Tag: Sri Lanka

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Fitch Affirms Sri Lanka’s Sovereign Rating at ‘CCC+’

Fitch Ratings has affirmed Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘CCC+’, noting that despite the completion of the country’s debt restructuring in 2024,...

WEATHER FORECAST FOR 02 OCTOBER 2025

A few showers may occur in Western and Sabaragamuwa provinces and in Galle, Matara, Kandy and Nuwara-Eliya districts. Mainly fair weather will prevail over elsewhere...

2026 Budget to Focus on Growth without New Taxes

Sri Lanka’s 2026 Budget is expected to build on strong fiscal consolidation achieved this year, with the Government signalling that no new taxes will...

Stalled Reforms and Policy Hurdles Cloud Sri Lanka’s Investment Outlook

Sri Lanka’s sluggish progress in privatising State-Owned Enterprises (SOEs), rigid labour market regulations, and restrictions on foreign participation continue to undermine investor confidence, the...

Sri Lanka’s 2025 Growth Outlook Splits Economists as Forecasts Diverge

Sri Lanka’s post-crisis economic recovery has entered a decisive phase, with international financial institutions sharply divided over the country’s growth prospects for 2025. While...

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UN Health Agency Says Cruise Ship Hantavirus Outbreak Is Not a Pandemic Threat

By: Puli May 8, LNW (Colombo): The United Nations health...

Billionaire Alliance Reshapes Sri Lanka’s Powerful Domestic Gas Monopoly

A dramatic corporate alliance between billionaire investor Dhammika Perera...

India’s Expanding Investment Footprint Reshapes Sri Lanka’s Economic Future

Sri Lanka is intensifying efforts to deepen economic cooperation...

Power Tariff Battle Intensifies Amid Billion-Rupee Energy Crisis

Sri Lanka’s looming electricity tariff revision has triggered a...

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