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CB’s interest rate hike boomerangs resulting recession in Sri Lanka

Sri Lanka will have to manage imports with available inflows instead of seeking bridging finance

Government grapples to save US$10 billion SL economy contraction

according to econometric models and provisional data of the Finance Ministry.

Sri Lanka private sector engages on measures to boost exports

Involvement of the public and private sector in the development of the country’s economy has been further strengthened to boost exports .

Gulf Airlines support “FIFA Zone “in Sri Lanka to boost tourism

The out-of-the-box plan to attract a fraction of the FIFA World Cup 2022 fan base to Sri Lanka will materialize

Cash strapped Sri Lanka introduces tax hike to enhance revenue

Sri Lanka’s latest tax rate hike has been gazetted recently.

Breaking

Ditwah Insurance Crisis Leaves Rs.28 Billion Claims Unsettled

Nearly seven months after Cyclone Ditwah devastated Sri Lanka...

Productive Sectors Lose Credit Share as Economic Recovery Faces Questions

Sri Lanka’s latest banking statistics reveal a significant change...

NDB’s Rs. 13.64 Billion Fraud Tests Bank’s Financial Resilience

National Development Bank PLC (NDB) has reported a recovery...

One Year without Trial? Detention Powers Raise Alarms

Sri Lanka’s proposed Prevention of Organised Crimes Bill (OCB)...
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