Business
CBSL reduces Overnight Policy Rate to 7.75%
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to reduce the Overnight Policy Rate (OPR) by 25...
Sri Lanka struggles to retain foreign investment in bond market
Foreign investors sold Rs. 1.38 billion ($4.6 million) worth of Sri Lankan government securities during the week ending May 15, reversing a two-week...
CBSL downplays risk of harsh US tariffs
Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe, has said that a potential 44% reciprocal tariff on Sri Lankan...
Sri Lanka’s manufacturing sector records sharp decline in April
Sri Lanka’s Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) has registered a significant decline, falling to 40.1 in April 2025. This marks...
EML Consultants expands globally with AI agriculture project in Australia
Sri Lanka’s leading consultancy firm, EML Consultants PLC, is strengthening its international footprint with the launch of an innovative AI-driven agriculture initiative in...
Bangladesh and Sri Lanka explore enhanced port partnership
The High Commissioner of Bangladesh to Sri Lanka, Andalib Elias, recently held discussions with Admiral Sirimewan Ranasinghe (Retd.), Chairman of the Sri Lanka...
Sri Lanka sees surge in remittances and export earnings in March
Sri Lanka recorded a notable increase in export earnings and foreign remittances in March 2025, according to the latest data released by the...
More US energy imports on the table for Sri Lanka
Sri Lanka has made significant progress in discussions with United States trade authorities and the International Monetary Fund (IMF), with both engagements yielding...
