Sri Lanka's private credit is recovering from the latest currency crisis triggered by rate cuts to target output and high cost of living increase of 5 percent, and red flags are going up.

ECONOMYNEXT – Sri Lanka’s remittances coming from its overseas expatriate workers rose to near record high and gained 21.1 ...

Sri Lanka's Ceylon Electricity Board has appealed to rooftop solar owners to switch off their systems from April 13 to 21 to ...

Sri Lanka’s agricultural production in paddy, fish, coconut, tea and rubber declined in January-February, the central bank ...

Sri Lanka is considering energy imports and tariff reforms as part of efforts to address a 44 percent tariff imposed on the ...

Former Sri Lankan President Ranil Wickremesinghe said Trump’s reciprocal tariff will pave the way for public support moving ...

Sri Lanka has sold 10 billion rupees of bonds offered on tap at the average rate set at an auction earlier this week, data ...

Bad loans in Sri Lanka's banking sector have peaked, though there is an increase in specialized banks, and capital buffers have strengthened, by the December quarter of 2024, official data shows.

Sri Lanka and the International Monetary Fund would continue discussions to conclude a staff level agreement later, a ...

ECONOMYNEXT – Transparency International Sri Lanka (TISL), the island nation’s corruption watchdog, has urged stronger ...