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Fitch Flags Sri Lanka Debt Risks despite Budget Improvements
Fitch Ratings has sounded a cautionary note on Sri Lanka’s fiscal trajectory, highlighting that while the 2026 Budget reflects improvements in deficit management, high...
Asbury’s GK Takeover Signals Renewed Interest in Sri Lankan Graphite
AMG Critical Materials N.V. (AMG) has announced the sale of its subsidiary, Graphit Kropfmühl GmbH (GK), to Asbury Carbons Inc., a portfolio company of...
Sri Lanka’s Economic Backbone Faces Breaking Point
The micro, small and medium enterprise (MSME) sector in Sri Lankalong hailed as the backbone of the economy is now facing acute stress, with...
Fragile Reserves Undermine Sri Lanka’s External Stability
Sri Lanka’s foreign exchange reserves, though showing modest recovery, remain under pressure as rising import expenditure and continued foreign currency outflows strain the island’s...
Government Allocates Rs. 1 Billion to Support Potato and Big Onion Farmers
Trade, Commerce, Food Security and Cooperative Development Minister Wasantha Samarasinghe told Parliament yesterday that the Government has taken necessary measures to provide a fair and sustainable...