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World GDP Forecasts Raised, but Evidence of US Slowdown Accumulates: Fitch Ratings

Sri Lanka, Sept. 10 -- Fitch Ratings has raised its world growth forecasts for 2025 moderately since the June Global Economic Outlook (GEO) on better-than-expected incoming data for 2Q25. But there is... Read More


Advocata Commends Decision to Close 33 Non-Operational SOEs & Calls for Divestiture as Next Step

Sri Lanka, Sept. 10 -- The Advocata Institute welcomes the decision by the Cabinet of Ministers, on the proposal of President Anura Kumara Dissanayake in his capacity as Minister of Finance, Economic ... Read More


Opinion: Why Smart Regulation, Not Prohibition, Will Protect Sri Lanka's Youth

Sri Lanka, Sept. 10 -- By Jithendra Antonio The recent firestorm surrounding e-cigarette use among Sri Lanka's youth has ignited a critical policy debate in Sri Lanka. So, what's really at stake here... Read More


Sri Lanka Can Move to a More Balanced Fiscal Policy, Says World Bank Public Finance Review

Sri Lanka, Sept. 9 -- Sri Lanka has made remarkable strides in stabilizing its economy, undertaking one of the largest fiscal adjustments in its history-equal to nearly 8 percent of GDP over three yea... Read More


Foreign Minister to address Human Rights Council Today

Sri Lanka, Sept. 8 -- Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath, who will lead the Sri Lanka delegation to the 60th Session of the Human Rights Council, will address t... Read More


United States and Sri Lanka Launch Multilateral PACIFIC ANGEL 25 Exercise

Sri Lanka, Sept. 8 -- Today, the United States and Sri Lanka officially launched PACIFIC ANGEL (Pac Angel) 25 at Katunayake Air Base, with U.S. Defense Attache Lt. Col. Matthew House joining Sri Lanka... Read More


Foreign Minister briefs the Colombo-based Diplomatic Corps on current developments

Sri Lanka, Sept. 3 -- Minister of Foreign Affairs, Foreign Employment & Tourism Vijitha Herath chaired a briefing for the members of the Colombo-based Diplomatic Corps at the Ministry on Tuesday, 02 S... Read More


Marco Polo Makes Its Grand Debut with Flagship Store at One Galle Face Mall

Sri Lanka, Sept. 3 -- Marco Polo, the premium modern casual wear brand inspired by the legendary explorer, has officially launched its flagship store at One Galle Face (OGF) Mall, Level 2, Shop No. 27... Read More


Sri Lanka's CIABOC Chairman Meets World Bank Officials on Strengthening Asset Recovery Framework

Sri Lanka, Sept. 3 -- The Chairman of the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) of Sri Lanka, Justice Neil Iddawala, met today with Laura Pop, Neha Maryam Zaigham, an... Read More


Godawaya Shipwreck Preservation Project Marks Milestone in US-SL Maritime Partnership

Sri Lanka, Sept. 3 -- U.S. Ambassador Julie Chung and Minister of Buddhasasana, Religious, and Cultural Affairs, Dr. Hiniduma Sunil Senevi, today inaugurated the Godawaya Shipwreck Exhibition at the B... Read More