The revenue collected by Sri Lanka Customs has surpassed the target set for the first 22 days of January, according to official data. The revenue […]
Category: Economy
Coverage of macroeconomic trends, fiscal and monetary policy, public finance, inflation, debt, and structural reforms impacting the national economy.
Sri Lanka Central Bank to Release Inflation Report Following Return to Pre-1980s Stability
The Central Bank of Sri Lanka is poised to present a report detailing its achievement of maintaining inflation below 2 percent during the first and […]
Sri Lanka Projects Rs904 Billion Revenue from Vehicle Imports in 2025
FINANCIAL CHRONICLE – Sri Lanka has generated 904 billion rupees from vehicle imports in 2025, significantly exceeding the initially anticipated 441 billion rupees, according to […]
Sri Lankan Cabinet Amends Pension Rights for Enhanced Clarity
FINANCIAL CHRONICLE – The Sri Lankan Cabinet of Ministers has revised the provisions related to the pension rights of government officers recruited after January 1, […]
Sri Lanka Revises Gem Border Tax to Reclaim Status as Global Trade Hub
Sri Lanka is revising the basis for imposing value-added tax (VAT) on imported rough stones to revive its gem trade, which has shifted to Thailand, […]
Sri Lanka Treasury Bill Yields Rise, Disrupting Previous Rate Stability
Sri Lanka’s Treasury bill yields have experienced a slight increase, disrupting the unusually flat and compressed rates observed across various tenures over recent months. This […]
Latest official data for Sri Lanka’s foreign exchange reserves.
a) Gross Official Foreign Reserves Sri Lanka’s gross official reserves — the total stock held by the Central Bank of Sri Lanka (CBSL) including foreign […]
Sri Lanka’s Service Sector Sees December 2025 Growth, Boosted by Wholesale and Retail Trade: PMI Analysis
Sri Lanka’s services sector activities saw expansion in December 2025, as indicated by the Purchasing Managers Index compiled by the Central Bank, which recorded an […]
Trump Imposes 25% Tariff on Six European Nations, Including Denmark and UK, Over Greenland Dispute
FINANCIAL CHRONICLE – U.S. President Donald Trump announced that Denmark and seven other European nations will face a 10 percent tariff starting February, which will […]
Sri Lanka Seeks Accelerated ADB Credit Approval for Ditwah Project
Sri Lanka is currently negotiating with the Asian Development Bank (ADB) for the early release of a proposed loan scheme, initially scheduled for later this […]
Sri Lanka Regulator Alerts Public to Unlicensed Deposit Activities by RD Media Earning Hub
The Central Bank of Sri Lanka has issued a warning regarding unauthorized deposit-taking activities by RD Media Earning Hub (Pvt) Ltd. Following an investigation under […]
Sri Lanka’s Manufacturing Sector Surges in December 2025 Driven by Seasonal Demand: PMI Report
In December, Sri Lanka’s manufacturing sector experienced growth, achieving a Purchasing Managers Index (PMI) value of 60.9, as reported by the central bank. This expansion […]
Sri Lanka’s Central Bank Reserves Decline as Swaps Increase Ahead of Cyclone
Sri Lanka’s central bank reported a decline in foreign exchange reserves, net of swaps, to USD 2,298 million in November 2025, down from USD 2,533 […]
Sri Lankan Business Chambers Present Strategic Proposals for National Electricity Policy
FINANCIAL CHRONICLE – Sri Lanka’s industry organizations have submitted their feedback on a draft national electricity policy, responding to a government call for written proposals. […]
IMF Delegation to Evaluate Cyclone Impact and Resume EFF in Sri Lanka
The International Monetary Fund (IMF) will dispatch a team to Sri Lanka from January 22 to 28 to evaluate the impact of Cyclone Ditwah, which […]
Sri Lanka’s Debt Deepens as IMF Rescue Falls Short of Expectations
Colombo, Sri Lanka – Nearly four years after Sri Lanka entered into its much-publicised International Monetary Fund (IMF) programme, fresh data on public debt and […]
CHEC Announces Additional $300 Million Investment in Sri Lanka’s Port City
CHEC Port City Colombo (Pvt) Ltd, a subsidiary of China Harbour Engineering Corporation, has announced an additional investment of $300 million in the reclaimed special […]
Sri Lanka Customs Reaches 66% of January Revenue Target in Just 13 Days
According to official data, revenue collected by Sri Lanka Customs in the first 13 days of January has already surpassed 66 percent of the monthly […]