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 […]

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 […]

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 […]

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. […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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. […]

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 […]

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, […]

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 […]

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 […]

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 […]

Courtesy Derana

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 […]

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 […]

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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Dasatha News

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, […]

 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 […]

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 […]

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 […]

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. […]

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 […]

Harsha de Silva

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 […]