Sri Lanka News » Eastern News Sri Lanka » Eastern » Economy: Sri Lanka’s central bank promotes digital payments in eastern city
Sri Lanka's central bank is conducting a digital payments promotional programme in Trincomalee on June 5-6, to raise awareness among government officials, the business community and the public.
News Sri Lanka » Eastern » Economy: Sri Lanka extends deadline for Green Hydrogen, Ammonia proposals
Sri Lanka has extended the submission deadline for Requests for Information (RFI) for the development of Green Hydrogen and Green Ammonia projects in the country, it's Board of Investment said.
News Sri Lanka » Eastern » Economy: Restructuring Sri Lanka’s economy to mitigate impact of external shocks
The West Asian war that has triggered a global economic crisis has brought out the vulnerability and instability of Sri Lanka’s import-export economy and underscored the need to reduce the country’s ...
News Sri Lanka » Eastern » Economy: Sri Lanka's Economy Stabilized; Continued Reforms Critical to Boost Exports and Attract Investment
COLOMBO, October 10, 2024—Sri Lanka’s economy has stabilized, with growth expected to reach 4.4 percent in 2024, surpassing earlier forecasts. This positive outlook follows four consecutive quarters ...
News Sri Lanka » Eastern » Economy: Sri Lanka's Central Bank Expects Economy to Grow by 4.5% in 2025
COLOMBO (Reuters) -Sri Lanka's economy will grow by 4.5% this year, the central bank said in a monetary policy report on Friday, despite some risks to the island nation's recovery from U.S. tariffs.
News Sri Lanka » Eastern » Economy: JVP/NPP government in Sri Lanka preparing further attacks on workers amid growing crisis
Sri Lanka’s worsening balance of payments crisis, soaring oil bill and rupee depreciation are driving the JVP/NPP government into a deepening crisis.
News Sri Lanka » Eastern » Economy: Sri Lanka was reeling from crisis to crisis, then the Middle East war came
After enduring terror attacks, a pandemic, economic collapse and a devastating cyclone, citizens wonder when the hardships will end.
News Sri Lanka » Eastern » Economy: How Sri Lanka is Rewriting its Economic Narrative
Two weeks after the International Monetary Fund (IMF) completed its third review of Sri Lanka’s Extended Fund Facility, unlocking millions in critical funding, President Anura Kumara Dissanayake’s ...
News Sri Lanka » Eastern » Economy: As Sri Lanka’s economy pivots from tourism, it’s well placed to benefit from global trade and geopolitical jostling – new research
With its natural beauty, wildlife and culture, Sri Lanka is known as the “pearl of the Indian Ocean”, and attracts millions of tourists every year. But my research suggests that the country might not ...
News Sri Lanka » Eastern » Economy: Middle East conflict hits Sri Lanka’s tea industry, heightens economic strain
Nearly half of the country’s Ceylon tea exports go to the Middle East region. Read more at straitstimes.com. Read more at straitstimes.com.
News Sri Lanka » Eastern » Economy: Middle East conflict hits Sri Lanka's tea industry, heightens economic strain
COLOMBO, May 21 (Reuters) - Tea factory worker Jacintha Malar once relied on cooking gas to prepare meals for her family, but has switched to firewood after the Middle East conflict pushed up energy ...