Sri Lanka tourism revenue more than triples in September 2023
Sri Lanka’s tourism revenues grew more than triple to $152.2 million in September 2023 from a year earlier, as the
Emerging economies face China and rate pressures as IMF, World Bank meet
Emerging economies are facing headwinds from all sides, with a recent selloff in U.S. Treasuries and China’s slowing economy adding
Fiscal Consolidation to Progress Slowly Among APAC Sovereigns
Fitch Ratings expects general government (GG) debt/GDP to fall for around half of sovereigns in Asia over 2023-2025. However, the
Crisis-hit Sri Lanka’s brain drain hits ICT sector’s workforce; requires 100,000 more – official
Sri Lanka’s Information and Communication Technology (ICT) sector is facing a dearth of skilled workforce with most having already left
Fitch affirms rating on 15 Sri Lankan Banks
Fitch Ratings has affirmed ratings on 15 Sri Lankan banks, Fitch said in a statement. The statement is given below:
Sri Lanka resumes rate cuts to boost growth as inflation cools
Sri Lanka’s central bank resumed interest rate cuts on Thursday to boost growth and as the government seeks to lift
Green economic recovery top priory for EU in Sri Lanka
The European Union (EU) Delegation to Sri Lanka and the Maldives is launching its campaign “Let’s Go Green” on the
World Bank boosts Sri Lanka economic forecasts after inflation progress
Sri Lanka’s economy is expected to grow by 1.7% in 2024 after contracting by 3.8% in 2023, the World Bank
Sri Lanka economic freedom below Burkina Faso, Haiti
Sri Lanka has dropped 12 place in economic freedom to 116 from 104, in a ranking of 165 countries and
CCPI based headline inflation recorded a significant decline in September 2023
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100) decreased to 1.3% in September 2023