Sri Lanka economy

Sri Lanka recovering but poverty enduring: World Bank

Crisis-hit Sri Lanka will return to growth this year, the World Bank said Tuesday, but around a quarter of the country's citizens will remain living in poverty

China reaffirms financial support for Sri Lanka

Sri Lanka's years-long economic crisis was high on the agenda during Gunawardena's trip, with China accounting for around 10 percent of the South Asian country's total foreign debt

Sri Lanka cuts key interest rates as economy rebounds

The Central Bank of Sri Lanka reduced its benchmark lending rate from 10 percent to 9.5 percent and the deposit rate from 9.0 to 8.5 percent

Crisis-hit Sri Lankan economy rebounds as tourists return

Number of tourists visiting jumped to 210,000 in December, it was 91,900 a year earlier

Sri Lanka raises taxes ahead of foreign debt deal

Sri Lanka slapped a new 18 % VAT on fuel, mobile phones and computers from Monday to raise revenue ahead of a foreign debt restructuring

Sri Lanka approves free tourist visa for seven countries

Tourists from China, India, Russia, Japan, Thailand, Indonesia, and Malaysia will be issued free visas till March 31, 2024

Sri Lanka inflation continues falling

It hit 0.8% in September down from 2.1% in August

Bangladesh has learnt a lot from Sri Lanka’s woes

Sri Lanka is generally known for its quality education, healthcare, natural beauty and even migration policies and practices. But in recent times, the island nation has made the headlines for all the wrong reasons.

Protest in Singapore’s Speakers' Corner against Rajapaksa draws audience of one

A last-minute protest at Speakers' Corner in Hong Lim Park on Saturday (July 16,2022) against Singapore's decision to let ousted Sri Lankan president Gotabaya Rajapaksa into the country drew an audience of one.

April 5, 2022
April 5, 2022

‘Bangladesh’s future shouldn’t be measured through Sri Lanka’s situation’

Planning Minister MA Mannan today said that measuring and assessing the economic future of Bangladesh through Sri Lanka’s ongoing financial crisis cannot be acceptable.

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