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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 of 5% ±2% by the third quarter of 2025. This report, mandated by Section 26(5) of the Central Bank of Sri Lanka Act, No. 16 of 2023 (CBA), was submitted to […]
‘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 at a price 70% higher than the market rate. Rohan Pethiyagoda reviews AKD’s reasoning for the cancellation, showing how the president kept his promise to scrap the deal which he himself questioned repeatedly […]
‘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 for the first time in history. This remarkable ascent reflects growing investor confidence in Sri Lanka’s economic trajectory, underpinned by recent governmental policies, good governance initiatives, and strategic international partnerships. Economic Recovery and Growth […]
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 future with the right guidance. NSBM’s “Meet Your Lecturer” Guidance Programme will take place on January 25–26, at its picturesque university premises in Homagama. This special event is designed for after A/L students […]
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 revolutionary concept that promises to transform how enterprises approach digital transformation. The event brought together industry leaders, innovators, and technology experts for an inspiring evening of discussion and exploration. Platformless addresses a critical challenge in […]
‘ 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 recalibration of the agency’s Sri Lankan National Rating scale to reflect changes in the relative creditworthiness among the country’s issuers. This follows the upgrade of the sovereign’s Long-Term Local-Currency Issuer Default Rating (IDR) […]
‘ 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 agency’s Sri Lankan national rating scale. At the same time, Fitch has affirmed the National Long-Term Ratings of five Sri Lankan banks. The recalibration reflects changes in the relative creditworthiness of Sri Lankan […]
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 Anura Kumara Dissanayake, Hon. Prime Minister Harini Amarasuriya and other government officials, private investors, and development partners to discuss the country’s ongoing efforts towards economic recovery and long-term growth. Raiser was […]
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 programme, spearheaded by H. E. President, Anura Kumara Dissanayake, and the government. With sustainability as a core principle, the Sri Lankan apparel sector is uniquely positioned to complement this nationwide movement for environmental, […]
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 unsettling in 2025. The year 2024 closed with estimates of over 311,000 departures for foreign employment and over USD 6.5 billion in remittances. In December 2024, 115 Rohingya people, including 78 adults and […]