#Economy
India overtakes Japan to become world’s 4th largest economy
India has overtaken Japan to become the world’s fourth-largest economy and is now poised to surpass Germany to claim the third position within...
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...
More than half of all Sri Lankans trapped in debt
A newly released report by the Department of Census and Statistics has revealed a grim portrait of Sri Lanka’s economic landscape, with more...
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...
South Indian port identified as formidable challenger to Colombo port
The newly-opened Vizhinjam deep-sea port in Kerala, South India has been identified as a formidable challenger to Colombo port and the Sri Lankan...
Govt. is meaningless if economic growth declines – Harsha
A government is meaningless if it fails to secure economic growth, said MP Dr. Harsha de Silva. He said economic growth this year...
Sri Lanka loses sight of global markets
By Dinouk Colombage As the countdown continues to the end of the temporary pause announced on the tariffs imposed by the Donald Trump...
IMF to delay next tranche of funding as Sri Lanka misses key reform targets
The International Monetary Fund (IMF) has announced that the release of Sri Lanka’s next loan instalment under its Extended Fund Facility (EFF) could...
