Sri Lanka’s headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100), remained in negative territory for the third consecutive month, recording a deflation of 2.1% in November 2024.
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Since the government has approved the resumption of vehicle imports, a leading vehicle importer has started registering individuals interested in purchasing new vehicles once the restriction on private vehicle imports is lifted.
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The Assistant Governor of the Central Bank of Sri Lanka (CBSL), Dr. Chandranath Amarasekara says that they do not expect the deflation to continue for a long time to have an impact on country’s production.
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Addresses 59th Anniversary of THASL, urges tourism sector to build financial buffers and reduce reliance on Govt. interventions during crises Stresses on need for stakeholders to learn from past vulnerabilities and prepare for future disruptions Calls on industry to capitalise on opportunities, as country benefits from more stable political and economic environment
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The Ceylon Petroleum Corporation (Ceypetco) has announced a revision of fuel prices, effective from midnight yesterday.
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Japan will consider new projects in Sri Lanka only after examining any request from the Sri Lankan authorities and its economic status first, the Japanese Embassy said yesterday.
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Agrarian Organisations in the Central Province warned that the already soaring prices of vegetables would further increase due to the prevailing heavy rain and floods, which have caused crop devastation.
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As part of the Voyage Sri Lanka 2024 initiative, a group of 20 potential foreign investors from countries including India, Saudi Arabia, Maldives, France, Japan, Thailand, the United States,
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By Matthew Driver, executive vice president, head of Services, Asia Pacific, Mastercard
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Ambeon Capital PLC (ACP) has invited nearly 30 fund managers from Germany for a four-day visit to Sri Lanka,
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