Sri Lanka's central bank lowered interest rates by 50 basis points in an unexpected move on Tuesday and said there was space ...
The International Monetary Fund (IMF) announced on March 21, 2024, that it has reached a staff-level agreement with Sri Lanka ...
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 ...
Sri Lanka's key inflation rate fell to 0.9% year-on-year in March from 5.9% in February, the statistics department said on Thursday.
The world's largest refiner, China's Sinopec , plans to start work on a refinery in Sri Lanka by June, the power minister said on Thursday, advancing a project earmarked as the biggest investment in ...
There has been a lot of criticism about Sri Lanka’s 17th IMF program from people of various backgrounds. They have made all ...
Central banks across emerging Asia are poised to implement interest rate cuts in the coming months, driven by declining inflation and tepid domestic ...
Oil prices rose by more than $1 a barrel on Thursday, after falling for two consecutive sessions, on the prospect of supplies ...
Petrol prices in New Delhi is cut from Rs 96.72 to Rs 94.72 per litre, while in Mumbai it will be cut from Rs 106.31 to ...
For women in working-class poor settlements in Colombo, since Covid-19, it seems that crises have kept on coming with no respite. At the height of Sri Lanka’s economic crisis in 2022 when food ...
Measures to improve consumption demand and optimism in future growth will bring back private investment automatically ...
Sri Lanka’s central bank cut interest rates on Tuesday as the country emerged from its worst economic crisis that forced the ...