Inaugural Sri Lanka FinTech Festival opens in Colombo on November 2
The first Sri Lanka FinTech Festival will take place on 2 and 3 November at Shangri-La Colombo, organised by the…
Economy, markets, trade, banking and corporate news.
October tourist arrivals cross 135,000 as India leads source markets
Sri Lanka welcomed 136,096 international tourists in the first 25 days of October, according to the latest data from the…
Sri Lanka and Türkiye sign new air services agreement
Sri Lanka and Türkiye have signed a new air services agreement, setting the framework for flights between the two countries.…
Cabinet approves US$100 million ADB loan to support economic recovery
The Cabinet of Ministers has approved an agreement with the Asian Development Bank (ADB) to obtain a US$100 million loan…
Yuan clearing facility launched in Colombo for direct China trade settlement
A yuan clearing facility has been launched in Colombo, allowing businesses to settle trade with China directly in the Chinese…
Manufacturing PMI steady at 53.0 as factory activity keeps growing
Sri Lanka’s manufacturing sector continued to expand in September, with the Central Bank’s Purchasing Managers’ Index (PMI) holding at 53.0,…
Customs revenue for September beats target by 32%
Sri Lanka Customs collected revenue in September that was 32% above its monthly target, adding to strong collections so far…
Explainer: What the 5% inflation target means for your household
The Central Bank of Sri Lanka has a legal mandate to keep inflation around 5%, within a band of 3%…
Sri Lanka keeps 5% inflation target for the next three years
The government and the Central Bank of Sri Lanka have signed a new Monetary Policy Framework Agreement that keeps the…
Central Bank keeps Overnight Policy Rate unchanged at 8.75%
The Monetary Policy Board of the Central Bank of Sri Lanka has decided to keep the Overnight Policy Rate (OPR)…