archive for Economy
Wednesday, July 16th, 2025
මව්බිම සියඹලාණ්ඩුව ප්රාදේශීය සභාව ජයග්රහණය කලේ ජාතික ජන බලවේගයයි .එයිනුත් වැඩිම ඡන්ද ලබාගත්තේ දොඹගහවෙල කොට්ඨාශය නියෝජනය කරන අජිත් පුෂ්පනන්දන මහතායි.(මුළුමනින්ම ගොවි ජනතාව සිටින මොණරාගල දිස්ත්රික්කය මෙවර පාර්ලිමේන්තු මැතිවරණයේ ආසන 6 න් 5ක් ආණ්ඩු පක්ෂයට ලබාදෙන ලදී.).අජිත් මහතාගේ කොට්ඨාශයේ ප්රධාන ආර්ථික භෝග හතරකි .උක්,බඩඉරිගු , මයියොක්කා සහ කොමඩු එයින් ප්රධාන වේ. කොමඩු සහ මයියොක්කා මිල උස […]
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Saturday, July 12th, 2025
UK GOV Sri Lankan garment sector set to benefit following reforms to simplify imports from developing countries like Sri Lanka. On 10 July, the UK government unveiled a package of reforms to simplify imports from developing countries like Sri Lanka. Upgrades to the Developing Countries Trading Scheme (DCTS) make it easier for businesses to trade […]
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Saturday, July 12th, 2025
Source: Xinhua Chinese Foreign Minister Wang Yi, also a member of the Political Bureau of the Communist Party of China Central Committee, meets with Sri Lankan Minister of Foreign Affairs Vijitha Herath in Kuala Lumpur, Malaysia, July 12, 2025. (Xinhua/Cheng Yiheng) KUALA LUMPUR, July 12 (Xinhua) — China is willing to work with Sri Lanka […]
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Saturday, July 12th, 2025
Courtesy The Daily Mirror Sri Lanka’s Extended Fund Facility (EFF) programme with the IMF focuses heavily on external debt restructuring to restore debt sustainability. However, external debt restructuring alone is insufficient because a large portion of debt service obligations arise from currency depreciation of external debt thereby inflating domestic debt, including treasury bills and bonds. […]
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Thursday, July 10th, 2025
By Uditha Jayasinghe Courtesy uk.finance.yahoo.com COLOMBO (Reuters) -Sri Lanka’s garments sector is pinning its hopes on further discussions with the U.S. government after Donald Trump’s administration’s 30% tariff on the nation has placed it at a disadvantage to some of its biggest rivals. The United States has accounted for about 40% of Sri Lanka’s apparel […]
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Thursday, July 10th, 2025
CHATURANGA PRADEEP SAMARAWICKRAMA Courtesy The Daily Mirror Colombo, July 10 (Daily Mirror) – Parliamentarian Dayasiri Jayasekara today accused the government of mishandling tariff negotiations with the United States, claiming Sri Lanka had failed to secure meaningful benefits from the recent tariff reductions announced by U.S. President Donald Trump. Speaking at a media briefing in Colombo, […]
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Wednesday, July 9th, 2025
Courtesy The Daily Mirror U.S. President Donald Trump has added Sri Lanka to his growing list of trade targets, issuing a letter on Wednesday announcing a new 30% tariff on all imported goods from Sri Lanka. The move comes as part of a broader tariff push aimed at multiple countries, with levies set to take […]
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Monday, June 16th, 2025
Courtesy Hiru News Sri Lanka’s economy recorded a positive Gross Domestic Product (GDP) growth rate of 4.8% in the first quarter of 2025. This marks the seventh consecutive quarter of positive growth for the nation, beginning from the third quarter of 2023. The Department of Census and Statistics announced this, noting that the GDP at […]
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Wednesday, June 11th, 2025
Kuwait Times COLOMBO: Cash-strapped Sri Lanka on Wednesday announced a 15 percent increase in the electricity price to shore up revenues for the state-run utility, in line with conditions imposed by an IMF bailout. The Public Utilities Commission said it allowed the Ceylon Electricity Board (CEB) to charge the higher rates from Thursday, six months […]
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Tuesday, June 3rd, 2025
Posted in Economy, JVP promises | No Comments »
Wednesday, May 28th, 2025
Courtesy Hiru News The Central Bank of Sri Lanka estimates that it will take at least another two to three years for the country’s economy to return to the level it was at in 2018. Dr. Chandranath Amarasekara, Assistant Governor of the Central Bank of Sri Lanka, made this statement while participating in a lecture […]
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Thursday, May 22nd, 2025
Courtesy Investing.com Investing.com — The Central Bank of Sri Lanka has announced an unexpected 25 basis point rate cut, capitalizing on the current period of low inflation. The bank appears less convinced about inflation reliably reaching 5% in the second half of 2025. The bank anticipates inflation to turn positive in the third quarter of […]
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Thursday, May 22nd, 2025
Courtesy The Peninsularqatar Photo by (Fazeena Saleem/The Peninsula.)Follow usnewsCopyA+A- AFP Colombo:Sri Lanka’s central bank cut its benchmark interest rate on Thursday, the first reduction in six months, with signs that the crisis-hit nation was emerging from its worst economic downturn. The single policy rate was reduced by 25 basis points to 7.75 percent, the Central […]
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Monday, May 19th, 2025
Conversations with Alanki
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Thursday, May 8th, 2025
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Thursday, May 8th, 2025
Courtesy AdaDerana Sri Lanka’s government has recorded a significant budget deficit of Rs. 498.28 billion in the first quarter of 2025, according to the Financial Performance Statement submitted to the Cabinet of Ministers. The Financial Performance Statement is presented periodically to the Cabinet in line with Section 53 (1) of the Public Finance Management Act, […]
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Wednesday, April 30th, 2025
lanka C news ජාත්යන්තර මූල්ය අරමුදල මෙරටට ලබා දී ඇති අරමුදල් වැඩසටහනේ ප්රගතිය මැන බැලීම සඳහා සිදුකළ සිව්වැනි සමාලෝචනයට විධායක කමිටු අනුමැතිය ලැබී එය සම්පූර්ණවීමට අවම වශයෙන් මාස කීපයක් ගතවනු ඇතැයි එම අරමුදලේ ශ්රී ලංකා දූත මණ්ඩල ප්රධානී එවන් පැපජෝජියෝ මහතා මාධ්ය හමුවකදී ප්රකාශ කළේය. කාර්ය මණ්ඩල එකඟතාවකට එළැඹීම මුල් පියවර පමණක් බවත් ඉන් පසුව […]
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Tuesday, April 29th, 2025
Courtesy Adaderana International Monetary Fund (IMF) Sri Lanka Mission Chief Evan Papageorgiou says Sri Lanka should restore cost-recovery electricity pricing as soon as possible to minimise fiscal risk and is essential to complete the fourth review of the Extended Fund Facility (EFF) program. He stated this in response to a question raised during a virtual […]
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Thursday, April 17th, 2025
By Special Correspondent[i] Visual Aid: Cartoon Created with AI Assistance Introduction Sri Lanka has received substantial support from donor-funded development projects aimed at improving the economy and supporting social growth. However, a closer look reveals that many of these projects do not achieve their intended results. The pressing question is: How can Sri Lanka improve […]
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Thursday, April 17th, 2025
Courtesy Lanka Leader ලෝක ආර්ථික පරිසරයේ අවිනිශ්චිත බව සැලකිල්ලට ගෙන ඊට මුහුණ දීම සඳහා ප්රතිපත්තිමය සූදානම ඉහළ නැංවීම අත්යවශ්ය බව ශ්රී ලංකා මහ බැංකුව පවසයි. විශේෂයෙන් නව නිදහස් වෙළෙඳ ගිවිසුම් සක්රීයව ක්රියාත්මක කිරීම සහ භාණ්ඩ වෙළෙඳාම වෙනස් වීමේ අවස්ථා ශ්රී ලංකාවට වාසිදායක අයුරින් යොදා ගැනීම සඳහා ප්රතිපත්තිමය සූදානම ඉහළ නැංවිය යුතු බවද මහ බැංකුව කියයි. […]
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Thursday, April 3rd, 2025
Courtesy Adaderana The Ceylon Chamber of Commerce (CCC) today expresses deep concern over the imposition of a 44% tariff on Sri Lankan exports to the United States. US President Donald Trump announced sweeping tariffs yesterday on major trade partners, including China and the European Union. With the US accounting for approximately USD 3 billion in […]
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Thursday, April 3rd, 2025
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Thursday, March 27th, 2025
Lanka Property Web Industry experts at the Lanka Property Show 2025 expressed confidence in Sri Lanka’s real estate sector, highlighting its potential for growth despite past economic challenges. While factors such as rising interest rates, currency depreciation, and fluctuating taxes previously impacted the market, experts were optimistic that stabilizing interest rates, exchange rates, and tax […]
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Posted in Business, Economy | No Comments »
Thursday, March 27th, 2025
https://www.fibre2fashion.com/ Insights Sri Lanka’s macroeconomic turnaround is ‘remarkable’ though many households are yet to feel the impact, according to two experts from the International Monetary Fund (IMF). They observed that the economy has rebounded strongly and quickly, growing by 5 per cent in 2024 and in a mere 18 months recovered just under half of […]
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Wednesday, March 26th, 2025
Courtesy Adaderana Sri Lanka’s central bank governor said monetary policy is appropriate” right now, as the South Asian nation’s economy and inflation are moving in line with their goals. The Central Bank of Sri Lanka held the overnight policy rate at 8% for the second straight meeting this year on Wednesday. The move was in […]
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Tuesday, March 18th, 2025
Courtesy Adaderana The Sri Lankan economy recorded a strong turnaround registering overall growth of 5% for 2024 amid renewed macroeconomic stability, says the Central Bank of Sri Lanka (CBSL). Meanwhile, the country’s economy grew 5.4% in the fourth quarter of 2024, the Census and Statistics Department said in a statement. The International Monetary Fund had […]
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Monday, March 17th, 2025
Hiru News 2025 ජනවාරි මාසයේදී පමණක් ශ්රී ලංකා රජය භාණ්ඩාගාර බිල්පත් වැනි දේශීය වෙළඳපොළෙන් රුපියල් බිලියන 700කට වඩා ණයට ගත් බව ආර්ථික විශ්ලේෂක තලාල් රාෆි පවසනවා. රූපවාහිනී සම්මුඛ සාකච්ඡාවක දී අදහස් දක්වමින් ඔහු සඳහන් කර තිබුණේ, අදාළ ණය ප්රමාණය වන රුපියල් බිලියන 700ක මුදල කොළඹ සිට කටුනායක දක්වා අධිවේගී මාර්ග අටක් ඉදි කිරීමට වැය වන […]
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Sunday, March 16th, 2025
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Friday, March 14th, 2025
Courtesy The Island Dr. Nandalal Weerasinghe Governor of the Central Bank Dr. Nandalal Weerasinghe yesterday (14) emphasized the importance of promoting a sustainable and cost-effective construction industry in the country, highlighting key challenges and opportunities in the sector. Speaking at ‘Construction Expo 2025’, Dr. Weerasinghe underscored the need for Sri Lanka to align with global trends in sustainable construction, […]
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Monday, March 10th, 2025
Courtesy Adaderana Former Governor of the Central Bank of Sri Lanka (CBSL), Dr. Indrajith Coomaraswamy, addressed allegations regarding the surge in International Sovereign Bond (ISB) borrowings during his tenure that led to the country’s debt default, clarifying that much of the debt was used for liability management and to avert an earlier default. Speaking at […]
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