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Bad loans in Sri Lanka's banking sector have peaked, though there is an increase in specialized banks, and capital buffers have strengthened, by the December quarter of 2024, official data shows.
Sri Lanka saw 8.67 billion rupees ($28.7 million at 1 US dollar = 298 LKR) worth outflows from the government securities in ...
Foreign investors sold over 28 million dollars worth Sri Lanka government securities in the week on April 10, the Central Bank data showed, amid jittery after U.S. President Donald Trump’s reciprocal ...
Sri Lanka’s agricultural production in paddy, fish, coconut, tea and rubber declined in January-February, the central bank ...
Sri Lanka is considering energy imports and tariff reforms as part of efforts to address a 44 percent tariff imposed on the ...
Sri Lankans’ confidence in the stability of the financial system had improved from the second half of 2024, a Systemic Risk Survey (SRS) conducted by the central bank, before US President Donald Trump ...
Sri Lanka has sold 10 billion rupees of bonds offered on tap at the average rate set at an auction earlier this week, data ...
Former Sri Lankan President Ranil Wickremesinghe said Trump’s reciprocal tariff will pave the way for public support moving ...
Verité Research Sri Lanka, a Colombo-based think tank urged the Sri Lankan government and all others to forge a multilateral ...
Sri Lanka’s rupee was quoted at 298.10/30 to the US dollar in the spot market Friday, stronger from 298.50/299.50 Thursday, dealers said, while bond yields were up.
China will raise the additional tariffs on products imported from the United States to 125 percent, effective from April 12, the Chinese Embassy in Sri Lanka said, after the country's Customs Tariff ...
Sri Lanka has sold 23 billion rupees of treasury bills offered on tap at average rates of 7.59%, 7.91% and 8.31%, the state ...
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