10+ hour, 32+ min ago  (97+ words) Newswire Colombo inflation increases to 5. 5% in May The overall rate of inflation, as measured by the Colombo Consumer Price Index (CCPI) on a year-on-year basis, has increased to 5. 5% in May 2026. According to the Department of Census and Statistics, the figure…...

3+ day, 13+ hour ago  (238+ words) The Central Bank of Sri Lanka (CBSL) has stepped in with "small interventions" to counter excessive demand due to market speculation and smooth out sharp exchange rate fluctuations observed last week, Central Bank Governor Dr. Nandalal Weerasinghe said. Speaking on…...

1+ week, 11+ hour ago  (301+ words) President Anura Kumara Dissanayake has dismissed concerns of a 2022-style economic crisis, saying Sri Lanka is better prepared to withstand current external pressures linked to global geopolitical tensions. Speaking at the resumption of construction work on the Nindavur Cultural Centre…...

1+ week, 3+ day ago  (143+ words) Newswire Cabinet decides against Water Tariff Revision for first half of 2026 The Cabinet of Ministers has unanimously approved a proposal by the Minister of Water Supply and Drainage to maintain existing water tariffs without revision during the first six months…...

2+ week, 2+ day ago  (255+ words) Central Bank Governor Dr. Nandalal Weerasinghe says the present depreciation of the Sri Lankan Rupee is fundamentally different from the sharp fall in 2022, as this time, it is driven by global conditions rather than domestic mismanagement. He noted that in…...

3+ week, 4+ day ago  (103+ words) Sri Lanka's economy has not recovered since the 2019 currency crisis and subsequent International Monetary Fund (IMF) intervention, according to Steve H. Hanke, economics professor at Johns Hopkins University. In a post on "X', Hanke noted that until the crisis struck, Sri…...

1+ mon, 2+ week ago  (935+ words) Sri Lanka's industrial sector entered 2026 with renewed momentum, underpinned by a clear reform agenda, targeted infrastructure investments, and strong institutional coordination. The first quarter has been marked by decisive progress across policy, financing, industrial recovery, and international partnerships laying the…...

1+ mon, 4+ week ago  (683+ words) The Middle East war poses a greater risk to Bangladesh, Pakistan, and Sri Lanka, and to a lesser extent Laos, due to their high dependence on imported energy and limited reserve supplies, according to S&P Global Ratings. The agency…...

2+ mon, 3+ week ago  (128+ words) Pakistan has increased petrol and diesel prices by Rs55 per litre (around LKR 71) amid rising global oil prices and escalating tensions in the Gulf region. According to Pakistani media reports, the government approved the price hike following a high-level meeting chaired…...

3+ mon, 3+ day ago  (151+ words) The Department of Census and Statistics has released the Official Poverty Line figures for January 2026, revealing that an individual requires a minimum of Rs. 16, 730 per month to meet basic needs." According to the data, the highest cost of fulfilling basic…...