In the modern global economy, oil is more than a commodity; it is a macroeconomic force that shapes inflation, trade balances, fiscal stability, and the pace of global growth. For Sri Lanka, the ...

The supply shock in the commodity market directly affects 39.3% of imports of Sri Lanka, or USD 8.3 Bn, across 951 products. The price shock extends beyond petroleum and petrochemicals to nitrogenous ...

The International Monetary Fund (IMF) has confirmed that a staff team led by Mission Chief Evan Papageorgiou will visit Colombo from March 26 to April 9, 2026. This mission is designed to facilitate ...

As Chairman of the Joint Apparel Association Forum, I believe the task before us is clear: Sri Lanka must move with greater purpose toward the long-discussed ambition of becoming a US$8 billion ...

The Sri Lanka Banks’ Association (SLBA) has assured the public that banks will continue to operate on all five weekdays as an essential service, despite the temporary measures introduced to conserve ...

With nearly 80% of global oil trade priced in US dollars, any shift toward a petro-yuan framework could trigger volatility across currency, bond and stock markets. Experts warn the move could weaken ...

In a critical response to Sri Lanka’s escalating fuel shortages driven by Middle East tensions and QR rationing, Export Development Board (EDB) Chairman Mangala Wijesinghe has highlighted a priority ...

Reinforcing its commitment to advancing measurable production standards across Sri Lanka’s poultry value chain, G P Farms ...

Sri Lanka’s macrofinancial conditions strengthened throughout 2025, fueling a major expansion in credit despite persistent external vulnerabilities. According to recent year-end data, the financial ...

The Sri Lanka Export Development Board (EDB) has made an announcement to the Sri Lankan export community that the ‘Sri Lanka ...

As a country firmly committed to the sovereignty and territorial integrity of all states, Sri Lanka calls on all parties to respect these age-old principles, to exercise maximum restraint, and to ...

If all continues as planned, Kalo will follow that path in 2029. meaningful environmental and wildlife conservation impact. “We are delighted to embark on the CarePhant project and become stewards of ...