Rice importers in Sri Lanka have initiated discussions with the government to potentially remove the controlled price...
Economy
Sri Lanka has launched the establishment of a Public Debt Management Office (PDMO), which aims to centralize...
The escalating tension in Sri Lanka’s rice market is creating ripples that threaten to turn into a...
Private importers have brought in 67,000 metric tons of rice since the government permitted imports on December...
Mr. Samantha Vidyarathna, a senior government representative, announced plans to reduce electricity rates by 30%, a move...
The cost of imported vehicles in Sri Lanka has soared by approximately 300% since 2020, largely driven...
The Western Province emerged as the leading contributor to Sri Lanka’s economy in 2023, accounting for 43.7%...
Fitch Ratings has raised Sri Lanka’s long-term foreign currency issuer default rating (IDR) to ‘CCC+’ from ‘RD’...
Central Bank Governor Dr. Nandalal Weerasinghe has announced that the government will impose taxes on vehicle imports...
The government’s rice import policies and limitations on fertilizer subsidies have sparked criticism from farmer organizations, who...
