The Government of Sri Lanka has extended financial assistance amounting to USD 01 Million to provide relief to the people of Myanmar affected by the recent earthquake. The relevant cheque was …
IMF says discussions to continue with Sri Lanka on fourth review
The International Monetary Fund said on Friday that discussions with Sri Lanka will continue towards reaching an agreement in the near term on the fourth review of its $2.9 billion programme, after a …
IMF Staff Team Concludes Visit to Sri Lanka
The IMF staff team had very productive discussions with the Sri Lankan authorities on economic performance and policies underpinning the Fourth Review under the IMF Extended Fund Facility (EFF) …
Sri Lanka stocks open up after Trump announces tariff pause
ECONOMYNEXT – Sri Lanka stocks opened up on Thursday after US President Donald Trump announced a 90-day pause on enforcing increased tariffs on exports. The All Share Price Index was trading up 4.78%, …
The future of Sri Lanka’s garment industry
The Narendra Modi visit and what it means for the Sri Lankan garment sector A 44% Trump tariff Could seriously impact Sri Lankan business and thereby FDI and jobs says Sri Lanka’s Garment industry.
Sri Lanka passes landmark law to recover stolen assets
COLOMBO] Sri Lanka’s government introduced sweeping legislation on Tuesday (Apr 8) to recover stolen assets and pave the way for the prosecution of high-profile politicians from previous …
Central Bank presents 2024 Annual Economic Review to President
The Central Bank of Sri Lanka today (07) presented its flagship publication, the Annual Economic Review for 2024 (AER 2024), to the President and Minister of Finance, Anura Kumara Dissanayake, highlig …
India’s Adani opens giant Sri Lanka container terminal
Sri Lanka lies at a key halfway point along the main east–west international maritime route and Colombo is a major transhipment hub for South Asia.
India’s Adani opens giant Sri Lanka container terminal
Sri Lanka lies at a key halfway point along the main east–west international maritime route and Colombo is a major transhipment hub for South Asia.
PM Modi departs for home after concluding ‘productive’ visit to Sri Lanka
Prime Minister Narendra Modi departed for India on Sunday after concluding a “very productive” visit to Sri Lanka where he held extensive talks with President Anura Kumara Dissanayake and witnessed …