PLC reported a profit of 2.63 billion rupees for the three months ended 31 March 2026, a 31 percent increase from the 2.01 billion rupees recorded in the same period the previous year. The group ...
ECONOMYNEXT – Sri Lanka Customs exceeded its monthly target for a fifth consecutive month, achieving the May target before the end of the month, official data showed. Customs’ May revenue target was ...
Sri Lanka’s construction sector activity declined in April 2026 amidst rising raw material costs and labour shortages, registering an index value of 45.7, according to a Purchasing Managers Index ...
Sri Lanka’s overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI), rose to 27-month high of 5.5 percent in May 2026, near the Central Bank’s upper inflation target rate, ...
Sri Lanka’s tighter macroprudential restrictions on vehicle and gold-backed lending will benefit lenders’ risk profiles, ...
ECONOMYNEXT – Foreign investors sold around US$22.5 million worth of Sri Lanka government securities in the week ended May 27, Central Bank data showed, despite easing depreciation fears for the local ...
Sri Lanka’s monthly oil import bill surged by 149.9 percent to US$ 886 million in April due to buying fuel at a higher cost following the Middle Eastern escalation, the Central Bank data showed. The ...
ECONOMYNEXT – Sri Lanka’s rupee closed at 328.50/332.00 to the US dollar in the spot market on Wednesday, weaker from 324.00/325.50 the previous day, dealers said, while bond yields closed up. The ...
ECONOMYNEXT – Sri Lanka has sold all offered 240 billion rupees in 2030, 2033 and 2035 bonds, data from the public debt management office showed. All offered 90 billion rupees of 01 August 2030 ...
ECONOMYNEXT – The country’s banking sector is stable and secure despite recent financial fraud incidents, the Sri Lanka Banks’ Association (SLBA) has said, adding that these do not pose a threat to ...
ECONOMYNEXT – Panicked importers had bought dollars at prices as high as 380 to 400 especially in the forward market in the recent period of uncertainty in the forex markets, Central Bank Governor ...
A team of 20 legislators and 4 parliament officials are participating in a Workshop for Members of Parliament of Sri Lanka ...
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