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Major Currencies Strengthen Against US Dollar Despite Tariffs: Fitch Ratings

Sri Lanka, April 9 -- The currencies of most major economies have appreciated against the US dollar since the start of 2025, despite the massive jump in US tariffs, Fitch Ratings says in its new FX Ma... Read More


Sri Lanka's growth recovery exceeded expectations but remains fragile

Sri Lanka, April 9 -- The Asian Development Bank's (ADB) flagship economic publication, the Asian Development Outlook (ADO) April 2025, forecasts Sri Lanka's recovery to continue at a moderate growth ... Read More


Sri Lanka launches the new National Anti-Corruption action plan

Sri Lanka, April 9 -- The Commission to Investigate Allegations of Bribery and Corruption (CIABOC) has officially launched the National Anti-Corruption Action Plan (NACAP) 2025-2029 today, as a strate... Read More


Sri Lanka's Import Constraints From US Threaten Economic Growth Outlook: Moody's

Sri Lanka, April 9 -- Frontier markets such as Sri Lanka, Pakistan (Caa2 positive) and Bangladesh, which do not have the capacity to import as much from the US and whose current account balances are r... Read More


Port City Colombo Champions 'Invest Sri Lanka' Forum 2025 In Thailand As Official Partner

Sri Lanka, April 8 -- Port City Colombo participated as a Platinum Partner at the 'Invest Sri Lanka' Business Forum 2025, held on 3rd April, 2025 in Bangkok, Thailand. The event was organised by the E... Read More


NSBM Green University partners with American University, USA

Sri Lanka, April 8 -- Her Excellency Julie J. Chung, U.S. Ambassador to Sri Lanka "It is a proud moment to witness this partnership between American University and NSBM Green University-a powerful re... Read More


Fitch Rates Commercial Bank's Proposed Basel III Subordinated Green Bond 'A(EXP)(lka)'

Sri Lanka, April 8 -- Fitch Ratings has assigned Commercial Bank of Ceylon PLC's (COMB; AA-(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated green bonds of up to LKR... Read More


Ripple Effects: How US Trade Policies Cast a Long Shadow Over Sri Lanka and Beyond

Sri Lanka, April 7 -- By Uddeepa Peiris MBA, PDGBA, Bcom(Sp), RIA, ACPM, CMA (Passed Finalist),ASA (CPA) Introduction In an interconnected global economy, the trade policies of major powers like the... Read More


CEAT's share in Sri Lanka's Original Equipment tyre market tops 90-pct

Sri Lanka, April 7 -- Six years after it entered into its first Original Equipment Manufacturer (OEM) partnership in Sri Lanka, CEAT Kelani Holdings has grown into a significant contributor of value a... Read More


Sri Lanka, IMF Discuss EFF Progress, US Tariff Impact

Sri Lanka, April 7 -- A meeting between President Anura Kumara Disanayake and an International Monetary Fund (IMF) delegation concluded successfully today, April 7, 2025, at the Presidential Secretari... Read More