Sri Lankan shares edge lower as communication services, IT stocks weigh Published 15 Sep, 2026 06:51pm CSE All Share index settled down 0.24% at 21,262.13
Sri Lanka's economy grew 4.2% in Q2 despite pressures from Iran war Published 15 Sep, 2026 04:53pm Backed by a $2.9 billion IMF program, Sri Lanka's economy expanded 4.2% in Q2, navigating persistent inflation and rising global fuel prices
Sri Lanka calls for debt-restructuring proposals from dealer managers Published 28 Mar, 2024 05:46pm COLOMBO: Sri Lanka has called for proposals from dealer managers to support its restructuring of some $12 billion of...
Sri Lanka unexpectedly cuts policy rates by 50 bps to spur growth Published 26 Mar, 2024 10:51am COLOMBO: Sri Lanka’s central bank lowered interest rates by 50 basis points in an unexpected move on Tuesday as...
Crisis-hit Sri Lankan economy rebounds as tourists return Updated 16 Mar, 2024 10:18pm COLOMBO: Sri Lanka’s economy rebounded strongly in the fourth quarter of 2023 from the island nation’s unprecedented...
Inflation eases sharply in bankrupt Sri Lanka Updated 01 Jul, 2023 09:42pm COLOMBO: Sri Lanka's inflation eased to 12 percent in June, official data showed Saturday, the lowest figures since...
Sri Lanka could exit bankruptcy by September, says president Updated 30 Jun, 2023 02:37pm COLOMBO: Sri Lanka could exit bankruptcy by September, President Ranil Wickremesinghe said on Friday, signalling a...
World Bank to provide $500mn budget support to Sri Lanka Published 27 Jun, 2023 09:20am COLOMBO: Sri Lanka will enter into an agreement with the World Bank for $500 million in budgetary support after the...
Cash-strapped Sri Lanka to restructure domestic debt Published 26 Jun, 2023 11:38am COLOMBO: Sri Lankan authorities have declared a five-day closure of financial markets from Thursday ahead of a...
Sri Lanka to unveil domestic debt restructuring strategy this week Published 25 Jun, 2023 10:49pm COLOMBO: Debt-laden Sri Lanka will unveil its domestic debt restructuring strategy this week, central bank chief P....
Debt-stricken Sri Lanka to receive first tranche of IMF bailout funds in two days Updated 21 Mar, 2023 12:18pm COLOMBO: Sri Lanka will get the first $330 million tranche of the International Monetary Fund’s bailout in the next...
IMF approves Sri Lanka's $2.9bn bailout Published 20 Mar, 2023 10:55pm COLOMBO: Sri Lanka's president said Monday that the International Monetary Fund has approved its request for a $2.9...
Sri Lanka inflation hits record 14pc as food crisis worsens Published 23 Jan, 2022 05:17am COLOMBO: Sri Lanka consumer prices shot up a record 14 percent in December, surpassing a previous high of 11.1 from ...
Sri Lanka economy slumps in face of forex crisis Published 16 Dec, 2021 11:34am COLOMBO: Sri Lanka's economy shrank in the third quarter as a foreign exchange crisis wrecked its recovery from the...