Central Bank maintains Overnight Policy Rate at the current level
The Monetary Policy Board of the Central Bank of Sri Lanka, at its meeting held on 28 January 2025, decided to maintain the Overnight Policy Rate …
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Sri Lanka Economic Summit kicks off today
President Anura Kumara Dissanayake will inaugurate the Sri Lanka Economic Summit organised by The Ceylon Chamber of Commerce which opens Tuesday at …
EDCM Resumes Operations after 28 Years; targeting USD 36 Bn in Export Revenue by 2030
In line with the new government’s policy of “A Thriving Nation- A Beautiful Life,” President Anura Kumara Disanayake directed officials to take …
Total exports for December 2024 increased by 9.21-pct compared to 2023
As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in December 2024 amounted to US$ 1,042.5 million, …
VIDEO: How China’s New AI Model DeepSeek Is Threatening U.S. Dominance
A little-known AI lab out of China has ignited panic throughout Silicon Valley after releasing AI models that can outperform America’s best despite …
Fitch Upgrades 10 Sri Lankan NBFIs’ Ratings, Affirms 8 Following National Scale Recalibration
Fitch Ratings has upgraded the National Long-Term Ratings of 10 Sri Lankan non-bank financial institutions (NBFIs) and affirmed the ratings of eight. …
VIDEO: Trump addresses World Economic Forum ‘I will make largest tax cuts in History’
Watch as Donald Trump gives remarks at the World Economic Forum. A key topic he spoked about is major tax cuts. The President also talked about trade …
Sri Lanka Apparel achieves 5-pct export growth in 2024, Eyes in-country verticality to enable growth
Sri Lanka’s export earnings from apparel in 2024 reached USD 4.7 billion, recording a year-on-year growth of nearly 5%, according to the Joint …
Quarterly Headline Inflation Projected to Hit Target Range of 5-pct ±2-pct by Q3 2025: CBSL
According to a recent report submitted by the Central Bank of Sri Lanka (CBSL), quarterly headline inflation is projected to reach the target range …
VIDEO: Sri Lanka revokes Adani Group’s controversial wind power project
The NPP Government has cancelled Ranil Wickremesinghe's cabinet decision to award the Mannar and Pooneryn wind power projects to Adani Green Energy …
Opinion: Sri Lanka’s Stock Market Surges to Historic High – Analyzing the Path Forward
By Uddeepa Peiris The Colombo Stock Exchange's All Share Price Index (ASPI) has reached an unprecedented milestone, surpassing the 17,000-point mark …
After A/L? “Meet your lecturer” at NSBM Green University this weekend
NSBM Green University, Sri Lanka’s premier degree-awarding institute, is hosting a special event this weekend for after A/L students to plan their …
WSO2 Introduces ‘Platformless: Redefining Digital Transformation’ at a CxO Event for SL Corporates
WSO2, a global leader in digital transformation technologies, successfully hosted an exclusive networking event this week to unveil Platformless, a …
Fitch Upgrades 7, Revises 2 Sri Lankan Non-Financial Corporates’ Ratings on National Scale Revision
Fitch Ratings has upgraded the National Long-Term Ratings of seven Sri Lankan non-financial corporates and revised the ratings of two following the …
Fitch Upgrades 10 Sri Lankan Banks’ National Ratings and Affirms Five after Scale Recalibration
Fitch Ratings has upgraded the National Long-Term Ratings of 10 Sri Lankan banks following the recent sovereign upgrade and recalibration of the …
World Bank Vice President Visits Sri Lanka, Reaffirms Support for Education, Renewable Energy
World Bank Vice President for South Asia, Martin Raiser, concluded a 2-day visit to Sri Lanka yesterday, where he met with His Excellency President …
JAAF supports ‘Clean Sri Lanka’ initiative to build a cleaner, greener future
The Joint Apparel Association Forum (JAAF), the apex body representing Sri Lanka’s apparel industry, welcomes the launch of the Clean Sri Lanka …
Balancing Borders: How Should Sri Lanka Manage the Rohingya Influx?
Bilesha Weeraratne, PhD. While the bedrocks of migration in Sri Lanka – foreign employment and remittances – are settling, other aspects are …
Supercharge Your AI with Smart Prompting
Artificial intelligence (AI) has seamlessly integrated into our lives, making its presence felt in everything from managing our schedules to …
Lumala employees urge Government action to save Sri Lanka’s bicycle industry
Employees of Lumala City Cycle Industries Manufacturing Pvt Ltd are calling for urgent government intervention as their company faces an …
David Pieris Group Launches Northern Entrepreneur Seed Fund
By Jekhan Aruliah I first met Mr David Pieris in 2021. David came for tea at my place in Jaffna on one of his business visits to the North. The David …
ADB and UNDP come together to support CIABOC on select Anti-Corruption Initiatives in Sri Lanka
The Asian Development Bank (ADB) and the United Nations Development Programme (UNDP) in Sri Lanka have come together to support the Commission to …
Sri Lanka Slashes Electricity Tariffs by 20-pct Effective Midnight
The Public Utilities Commission of Sri Lanka (PUCSL) has announced a reduction in electricity tariffs by 20%, effective from midnight today, for the …
CSE Partners with NCDEX to Explore Opportunities in Derivatives & Commodities Trading
The Colombo Stock Exchange (CSE) and the National Commodity and Derivatives Exchange (NCDEX) of India, recently signed a Memorandum of Understanding …