(Reuters) – Sri Lanka’s central bank is expected to maintain its key interest rate at 7.75% on Wednesday, a Reuters poll found, as an International Monetary Fund delegation reviews the sixth tranche of a crucial $2.9 billion package. The poll of a dozen economists unanimously forecast no change to the benchmark overnight policy rate, citing…
Sri Lanka’s exports of apparel and made-up textile articles (HS Chapters 61, 62 and 63) rose to US$447.21 million in December 2025, up 5.43% from US$424.18 million in December 2024, according to industry export statistics. Growth was recorded across the three main destination markets. Exports to the USA increased 6.49% year-on-year to US$178.29 million (from…
The Colombo Stock Exchange (CSE) recorded mixed performance today (26), with the two main indices moving in opposite directions. The All Share Price Index (ASPI) declined marginally by 3.42 points (-0.01%), while the S&P SL20 Index gained 13.62 points (+0.20%) during the day’s trading. In early trading, the ASPI crossed the 24,000-point level on several…
Sri Lanka’s export sector continued its positive growth momentum in 2025, recording a notable y-o-y growth of 5.6 %. Based on Sri Lanka Customs statistics and estimated export figures for Gems and Jewellery, Petroleum Products, and services, total export earnings reached US$ 17,252.15 Mn in 2025, reflecting sustained growth and improving external trade conditions. In…
Ambeon Capital PLC has entered into an agreement to acquire a controlling stake in Harischandra Mills PLC through its subsidiary, Ambeon Essentials (Private) Limited. In a market disclosure to the Colombo Stock Exchange, the company said it signed a Share Sale and Purchase Agreement (SSPA) on 24 January 2026 to acquire 981,118 ordinary voting shares,…
A large number of families have lost their homes and properties and were displaced due to the disaster caused by the “Ditwah” cyclone. In response, the Government has launched the Rebuilding Sri Lanka programme aimed at restoring lives of the impacted communities and rebuilding the country. Under the Rebuilding Sri Lanka programme, a housing construction…
First Capital Investor Symposium explores Sri Lanka’s economic outlook for 2026 First Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a pioneering leader in Sri Lanka’s investment landscape, successfully hosted the highly anticipated 12th Edition of its First Capital Investor Symposium on 22nd January, at Cinnamon Life, Colombo. During the Symposium, First Capital…
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, hosted an event to mark the ICC Men’s T20 Cricket World Cup 2026, bringing together stakeholders and cricket enthusiasts as Sri Lanka looks ahead to one of the world’s most anticipated sporting events. Over the years, Dialog has played an enduring role in supporting sport in Sri…
(Reuters) – Gold surged to a record high above $5,000 an ounce on Monday, extending a historic rally as investors piled into the safe-haven asset amid rising geopolitical uncertainties.Spot gold rose 1.79% to $5,071.96 per ounce by 0159 GMT, after touching $5,085.50 earlier. U.S. gold futures for February delivery gained 1.79% to $5,068.70 per ounce. The…
Reinforcing its longstanding commitment to Sri Lanka’s private sector, the International Finance Corporation (IFC), a member of the World Bank Group, today announced a high-impact investment program of $166 million to support Sri Lankan businesses and accelerate the country’s transition from economic stabilization to sustainable growth. This comprehensive country-level financing package aims to expand financial…
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