Sri Lanka

Egypt’s General Authority for Investment and Free Zones (GAFI) Chairman Hossam Heiba met Sri Lanka’s ambassador to…

Sri Lanka’s customs department collected more than 1.2 trillion rupees (around $4 billion) in revenue in the first…

Sri Lankan workers remitted $635.7 million in June 2025, marking a more than 22 percent increase from June 2024.

Sri Lanka has launched an ambitious nationwide initiative to upgrade 100 railway stations under the newly unveiled…

Sri Lanka’s economy expanded by 4.8 per cent year-on-year in the first quarter of 2025.

Sri Lanka signed an agreement with China to expedite the approval process for Sinopec's planned $3.7 billion…

The Sri Lankan government has agreed to lower electricity tariffs by an average of 20 per cent.

China will maintain a positive role in the International Monetary Fund (IMF) and work with other creditors to help…

Sri Lanka's consumer price index (CPI) fell by 1.7 per cent year-on-year in December, following a 2.1 per cent drop…

The Sri Lankan economy expanded by 5.5 per cent in the third quarter of 2024, as per the most recent data released…

Sri Lanka’s Industrial Development Board (IDB) will focus on the electrical, electronic, and mechanical sectors…

Sri Lanka's cabinet has temporarily waived the licensing requirement for rice imports until December 20.

Sri Lanka's total exports surged 18.57 per cent year-on-year in October 2024, according to the Export Development…

The Sri Lankan cabinet has approved a supplementary budget of 219.4 billion rupees ($750 million) to cover…

The International Monetary Fund (IMF) and Sri Lankan authorities have reached a staff-level agreement on the third…

Sri Lanka's industrial production witnessed a 2.4 per cent year-on-year growth in the third quarter of 2024.

Sri Lanka's President is optimistic about an IMF agreement on the country's bailout programme.

The Asian Development Bank (ADB) approved a $200 million policy-based loan to further support Sri Lanka's efforts…

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 overall inflation rate, as measured by the Colombo Consumer Price Index (CCPI), declined to -0.8 per…

The Sri Lanka Export Development Board (EDB) has set an ambitious target of increasing service sector revenue to $5…

The World Bank (WB) revised on Thursday its growth forecast for South Asia upward to 6.4 per cent from earlier…

World Bank and Sri Lanka signed a $200 million deal for the Second Resilience, Stability, and Economic Turnaround…

Sri Lanka's total exports for August 2024 reached $1.4 billion, representing a 4.67 per cent increase compared to…

Fitch Ratings reaffirmed Sri Lanka's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'RD' (Restricted…

The International Monetary Fund (IMF) reiterated its support for Sri Lanka's economic development and reform…

Sri Lanka will begin issuing new e-passports to its citizens in October, according to Minister of Public Security…

The Asian Development Bank (ADB) has approved a $100 million loan to support Sri Lanka’s water supply and…

Sri Lanka's telecommunications regulator has granted a license to Elon Musk's Starlink, the satellite internet…

Fitch Ratings has raised the National Long-Term Rating of Habib Bank Limited - Sri Lanka Branch (HBLSL) to AA-(lka)…

Sri Lanka has reached an agreement to restructure $12.6 billion in bonds, moving closer to finalising its debt…

Sri Lanka is taking a significant step towards economic recovery with a debt restructuring deal that will save the…

Sri Lanka successfully reached a debt restructuring agreement with creditors in Paris on Wednesday to restructure…

Sri Lanka is close to sign debt restructuring agreements with Japan and India on Wednesday.

The International Monetary Fund (IMF) approved a $336 million disbursement to Sri Lanka, marking a positive step in…

Sri Lanka has granted Elon Musk's Starlink, the satellite internet arm of SpaceX, preliminary approval to operate…

The Sri Lankan government will offer loans with a 7 per cent concessionary interest rate to small- and medium-scale…

Sri Lanka's central bank kept interest rates steady on Tuesday to focus on controlling inflation amid the country's…

Sri Lanka's consumer price inflation edged up to 2.7 per cent in April from 2.5 per cent in March.

Sri Lanka's consumer price inflation dropped significantly to 2.5 per cent in March.