The Sri Lanka Export Development Board (EDB) has made an announcement to the Sri Lankan export community that the ‘Sri Lanka Expo 2026’, an international trade exhibition, will be organised with the primary objective of connecting local businesses with international buyers and investors. This major exhibition is scheduled to be held over four days from…
Reuters – Oil prices fell on Tuesday after hitting their highest level in more than three years in the prior session as U.S. President Donald Trump predicted the war in the Middle East could end soon, easing concerns about prolonged disruptions to global oil supplies. Brent futures fell $6.51, or 6.6%, to $92.45 a barrel…
SriLankan Airlines has announced that it will resume daily flights to Riyadh and Dubai following the suspension of regular flights amidst the on-going conflict in the Middle East. Accordingly, SriLankan Airlines will resume daily flights to Riyadh tonight (09) and to Dubai from tomorrow (10). It also noted that authorities will continue to closely monitor…
The Sri Lanka Export Development Board (EDB) recently convened a landmark gathering titled the “National Export Roadmap – The CEO Forum”, bringing together top executives and chief executive officers from the country’s leading institutions to brief them on the National Export Roadmap and chart a strategic course for the future of Sri Lanka’s export sector….
𝐂𝐁𝐒𝐋 𝐆𝐨𝐯𝐞𝐫𝐧𝐨𝐫 𝐨𝐧 𝐒𝐫𝐢 𝐋𝐚𝐧𝐤𝐚’𝐬 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐑𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞 | 𝐁𝐥𝐨𝐨𝐦𝐛𝐞𝐫𝐠 𝐈𝐧𝐭𝐞𝐫𝐯𝐢𝐞𝐰 In an interview with Bloomberg on 7 March 2026, Governor Dr. P. Nandalal Weerasinghe shared insights on Sri Lanka’s preparedness to navigate potential global economic shocks. He highlighted that Sri Lanka currently has sufficient policy buffers, including stronger foreign reserves and a flexible policy framework,…
Reuters – The escalating crisis in the Middle East has dramatically changed the outlook for global central banks, with the huge supply shock posing a difficult trade-off between underpinning growth and countering inflation. For emerging Asian central banks, cutting interest rates has become a risky bet not just because of the added price pressure from…
TTW Picks Best 50 Heritage Travel Destinations in the World for 2026 Travel and Tour World (TTW) has unveiled its new research, “50 heritage sites in the world for 2026,” highlighting the landmarks shaping the future of heritage tourism. Based on editorial research, historical significance, and the choices of 23 million readers, the list reflects the…
Sri Lanka’s economic resurgence is taking center stage as the nation prepares to host the Sri Lanka Investment Forum 2026. Backed by a foundation of stable macroeconomics and disciplined policy reform, the Board of Investment (BOI) will partner with the European Union, the Asian Development Bank, and UN ESCAP to be organized on 30th March…
The Iran conflict could raise additional challenges for some emerging market sovereigns, through such channels as energy imports, remittances, fiscal subsidies, exchange rates and access to international finance, Fitch Ratings says. Hydrocarbon exporters could see positive effects. Under our baseline, in which the effective closure of the Strait of Hormuz lasts less than a month…
BNN Bloomberg – Oil prices eclipsed US$100 per barrel for the first time in more than three and a half years Sunday as the Iran war hinders production and shipping in the Middle East. The price for a barrel of Brent crude, the international standard, was at $107.97 after trading resumed on the Chicago Mercantile…
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