Author Archive for Economy
Friday, October 24th, 2025
Courtesy The Daily Mirror Sri Lanka’s export engine continued to gather pace this year with steady growth delivered across both goods and services. Provisional data released by the Export Development Board (EDB) showed that total export earnings climbed to US$ 12. 98 billion in the first nine months of 2025, which is a 7 percent […]
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Posted in Economy | Comments Off on Exports cross US$ 12.9bn in nine months
Wednesday, October 15th, 2025
උපුටා ගැන්ම ලංකා සී නිව්ස් ගෝලීය ණය ශ්රේණිගත කිරීමේ ආයතනයක් වන මූඩිස් (Moody’s) මෑතකදී නිකුත් කළ වාර්තාවකින් පෙන්වා දෙන්නේ, ශ්රී ලංකාවේ ආර්ථිකය යථා තත්ත්වයට පත් කිරීමේ ක්රියාවලිය බොහෝ දුරට නිවැරදි මඟක ගමන් කරන නමුත්, ඊට බාධා එල්ල කරන සාධක කිහිපයක් පවතින බවයි. ඔවුන් පෙන්වා දෙන පරිදි, රටේ ඉහළ ණය බර, මූල්ය අවකාශයේ සීමිත බව සහ […]
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Posted in Economy | Comments Off on ණය මත යැපීමෙන් ලංකා ආර්ථිකය අවදානමේ..- මූඩීස්
Sunday, October 12th, 2025
ශ්යාම් නුවන් ගනේවත්ත Divaina පසුගිය කාලයේ මුහුණදුන් දරුණුතම ආර්ථික අර්බුදවලින් මිදී ආර්ථිකය ස්ථාවර වෙමින් පවතින නමුත්, එවන් තත්ත්වයක් නැවත ඇතිවීමේ සැලකිය යුතු අවදානමක් පවතින බව ස්වාධීන අධ්යයන කණ්ඩායමක් විසින් සකසන ලද වාර්තාවක් මගින් අනතුරු අඟවා ඇත. ශ්රී ලංකාව වර්තමානය වන විට තීරණාත්මක සන්ධිස්ථානයක සිටින බව පෙන්වාදෙන එම වාර්තාව මගින්, මෙකී අවදානම හේතුවෙන් දැන් අත්කරගනිමින් පවතින […]
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Posted in Economy | Comments Off on ලංකාව යලි දරුණු ආර්ථික අර්බුදයක අවදානමකට..- නවතම වාර්තාවක් කියයි…
Wednesday, October 8th, 2025
Courtesy fibre2fashion Insights Sri Lanka’s recent economic rebound has been strong but remains incomplete, with growth still below pre-crisis levels and poverty significantly elevated, the World Bank said in its latest Sri Lanka Development Update – Better Spending for All. The report projects the economy to expand by 4.6 per cent in 2025, supported by […]
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Posted in Economy, Politics | Comments Off on Sri Lanka’s growth strong but recovery remains uneven: World Bank
Wednesday, October 1st, 2025
By A. Jathindra, courtesy Eurasia Review Recent reports have sparked serious concerns about Sri Lanka’s economic future. The country continues to struggle to recover from its lowest point, and prospects for economic stability remain uncertain. As the National People’s Power (NPP) government marks its first year in office, both the U.S. State Department and the Asian […]
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Posted in Economy | Comments Off on Driving ETCA Forward: Sri Lanka Needs A Chief Negotiator – OpEd
Tuesday, September 30th, 2025
Courtesy BSS News COLOMBO, Sept 30, 2025 (BSS/AFP) – Sri Lanka’s inflation rose to its highest level in 14 months in September due to higher costs for food, health and education, the country’s statistics office said Tuesday. Year-on-year inflation was 1.5 percent, up from 1.2 percent in August and compared with a deflation of 0.5 percent a year […]
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Posted in Economy | Comments Off on Sri Lanka records highest inflation in 14 months
Sunday, September 28th, 2025
e-Con e-News blog: eesrilanka.wordpress.com ‘Before you study the economics, study the economists!’ e-Con e-News 21-27 September 2025 England’s Hongkong & Shanghai Banking Corporation (HSBC) this week sold certain retail ‘assets’ in Sri Lanka to the Nations Trust Bank (NTB) for Rs18billion – so, the merchant media tells us. HSBC claims this ‘exit from retail is […]
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Posted in Economy, Politics | Comments Off on HSBC Withdraws from Retail Banking in Sri Lanka
Monday, September 22nd, 2025
The Pathfinder Foundation The Pathfinder Foundation held its inaugural policy dialogue with the Chintan Research Foundation (CRF) of India at the Galle Face Hotel in Colombo. The discussion centred on the theme Strengthening Economic and Strategic Partnerships for Shared Growth”. It assembled an impressive gathering of industry experts, scholars, civil society organisation representatives, and key […]
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Posted in Economy, Politics | Comments Off on Pathfinder Foundation Conducts Policy Dialogue with the Chintan Research Foundation, aiming development of the economy
Tuesday, September 9th, 2025
Courtesy Hiru News Remittances from Sri Lankan migrant workers have shown significant growth, reaching $5.11 billion in the first eight months of 2025, a 19.3% increase from the same period in the previous year. This positive trend is expected to continue, with the Sri Lanka Bureau of Foreign Employment (SLBFE) projecting total remittances to reach […]
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Posted in Economy | Comments Off on SRI LANKA RECORDS $5.11 BILLION IN REMITTANCES IN FIRST 8 MONTHS OF 2025
Monday, September 1st, 2025
Courtesy Hiru News The country could become bankrupt again in 2028, just as it did in 2022, if it continues on its current path, warns Opposition Leader Sajith Premadasa. He made the remarks yesterday (31) while addressing the Ampara District Samagi Jana Balawegaya Local Government Councillors’ Forum. Premadasa stated that the country is currently in […]
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Sunday, August 31st, 2025
By Anuka Vimuthi Silva and Amali Wedagedara, Courtesy Al Jazeera From Africa to Asia to Latin America, billions go hungry while creditors profit. Sri Lanka is undergoing one of the most complex economic recoveries in its history. The country’s financial collapse in 2022 was precipitated by a toxic mix of unsustainable borrowing, poor fiscal management, and external shocks. […]
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Thursday, July 31st, 2025
Courtesy Adaderana Discussions held with US authorities aimed at reducing the higher reciprocal tariff rate announced by US President Donald Trump have not been successful thus far, Minister of Industry and Entrepreneurship Development Sunil Handunneththi has acknowledged. Although several discussions were held with US authorities, Sri Lanka has been unsuccessful in striking a deal to […]
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Friday, July 25th, 2025
විමුක්ති එස් රුද්රිගු උපුටාගැණීම ලංකාදීප ලබන වසරේ අයවැය ජාත්යන්තර මූල්ය අරමුදල මෙරටට ලබාදී ඇති අරමුදල් වැඩසටහනේ කැපවීම්වලට අනුකූලව සකස් විය යුතු බවත් ජනපති ට්රම්ප් මෙරට අපනයනයන් සඳහා පනවා ඇති තීරු බද්දෙන් ශ්රී ලංකාවේ ආර්ථික වර්ධනය මන්දගාමී වීමේ අවදානමක් තිබෙන බවත් ජාත්යන්තර මූල්ය අරමුදලේ මෙරට මෙහෙයුම් ප්රධානී එවන් පැපජෝජියෝ මහතා (25) ප්රකාශ කළේය. 2026 වසරේ අයවැය […]
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Friday, July 18th, 2025
Courtesy Adaderana In a decisive move to strengthen macroprudential policy and mitigate systemic financial risks, the Central Bank of Sri Lanka (CBSL), acting as the Macroprudential Authority, has issued new Directions to licensed financial institutions to impose maximum caps on loan-to-value (LTV) ratios for vehicle-related credit facilities. The directive, which takes effect from 18 July […]
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Posted in Business, Economy, Politics | No Comments »
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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Posted in Economy, Politics | No Comments »
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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Posted in Economy, IMF bailout package | No Comments »
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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