Can Sri Lanka avoid another economic crisis? The economy is stabilising, but challenges remain. This opinion piece examines ...

Sri Lanka's consumer price inflation dropped to minus 2% year-on-year in December after easing to minus 1.7% in November, ...

While Hawala and Undial are not illegal in Sri Lanka, their lack of regulation has drawn concern due to risks of money laundering and terrorist financing. The Central Bank (CB) has highlighted issues ...

ECONOMYNEXT – Sri Lanka central bank’s net foreign assets rose to about 310 million US dollars in November 2024, official data show, as it bought foreign exchange outright through deflationary policy ...

In terms of Section 26(5) of the Central Bank of Sri Lanka Act, No. 16 of 2023 (CBA), if the Central Bank fails to meet the inflation target set out in the Monetary Policy Framework Agreement (MPFA) ...

ECONOMYNEXT – Sri Lanka’s central bank bank said its investigations have discovered 21 companies that were operating pyramid schemes. Pyramid schemes also known as multi-level marketing and direct ...

According to a recent report submitted by the Central Bank of Sri Lanka (CBSL), quarterly inflation is projected to reach the target range of 5% ±2% by the third quarter of 2025. This report, mandated ...

Central Bank of Sri Lanka has conducted investigations and determined “21” number of companies including the following Companies, that have engaged in a scheme prohibited under Section 83 (C) of the ...

Posts misidentify photographer as suicide bomber responsible for ex-Sri Lankan president’s assassination ...

The Nordic countries’ tallest tower, designed by Skidmore, Owings & Merrill, opens in stages, transforming the landscape of a ...

Bombings have scarred the face of the Strip. UNESCO reports that the damage, still being assessed, includes cultural heritage ...