Sri Lanka 2025 tourist arrivals up 17.5-pct to March 26
Sri Lanka’s tourist arrivals grew 23.2 percent to 191,982 in the first 26 days of March 2025, from a year ago,
Continue Reading
S L exchange rate to be flexible, but not so volatile: CB Governor
Sri Lanka’s central bank is not for a fixed exchange rate, but a much more ‘predictable’ regime, where investors can take positions, Central Bank Governor Nandalal Weerasinghe said.
Continue Reading
Sri Lanka credit growth reflects economic recovery
Sri Lanka’s steady credit growth has been reflecting the country’s economic recovery, Central Bank Governor Nandalal Weerasinghe said.
Continue Reading
SMEs urged to apply for CBSL relief measures before 31 March deadline
The Central Bank of Sri Lanka (CBSL) this week urged borrowers to avail themselves of relief measures introduced to support small and medium-sized enterprises (SMEs) before the March 31, 2025 deadline.
Continue Reading
No need to raise funds from global debt markets even in 2028: CB Governor
Can regain access possibly in two years Debt-for-Nature Swaps preferred over Green Bonds
Continue Reading
India surpasses Sri Lanka to become world’s second largest tea exporter – report
According to data released by the Tea Board of India, India has exported 254 million kg of tea in 2024, thus becoming the second-highest exporter in the world.
Continue Reading
Sri Lanka Police issue directives for owners providing tuk-tuks to foreign tourists
Sri Lanka Police reported that an increase in the number of foreigner tourists visiting the country and driving three-wheelers has been observed.
Continue Reading
Standard Chartered group to exit wealth & retail banking business in SL
Standard Chartered Group, as a part of its strategy, said it is exploring the sale of its Wealth & Retail Banking (WRB) business in Sri Lanka, subject to regulatory approvals.
Continue Reading
SriLankan Airlines’ ownership should remain local, despite growing foreign interest: CEO
The Chief Executive Officer (CEO) of SriLankan Airlines Richard Nuttall states that as Sri Lanka’s economy recovers and tourism returns,
Continue Reading
Central Bank keeps policy rate unchanged amid economic recovery
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Overnight Policy Rate (OPR) at 8.00%,
Continue Reading