Sri Lanka economy

Sri Lanka cuts key interest rates as economy rebounds

The Central Bank of Sri Lanka reduced its benchmark lending rate from 10 percent to 9.5 percent and the deposit rate from 9.0 to 8.5 percent

Crisis-hit Sri Lankan economy rebounds as tourists return

Number of tourists visiting jumped to 210,000 in December, it was 91,900 a year earlier

Sri Lanka raises taxes ahead of foreign debt deal

Sri Lanka slapped a new 18 % VAT on fuel, mobile phones and computers from Monday to raise revenue ahead of a foreign debt restructuring

Sri Lanka approves free tourist visa for seven countries

Tourists from China, India, Russia, Japan, Thailand, Indonesia, and Malaysia will be issued free visas till March 31, 2024

Sri Lanka inflation continues falling

It hit 0.8% in September down from 2.1% in August

Bangladesh has learnt a lot from Sri Lanka’s woes

Sri Lanka is generally known for its quality education, healthcare, natural beauty and even migration policies and practices. But in recent times, the island nation has made the headlines for all the wrong reasons.

Protest in Singapore’s Speakers' Corner against Rajapaksa draws audience of one

A last-minute protest at Speakers' Corner in Hong Lim Park on Saturday (July 16,2022) against Singapore's decision to let ousted Sri Lankan president Gotabaya Rajapaksa into the country drew an audience of one.

India to up aid to Sri Lanka by $2 billion more: Report

With financial crisis-ridden Sri Lanka having announced a temporary suspension of its debt payment, India is reportedly willing to step in and provide financial assistance of another two billion dollars to the nation.

‘Bangladesh’s future shouldn’t be measured through Sri Lanka’s situation’

Planning Minister MA Mannan today said that measuring and assessing the economic future of Bangladesh through Sri Lanka’s ongoing financial crisis cannot be acceptable.

March 26, 2024
March 26, 2024

Sri Lanka cuts key interest rates as economy rebounds

The Central Bank of Sri Lanka reduced its benchmark lending rate from 10 percent to 9.5 percent and the deposit rate from 9.0 to 8.5 percent

March 16, 2024
March 16, 2024

Crisis-hit Sri Lankan economy rebounds as tourists return

Number of tourists visiting jumped to 210,000 in December, it was 91,900 a year earlier

January 1, 2024
January 1, 2024

Sri Lanka raises taxes ahead of foreign debt deal

Sri Lanka slapped a new 18 % VAT on fuel, mobile phones and computers from Monday to raise revenue ahead of a foreign debt restructuring

October 24, 2023
October 24, 2023

Sri Lanka approves free tourist visa for seven countries

Tourists from China, India, Russia, Japan, Thailand, Indonesia, and Malaysia will be issued free visas till March 31, 2024

October 23, 2023
October 23, 2023

Sri Lanka inflation continues falling

It hit 0.8% in September down from 2.1% in August

November 26, 2022
November 26, 2022

Bangladesh has learnt a lot from Sri Lanka’s woes

Sri Lanka is generally known for its quality education, healthcare, natural beauty and even migration policies and practices. But in recent times, the island nation has made the headlines for all the wrong reasons.

July 17, 2022
July 17, 2022

Protest in Singapore’s Speakers' Corner against Rajapaksa draws audience of one

A last-minute protest at Speakers' Corner in Hong Lim Park on Saturday (July 16,2022) against Singapore's decision to let ousted Sri Lankan president Gotabaya Rajapaksa into the country drew an audience of one.

April 14, 2022
April 14, 2022

India to up aid to Sri Lanka by $2 billion more: Report

With financial crisis-ridden Sri Lanka having announced a temporary suspension of its debt payment, India is reportedly willing to step in and provide financial assistance of another two billion dollars to the nation.

April 5, 2022
April 5, 2022

‘Bangladesh’s future shouldn’t be measured through Sri Lanka’s situation’

Planning Minister MA Mannan today said that measuring and assessing the economic future of Bangladesh through Sri Lanka’s ongoing financial crisis cannot be acceptable.

push notification