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Adaderana Biz English | Sri Lanka Business News - Sri Lanka's 24x7 ...
Adaderana Biz English | Sri Lanka Business News - Sri Lanka's 24x7 ...
President Invites Exporters to Rise Again from the Strong …
1 天前 · President Anura Kumar Disanayake invited Sri Lankan exporters to rebuild and thrive on a robust economic foundation. The President emphasized that our country faces the challenge of capturing market share from a position of relative weakness. He pointed out that, to overcome this, external support had to be sought. In this regard, he highlighted that...
Sri Lanka records highest ever export revenue of USD16.17 bn in …
2025年1月27日 · The latest report from the Sri Lanka Export Development Board reveals that the country achieved a record-breaking total export revenue of US$ 16.17 billion in 2024. This marks the highest export earnings in Sri Lanka’s history, surpassing the previous peak of US$ 15.72 billion recorded in 2018. The 2024 figure comprises US$ 12.70 billion from...
Sri Lanka's Economy Stabilized; Continued Reforms Critical to …
2024年10月10日 · Sri Lanka’s economy has stabilized, with growth expected to reach 4.4 percent in 2024, surpassing earlier forecasts. This positive outlook follows four consecutive quarters of growth driven by the industrial and tourism sectors and supported by critical structural and policy reforms, says the World Bank. Released today, the World Bank’s bi-annual Sri Lanka Development Update, titled Opening...
Adaderana Biz English | Sri Lanka Business News - Page 3 of 3682
6 天之前 · Sri Lanka launches its first-ever Conference Ambassador Programme. A groundbreaking national initiative by Cinnamon Hotels & Resorts, Sri Lanka Convention Bureau and SriLankan Airlines Sri Lanka today marked a significant milestone in its journey to becoming a premier destination for international conferences with the launch of the Sri Lanka Conference Ambassador Programme (SLCAP).
Sri Lanka’s Official Reserves reach USD 6.0 bn in August
2024年9月27日 · The merchandise trade deficit widened during the eight months ending August 2024 (provisional) compared to the same period in 2023, driven by a larger expansion in import expenditure relative to export earnings. Earnings from tourism and workers’ remittances improved during this period, strengthening the external current account. Meanwhile, despite intermittent volatility, the Sri Lanka rupee...
Government Allocates Record-High Budget for Capital Expenditure
2025年1月30日 · Several decisions by the government to facilitate investors A nation cannot progress without a transformative shift in public attitudes. Economic resources and opportunities must be introduced at the village level. Plans to prepare Sri Lanka for a transformation in Southeast Asia Moving from an individual-targeted aid approach to a community empowerment model Companies unable to...
China, Sri Lanka agree more investment and economic cooperation
2025年1月16日 · Reuters – China and Sri Lanka agreed on more investment and economic cooperation on Wednesday as China’s President Xi Jinping met recently-elected Sri Lankan President Anura Kumara Dissanayake in Beijing. The countries signed 15 cooperation documents, including agreements on economic and technological development and aligning China’s ‘Belt and Road Initiative’ with Sri Lanka’s 2030 ...
Business Sentiment: Confidence at a 10 year high
2025年1月27日 · The index soars for the fourth consecutive month as economic indicators strengthen Recent upgrades by international rating agencies and healthy economic indicators have ignited a wave of optimism about biz prospects. Moody’s Ratings upgraded Sri Lanka’s long-term foreign currency issuer rating from ‘Ca’ to ‘Caa1’ with a stable outlook, after creditors approved the country’s US$...
Sri Lanka holds rates steady, sees rosy inflation, growth outlook
2024年9月27日 · Reuters – Sri Lanka’s central bank kept interest rates unchanged on Friday in line with expectations, citing domestic and global uncertainties, but said inflation was likely to remain low and the economy was doing much better than initially expected. The Central Bank of Sri Lanka (CBSL) kept the Standing Deposit Facility Rate at 8.25% and...