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18 Articles
Business

Record number of tourists fail to boost Sri Lanka’s slumping tourism earnings

Sri Lanka’s tourism sector is struggling to convert rising visitor arrivals into higher revenue, with earnings in November 2025 declining sharply despite a...

Business

Sri Lanka’s official reserves drop to 2025 low

Sri Lanka’s official foreign reserves dropped 3% in November to $6.03 billion, marking the lowest level recorded this year. According to the Central...

Sri Lanka

Reserves set to hit post-crisis high in December: CBSL Governor

Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe yesterday (26) said Sri Lanka’s gross official reserves are expected to climb to...

Business

Central Bank says top executives still fall victim to illegal pyramid schemes

Warnings have failed to deter senior executives and intellectuals from participating in illegal pyramid schemes, Central Bank Deputy Governor K.G.P. Sirikumara said. “It...

Business

CBSL keeps policy rate unchanged

The Monetary Policy Board has decided to maintain the Overnight Policy Rate (OPR) at 7.75%, following its meeting held yesterday (24). The decision...

Business

Sri Lanka’s private sector borrowings hit record Rs. 236 billion in September

Private sector borrowings in Sri Lanka surged to a record Rs. 236.3 billion in September, pushing the total outstanding private sector debt to...

Sri Lanka

Sri Lanka’s official reserve assets record slight decline in October

The Central Bank of Sri Lanka (CBSL) reported that the country’s official reserve assets stood at USD 6,216 million at the end of...

Sri Lanka

Foreign loan racketeers profiting while Sri Lanka’s regulatory bodies remain silent

The Anti-Corruption Force (ACF) has called on the Government and the Central Bank of Sri Lanka (CBSL) to urgently crack down on online...