An International Monetary Fund (IMF) team led by Evan Papageorgiou visited Colombo from April 3 to 11, 2025. After ...

The Proceeds of Crime Act introduces non-conviction based asset forfeiture and strengthens Sri Lanka’s legal tools for recovering illicit assets, including those held abroad.The law shifts the burden ...

President Trump announced he would impose a 125% tariff on China for retaliating against the U.S., while also announcing a 90 ...

By Jithendra Antonio The Hambantota Sinopec Oil Refinery - A Strategic Bet on the Future In the evolving landscape of global ...

Tariff revenues will help narrow the US budget deficit in 2025, but the hit to economic growth and additional tax cuts are ...

Sri Lanka's tourism industry shows robust performance in early 2025, with JanuaryMarch statistics revealing significant ...

Frontier markets such as Sri Lanka, Pakistan (Caa2 positive) and Bangladesh, which do not have the capacity to import as much ...

The Asian Development Bank’s (ADB) flagship economic publication, the Asian Development Outlook (ADO) April 2025, forecasts ...

The currencies of most major economies have appreciated against the US dollar since the start of 2025, despite the massive ...

Fitch Ratings has assigned Commercial Bank of Ceylon PLC's (COMB; AA-(lka)/Stable) proposed Sri Lankan rupee-denominated ...

Her Excellency Julie J. Chung, U.S. Ambassador to Sri Lanka “It is a proud moment to witness this partnership between ...

Port City Colombo participated as a Platinum Partner at the ‘Invest Sri Lanka’ Business Forum 2025, held on 3rd April, 2025 ...