The collaboration brings together celebrity-led storytelling and Heritance’s distinctive hospitality to showcase Sri Lanka’s cultural and natural allure to Indian audiences. Heritance Hotels & Resorts has partnered with celebrity Sara Ali Khan to present the diverse allure of Sri Lanka to Indian audiences. Facilitated by Heritance Hotels & Resorts, the collaboration brings together travel, culture…
In a major initiative to highlight Sri Lanka’s expanding industrial capabilities, regional investment potential, and sustainable manufacturing ecosystem, the Board of Investment (BOI) of Sri Lanka collaborated with the Ministry of Foreign Affairs to host a 25-member diplomatic delegation on a three-day tour of the Eastern Province. The visit aimed to showcase the region’s cultural,…
A new study by the Institute of Policy Studies of Sri Lanka (IPS) highlights the significant contribution of Sri Lanka’s agrifood sector to the economy and identifies opportunities to drive export growth through high-value agriculture and agro-processing. The study finds that while primary agriculture accounts for 8.3% of Gross Domestic Product (GDP), the broader agrifood…
Reuters – Australian shares hit a more than three-month low on Thursday, with most sectors trading in negative territory, as a sharp rise in oil prices revived concerns that inflation could stay persistent and keep monetary policy tight. The S&P/ASX 200 index was down 1.2% at 8,658.10, as of 0010 GMT. The index fell as…
The inaugural day of the global “World CIO 200 Summit 2026,” bringing together Chief Information Officers (CIOs) and technology leaders spearheading digital transformation across public, enterprise, and social sectors, was held today (23) at Cinnamon Life, Colombo. Scheduled to run from September 23 to 25, the summit aims to position Sri Lanka as a global…
The Ceylon Chamber of Commerce is pleased to see the tangible results of the commitment and sustained efforts towards restoring Sri Lanka’s macroeconomic stability, reflected in Fitch Ratings’ decision to upgrade the country’s Long-Term Foreign-Currency Issuer Default Rating from ‘CCC+’ to ‘B-’, with a Stable Outlook. The upgrade is an important development in Sri Lanka’s economic…
The International Monetary Fund (IMF) says any fiscal support measures introduced by Sri Lanka amid elevated global commodity and fuel prices should be carefully costed, temporary and targeted, particularly towards vulnerable groups. IMF Mission Chief for Sri Lanka Evan Papageorgiou made the remarks at a press briefing in Colombo today (23), responding to a question…
Sri Lanka’s export sector has surpassed the US$ 12 Bn mark during the first eight months of 2026, with total exports reaching US$ 12.01 Bn, an increase of 4.26% compared with US$ 11.52 Bn recorded during the corresponding period of 2025. The growth reflects continued momentum in Sri Lanka’s export performance, with both merchandise and…
IMF Staff Team Concludes Visit to Sri Lanka IMF staff and the Sri Lankan authorities held productive discussions relating to the Seventh Review of the IMF’s Extended Fund Facility (EFF), and the 2026 Article IV Consultation. Discussions will continue in the near term toward reaching agreement on parameters and policies needed to conclude the Seventh…
The Sri Lankan economy has faced a series of external and internal shocks in recent years that weakened its long-term growth outlook. Despite defying post-crisis growth trajectories, fresh uncertainties from oil price shocks and climate-related risks suggest that the policy context to accelerate growth will be even more challenging. In this context, select policy recommendations…
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