Sri Lanka's economy will grow by 4.5% this year, the central bank said in a monetary policy report on Friday, despite some ...

Sri Lanka is aiming for a fivefold growth in its digital economy over the next five years, with AI an essential element of ...

Sri Lanka's budget expenditure will exceed a record 6.5 trillion rupees ($19.8 billion) in 2024, an increase of 12% when compared with the previous year, according to the preliminary budget figures.

COLOMBO (Reuters) -Sri Lanka's central bank cut interest rates by 25 basis points on Wednesday in a surprise decision aimed at spurring economic recovery following the country's worst financial ...

Sri Lanka's first Marxist president, Anura Kumara Dissanayake, is turning to casinos to attract wealthy tourists from India ...

COLOMBO (Reuters) - Sri Lanka's central bank kept its key policy rate unchanged for a second consecutive meeting on Wednesday to underpin the island nation's economic recovery from its worst ...

In Brief In April 2022, Sri Lanka faced protests over scarcity of essentials, chaotic resignations, a first-ever sovereign debt default and began bailout talks with the IMF. Though improvements have ...

In 2001, despite achieving a 6 percent GDP growth rate in 2000, Sri Lanka’s economy encountered significant fiscal challenges.

In the bustling streets of Colombo, a small garment manufacturer still conducts most transactions in cash, despite owning a ...

Sri Lanka’s digital finance sector is experiencing unprecedented growth, and the ground-breaking Finnovation Lab program is offering 200 university students nationwide the opportunity of a lifetime. .

Sri Lanka's economy grew by 1.6% in the quarter from July to September, official data showed on Friday, as the country claws its way back from its worst financial crisis in more than seven decades ...