Textile Industry Significance The textile and apparel sector holds outsised importance in Sri Lanka’s economy. It accounts for approximately 40% of the country’s total exports and directly employs ...

Sri Lanka’s rupee opened at 299.55/75 to the US dollar in the spot market Wednesday, relatively flat against Tuesday’s close ...

Sri Lanka's central bank has made profits of 274 billion rupees, profit in 2024, with interest income from its bond portfolio ...

The International Monetary Fund on Tuesday offered to revise the terms of a $2.9 billion bailout loan to cash-strapped Sri Lanka, should the United States reinstate punitive tariffs on exports. The ...

Sri Lanka Mission Chief Evan Papageorgiou says Sri Lanka should restore cost-recovery electricity pricing as soon as possible ...

The central bank has asked the International Monetary Fund (IMF) for more time to establish the fund before removing the floor on Net International Reserves (NIR) or switching to the crawling peg ...

Local government elections are around the corner. Our President, the Leader of the Opposition and all political parties big and small are busy canvassing our very important vote. ..

The IMF discusses the impact of a new 44% tariff by the US on Sri Lankan exports, affecting apparel and rubber industries ...

Loan disbursement delay: Meeting IMF conditions would push Bangladesh into Sri Lanka like situation, fin adviser says The interim government is not desperate for loan disbursement from the ...

A public pursuit of better governance, as well as conditions set by an international lender, helps roll back an era of ...

We warn working people not to believe Amarasuriya’s promises. What she stated is exposed by JVP/NPP government’s six months ...

Pakistan has requested China to expand its currency swap line by 10 billion yuan ($1.4 billion), Finance Minister Muhammad ...