Sri Lanka’s private credit from commercial banks has reached a record high of 262 billion rupees in November 2025, up from 246 billion rupees in […]
Month: January 2026
Sri Lanka Sees 14.8% Drop in December Tourism Revenue Following Survey Adjustments
According to the Central Bank of Sri Lanka, the country’s foreign exchange revenue from tourism in December 2025 experienced a 14.8% decline compared to the […]
Sri Lanka’s Worker Remittances Surge 43.2% to Achieve Record High in December 2025
According to data from the central bank, Sri Lanka’s official remittances surged by 43.2% to reach a record monthly high of US$879.1 million in December […]
Marriott Bonvoy Secures Major ICC Partnership, Featuring Sri Lanka’s T20 World Cup
Marriott Bonvoy and the International Cricket Council (ICC) have entered into a strategic partnership, designating Marriott International’s acclaimed travel platform as the Official Accommodation Partner […]
Sri Lanka Achieves Historic Milestone with Worker Remittances Exceeding USD 8 Billion in 2025
Sri Lanka has achieved a significant milestone as its annual Workers’ Remittances (Inflows) surpassed the USD 8 billion mark for the first time in history […]
U.S. Strike on Venezuela Sends Ripples Through Global Markets, but Oil Impact Seen as Limited
A large-scale U.S. military strike on Venezuela in early January 2026 has heightened geopolitical tensions, triggered safe-haven flows in financial markets, and renewed debate over […]
Remittances Power Sri Lanka’s External Flows as Tourism Revenue Falters
Sri Lanka’s external sector in 2025 was increasingly underpinned by workers’ remittances, which surged to record levels, even as foreign tourism revenue lagged behind growth […]
Cyclone Aid, Viral Videos, and Why Mistrust Travels Faster Than Facts
A viral video alleging misuse of cyclone aid has circulated rapidly, highlighting the fragility of public trust in Sri Lanka. Clarifications and corrections have followed, […]
Tourist Arrivals Are Up – But Is Sri Lanka Recovering or Just Counting Heads?
Sri Lanka recorded a 4.2% increase in tourist arrivals in December 2025, a figure widely cited as evidence of economic recovery. The narrative is simple […]
USD 50 Million for Digital Reform: When Technology Runs Ahead of Institutions
The World Bank’s approval of a USD 50 million grant for Sri Lanka’s digital transformation has been greeted with enthusiasm from government spokespeople, development partners, […]
Stocks Rise, Foreigners Stay Cautious: Reading Too Much Into a Market Bounce
The Colombo Stock Exchange has registered modest gains, largely driven by domestic buying. Analysts have framed this as a revival of investor confidence. The reality […]
US Navy Helicopters to Sri Lanka: Capability Upgrade or Strategic Optics?
The announcement that the United States Navy will transfer surplus TH-57 Sea Ranger helicopters to the Sri Lanka Air Force has been presented as a […]
Sri Lanka Central Bank Acquires $250 Million Amidst Rupee Depreciation in December
FINANCIAL CHRONICLE – In December 2025, Sri Lanka’s central bank purchased 250.8 million US dollars from the public, while selling back 28.3 million dollars, according […]
Five Policy Imperatives for Resilient Economic Recovery in Sri Lanka Post–Cyclone Ditwah
One of the defining trends in modern economic history is that debt defaults and external shocks have devastating and long-lasting economic effects, which are often amplified by […]
Julie Chung’s Impact: Navigating U.S.-Sri Lanka Relations Through Turbulent Times
Julie Chung, the U.S. Ambassador to Sri Lanka, is set to depart next week after a notable tenure of nearly four years, leaving behind a […]
Sri Lankan Rupee Strengthens as Bond Yields Remain Steady
FINANCIAL CHRONICLE – On Friday, Sri Lanka’s rupee strengthened in the spot market, closing at 309.00/30 against the US dollar, compared to the previous day’s […]
Turkish Airlines Elevates Colombo Route with State-of-the-Art A350-900 Aircraft
FINANCIAL CHRONICLE – Turkish Airlines, Turkey’s national airline, has upgraded its Istanbul to Colombo route by introducing the long-range, wide-body twin-engine A350-900 aircraft, replacing the […]