June food prices increase by 14.3-pct: Advocata’s Bath Curry Indicator
June Food Prices Increase by 14.3-pct Advocata’s Bath Curry Indicator (BCI) which tracks the monthly changes in the price of food recorded a jump of …
June Food Prices Increase by 14.3-pct Advocata’s Bath Curry Indicator (BCI) which tracks the monthly changes in the price of food recorded a jump of …
The Government of Sri Lanka is planning to borrow two loans amounting to USD 150 million from the Asian Development Bank (ADB) to implement the “Responsive …
The Monetary Board of the Central Bank has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the …
With a view to assist and maintain the financial system stability by minimizing the pressure on the exchange rate and preserving the foreign currency reserve …
The Colombo Stock Exchange (CSE) and CHEC Port City Colombo signed a Memorandum of Understanding (MoU) to enhance the capital markets in Sri Lanka by taking …
Prime Minister Mahinda Rajapaksa met with an Omani investors delegation from Shumookh Investment and Services SAOC which is the investment arm of Madayn - The …
While there may be short-term fluctuations in foreign reserves in the period ahead due to debt servicing of the Government, adequate financing strategies have …
Sri Lanka’s export sector performance has been able to manage its growth momentum in May 2021 with the challenges of the Covid-19 pandemic. As per the …
The Sri Lanka Retailers' Association (SLRA), the apex body for organised retail in Sri Lanka, issued a communique requesting landlords, lessors, and business …
The State Ministry of Regional Cooperation, recognizing the potential of Sri Lanka’s natural resources to contribute to the country’s economy, has been …
Whilst the GSP plus helps significantly boost the country’s export performance, the loosing of it would not create a major vacuum on a broader level besides …
Fitch Ratings has affirmed Sri Lanka's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'CCC'. KEY RATING DRIVERS: Sri Lanka's 'CCC' rating reflects a …
Sri Lanka’s official reserves were 4 billion US dollars (USD 4,018.1mn) by the end of May, down from 4.5 billion US dollars in April, the latest Central Bank …
The World Bank’s Board of Executive Directors approved $40 million in additional financing for Sri Lanka to expand water supply, sanitation, and hygiene …
The 2021 Invest Sri Lanka Forum, organized by the Board of Investment, The Ceylon Chamber of Commerce and the Colombo Stock Exchange, which commenced on …
Sri Lanka is a skills powerhouse, with the best living environment in South Asia, a senior official said. Additionally, Sri Lanka is the place to work, live …
Sri Lanka's Central Bank with a view of encouraging foreign currency inflows to the country, invites the private sector to pursue avenues to raise offshore …
Sri Lanka has ambitious plans to double the national output from its current level to 8,000 dollars GDP per capita by 2030 and the country is also deeply …
By Jekhan Aruliah A few years ago I was speaking with a main board director of one of Sri Lanka’s largest companies. I asked him, a Jaffna Tamil gentleman …
Bridging the urban and rural gap by providing services and infrastructure facilities equally across all segments of the country is one of the key focus of the …