Sri Lanka’s industrial production surges 2.4% YoY in Q3
Sri Lanka's industrial production witnessed a 2.4 per cent year-on-year growth in the third quarter of 2024.
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Sri Lanka
Sri Lanka awaits IMF approval for crucial bailout fund
Sri Lanka's President is optimistic about an IMF agreement on the country's bailout programme.
ADB approves $200m loan to boost Sri Lanka’s financial sector
The Asian Development Bank (ADB) approved a $200 million policy-based loan to further support Sri Lanka's efforts…
Sri Lanka’s tourism revenues soar 59% in 10m
Sri Lanka's tourism industry saw a 59 per cent revenue increase to over $2.5 billion in the first 10 months of 2024…
Sri Lanka’s inflation continues to ease in Oct.
Sri Lanka's overall inflation rate, as measured by the Colombo Consumer Price Index (CCPI), declined to -0.8 per…
Sri Lanka to boost service sector revenue by ’30
The Sri Lanka Export Development Board (EDB) has set an ambitious target of increasing service sector revenue to $5…
World Bank raises growth outlook for S. Asia to 6.4%
The World Bank (WB) revised on Thursday its growth forecast for South Asia upward to 6.4 per cent from earlier…
WB signs $200m loan to support Sri Lanka’s economy
World Bank and Sri Lanka signed a $200 million deal for the Second Resilience, Stability, and Economic Turnaround…
Sri Lanka’s exports rise 4.67% YoY in August 2024
Sri Lanka's total exports for August 2024 reached $1.4 billion, representing a 4.67 per cent increase compared to…
Fitch maintains Sri Lanka’s rating at ‘RD’
Fitch Ratings reaffirmed Sri Lanka's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'RD' (Restricted…
