The overall rate of inflation as measured by the CCPI on Y-on-Y basis is 2.3% in January 2025 and Y-on-Y inflation calculated for the month of December 2025 was 2.1%. The Y-on-Y inflation of Food Group increased to 3.3% in January 2026 from 3.0% in December 2025 and the Y-on-Y inflation of Non Food Group remained…
The Bank of Ceylon (BOC) marked the listing of its inaugural Basel III–compliant Tier II Sustainability Bond with a bell ringing ceremony at the Colombo Stock Exchange, formally recognizing the largest sustainability bond issuance ever undertaken in Sri Lankan history and the first by a state-owned bank. The ceremony, was attended by the Chairman, members…
Lord Marland of Odstock, Chairman of the Commonwealth Enterprise and Investment Council (CWEIC), will undertake an official visit to Sri Lanka on February 9th and 10th, 2026. The visit underscores the CWEIC’s commitment to supporting Sri Lanka’s economic trajectory and fostering deeper integration within the Commonwealth’s global trade network. During his two-day mission, Lord Marland…
New Brand Finance data shows Sri Lanka gaining ground globally as a recommended destination to invest in, work in, and visit, while retaining its distinctive strength in tourism and culture • ‘Ease of doing business in and with’: Sri Lanka ranks 79th globally, signaling growing confidence in its regulatory environment • Tourism perceptions strengthen: Sri Lanka rises…
By Priyanka Jayawardena, Research Economist, Institute of Policy Studies of Sri Lanka (IPS) Non-communicable diseases (NCDs) accounting for nearly 75% of all deaths, have emerged as a major health challenge in Sri Lanka over the past few decades. Unhealthy dietary patterns – including excessive intake of sugar, salt, and fats – continue to play a…
(Reuters) – The head of Indonesia Stock Exchange resigned on Friday after index provider MSCI flagged a possible downgrade to “frontier” market status, triggering a more than $80 billion market rout. The benchmark Jakarta Composite Index, opens new tab was trading flat a day after authorities announced measures to address MSCI’s concerns and ease investor…
(Reuters) – Indonesian authorities scrambled on Thursday to arrest a flight of capital from the stock market, rolling out measures to counter the risk of a downgrade to frontier-market status that prompted a selloff of more than 8% in just two days. The rout, which erased about $80 billion in market value, came after index provider MSCI…
(Reuters) – U.S. President Donald Trump on Thursday threatened new tariffs on countries supplying oil to Cuba, escalating a pressure campaign against the Communist-run island. The move, authorized by an executive order under a national emergency declaration, did not specify any tariff rates or single out any countries whose products could face U.S. tariffs. Emboldened…
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), is due to visit Colombo next month to review the progress of Sri Lanka’s IMF-supported programme and to express solidarity with the country following recent natural disasters, IMF Asia and Pacific Department Director Krishna Srinivasan said. Speaking during a meeting with President Anura Kumara Dissanayake…
National Development Bank PLC stated that the Bank has further strengthened its strategic partnership with the International Finance Corporation, a member of the World Bank Group, on three (3) distinct fronts, to support its journey forward as an impactful contributor to Sri Lanka’s banking and financial services landscape. The relationship between NDB and IFC, which…
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