ECONOMYNEXT – Sri Lanka’s central bank has injected around 100 billion rupees against domestic assets through multiple liquidity tools by October 25 official data show, driving up excess money in the banking system to over 190 billion rupees. The central…
ECONOMYNEXT – Since the United States Embassy in Colombo issued a travel warning on Wednesday, many countries including the United Kingdom, Israel, Australia, and Russia have also asked their nationals to be more cautious in travelling to Sri Lanka. Sri…
ECONOMYNEXT — Sri Lanka has seen dramatic reversal in their views of the country’s direction following the September 21 presidential election, according to a poll by the Institute for Health Policy (IHP), an independent pollster. The IHP said in a…
ECONOMYNEXT – Israel has asked citizens to avoid non-essential travel to Sri Lanka, leave coastal tourist areas including Arugam Bay and stop overt displays of Hebrew language in clothes or other signs that could lead to identification. The warning came…
ECONOMYNEXT – A committee appointed to investigate lapses by criminal investigators and intelligence agencies leading to the Easter Sunday bombings has made a bombshell finding, clearing then-president Maithripala Sirisena of negligence. The report of the three-member panel, headed by retired…
ECONOMYNEXT – The level of uncertainty surrounding the global economic outlook remains elevated as change in governments could bring about significant shifts in trade and fiscal policy, the International Monetary Fund (IMF) said in its latest World Economic Outlook (WEO)…
ECONOMYEXT – A Sri Lanka–Indonesia Business Council (SLIBC) of the Ceylon Chamber of Commerce visited Indonesia and strengthened links with businesses in the two countries. “The missions’ primary aim was to strengthen trade, investment, and business ties between Sri Lanka…
ECONOMYNEXT – The Colombo Stock Exchange ended on a mixed note on Tuesday, data on its site showed. The broader All Share Index closed up 0.09 percent, or 11.47 points, at 12,257; while the more liquid S&P SL20 Index closed…
ECONOMYNEXT – Sri Lanka is projected to grow 4.4 percent in 2024 as the country emerges from an economic crisis but the recovery hinges on maintaining macroeconomic stability and continuing reforms, the World Bank said. “Sri Lanka’s recent economic stabilization,…
ECONOMYNEXT – A group of 17 Sri Lankan export companies have visited Melbourne, Australia to get a better understanding of the Australian market. The visit was organized by the Export Development Board, the Consulate General in Melbourne and the Sri…
