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Fitch Upgrades Sri Lanka to 'B-' from 'CCC+'; Outlook Stable

Srilanka, Sept. 22 -- Fitch Ratings has upgraded Sri Lanka's Long-Term Issuer Default Ratings (IDRs) to from 'CCC+'. The Outlook is Stable. The upgrade reflects the implementation of macro-stabilizat... Read More


Supreme Court Mandates Referendum for Strict Bail Restrictions Under Anti-Corruption Bill

Srilanka, Sept. 22 -- In a major constitutional determination announced in Parliament today by Speaker Jagath Wickramaratne, the Supreme Court of Sri Lanka ruled that key provisions of the proposed An... Read More


Supreme Court Clears 22nd Amendment Without Referendum, Exempts Incumbent CJ from 6-Year Term Limit

Srilanka, Sept. 22 -- The Supreme Court of Sri Lanka has determined that the proposed 22nd Amendment to the Constitution Bill and the Judicature Amendment Bill do not violate core constitutional provi... Read More


CBSL Governor: Reserve accumulation must be backed by sound fundamentals

Srilanka, Sept. 21 -- Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe has said reserve accumulation cannot be viewed in isolation from the broader macroeconomic policy framework, st... Read More


Strengthening Ports and Logistics to Drive Sri Lanka's Export Growth under NEDP 2026-2030

Srilanka, Sept. 21 -- A high-level discussion on the implementation of the National Export Development Plan (NEDP) 2026-2030 was successfully held at the Ministry of Ports and Civil Aviation on 15th S... Read More


Sri Lanka's services boom offsets manufacturing slowdown as PMI data shows uneven August recovery

Srilanka, Sept. 21 -- Sri Lanka's economy sent a mixed but broadly positive signal in August, as new Central Bank data show services activity accelerating sharply even as manufacturing growth lost mom... Read More


World Bank mobilizes record USD112 Bn in private capital, with lessons for economies like Sri Lanka

Srilanka, Sept. 21 -- The World Bank Group has pulled in more private capital this year than at any point in its history, a shift that carries real relevance for import-reliant, foreign-exchange-const... Read More


HIP Hosts National Oil Spill Contingency Plan Workshop led by MEPA

Srilanka, Sept. 20 -- Hambantota International Port (HIP) recently hosted the National Oil Spill Contingency Plan Workshop, bringing together nearly 100 representatives from key public and private sec... Read More


Foreign Minister's Visit to Thailand opens up 10,000 employment opportunities for Sri Lankans

Sri Lanka, Sept. 18 -- Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath concluded his official visit to Thailand from 14 to 16 September 2026, following an invitation from th... Read More


CFA Society Sri Lanka Brings Academia and Industry Together to Shape Future Finance and Investment Talent

Srilanka, Sept. 17 -- CFA Society Sri Lanka recently hosted a high-level industry academia dialogue on "Developing the Next Generation of Finance and Investment Talent in Sri Lanka," bringing together... Read More