Sri Lanka's economy is projected to register a real contraction of around 8.0 percent in 2022 and a gradual recovery from the second half of 2023, the Central …
The South Asian Federation of Accountants (SAFA), which represents over 400,000 accounting professionals, has appointed Vice President of the Institute of …
Headline inflation, as measured by the year-on-year change in the Colombo Consumer Price Index decreased to 57.2% in December 2022 from 61.0% in November 2022 …
The Sri Lanka Export Development Board (EDB) signed a memorandum of understanding with the Swiss Import Promotion Programme (SIPPO) which operates under the …
By Jekhan Aruliah The Yarl Geek Challenge has a strong record as nursery for tech startups. By 2022, its 11th season, YGC alumni have started more than 60 …
The Colombo Stock Exchange (CSE) announces the following change in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2022 …
The Department of Census and Statistics (DCS) Sri Lanka, has released the estimated Gross Domestic Product (GDP) at the current price and at constant (2015) …
Designed to be a hub for international investment, trade, finance, entertainment, leisure and other services, Port City Colombo will not be able to operate in …
December 13, 2022 (LBO) - Casinos in Sri Lanka have always been a subject of controversy, but also one that has transformational economic potential. With no …
December 10, 2022 (LBO) - Sri Lanka foreign remittances are moving closer to a US$5bn annualized rate based on November monthly data. Sri Lanka remittances for …
December 7, 2022 (LBO) - Demystifying the Minerals Sector Why is it that many entirely legitimate investments by the private sector are immediately …
World Bank (WB), Asian Development Bank (ADB), International Monetary Fund (IMF) and Asian Infrastructure Investment Bank (AIIB) representatives decided that a …
The World Bank today approved Sri Lanka’s request to access concessional financing from the International Development Association (IDA). This type of …
In support of the Ministry of Environment's policy on plastic waste reduction, the United States Agency for International Development’s (USAID) partner, …
The Ordinary Voting Shares of Exterminators PLC transferred from the Empower Board of the CSE to the Diri Savi Board with effect from 2nd December 2022, a …
FitchRatings has downgraded Sri Lanka's Long-Term Local-Currency Issuer Default Rating (IDR) to 'CC', from 'CCC', and has affirmed the Long-Term …
The presence of SOEs in strategic sectors of Sri Lanka is proof of the significant value creation it can generate through spillover effects. The societal …
Earnings from the merchandise exports decreased by 8.18 % y-o-y to US$ 1,094.8 Mn in October 2022 as per the data released by Sri Lanka Customs. This was …
The deceleration in inflation is expected to continue in the ensuing period, supported by subdued aggregate demand pressures, expected improvements in domestic …