Sri Lanka's exports pass US$12 billion in eight months, but the annual target is pulling away
EDB says exports reached US$12.01bn in January-August, up 4.26%. Services outgrew goods again, while the pace needed to hit the US$19bn target rose.
EDB says exports reached US$12.01bn in January-August, up 4.26%. Services outgrew goods again, while the pace needed to hit the US$19bn target rose.
IMF staff conclude Seventh Review and Article IV talks without a staff-level deal, praising 4.2% growth but flagging tax and anti-corruption gaps.
Sri Lanka's agricultural productivity grew 0.3% a year from 2011-2023 against 1.6% across South Asia, an IPS analysis finds, urging agro-processing.
A night inspection at Bastian Mawatha found 39 of 59 buses needing maintenance orders, targeting operators that avoid daytime checks.
Chamber letter to the President says September 11 directives scrapping net metering threaten 20,000 jobs and warns of a 450 MWh shortfall by early 2027.
Kosala Wickramasinghe says Sri Lanka filled only 2,000 of 12,000 agricultural placements, and rejects claims that private agencies are absorbing Israel quotas.
The Land Development Corporation will buy Rs. 1.23bn of small-scale machinery for canal clearing, with Rs. 625m from the Treasury as an equity contribution.
Shipments reached 166.3 million kg by end-August, down from 174.2 million kg, with dollar earnings falling to $948 million despite steady rupee revenue.
The debt office sold Rs. 30.12bn of 91-day bills against a Rs. 20bn offer, shifting Rs. 10.12bn out of the longer maturities to fill its target.
A UNFPA analyst cited 2024 census data showing 86 percent migrated for employment, and said the aim should be choice rather than stopping the brain drain.
German firm Muhlbauer ID Services won the tender for pre-printed NIC blanks after eight international bids, on a proposal from President Dissanayake.
Fitch affirms CEAT Kelani at AA+(lka) for sixth year with Stable Outlook. Market leader faces margin pressure from raw materials and energy costs.
ASPI rises 0.36% to 21,054.01 on Fitch's sovereign upgrade to 'B-'. Afternoon rally recovers Monday's losses on thin Colombo bourse turnover.
The research house says lagged effects of the May 2026 tightening are weighing on consumption and investment, and that slower growth argues for a policy pause.
Fitch lifted Sri Lanka's sovereign rating out of the CCC range on fiscal and external gains, putting it a notch above S&P and Moody's.
Food inflation at 8.5% as crop damage and shipping risks sustain pressure to year-end. First Capital warns weather impacts continue into 2027.
China Petroleum Pipeline Engineering wins $40.84m contract to build 92,000 m³ jet fuel tank farm and pipeline to BIA, two years after Cabinet approval.
The 45-year-old commodity importer's new Canal Road mill adds colour-sorting and a QC lab, and aims to source orid dhal from Sri Lankan farmers.
The SLBFE says 133 construction workers depart on 23 September. Tickets went to 133 construction and 17 infrastructure workers at a 14 September programme.
August registrations dropped to 45,569 units as tighter loan limits and an extended import surcharge bit, with hybrids overtaking EVs in SUVs.
The single-window centre for investors is headed by former Customs Director General Seevali Arukgoda and sits at Hector Kobbekaduwa Mawatha, Colombo 7.
More than 300 international and 100 Sri Lankan participants will meet at the Grand Kandyan Hotel for four days on snakebite treatment and snake conservation.
The Russian flag carrier stopped the route on 17 May for the low season. It returns with two flights a week, timed for the winter travel season.
Addressing a rally in Akuressa, the President pledged tax removals, 1,000 communication towers, Grade Six education reform and an electric train project for