News
T-bill yields remain broadly steady
3+ hour, 12+ min ago (463+ words) 08 Mar 2026 | " By Shenal Fernando Treasury bill (T-bill) yields remained broadly steady at the mid-week auction last week, marking a pause after six consecutive weeks of declines driven by extraordinary liquidity conditions." However, overall acceptance at the auction fell below 40%, reflecting…...
LKR may weaken 5%: First Capital
1+ day, 17+ hour ago (506+ words) 06 Mar 2026 | By Nethmi Rajawasam The Sri Lankan Rupee is projected to depreciate by 5% this year, with the possibility of further declining if external pressures and strain on the current account intensifies, as a consequence of ongoing global tensions, First Capital…...
Capitalism at crossroads
1+ week, 3+ day ago (793+ words) 25 Feb 2026 | BY Kushan Kanishka Kumarasinghe The contemporary world stands at the intersection of two historic crises. The first arises from the internal contradictions of capital accumulation. The second emerges from the rapid expansion of artificial intelligence (AI) within a system…...
CBSL projects moderate growth
2+ week, 5+ day ago (365+ words) 16 Feb 2026 | BY Sindy Fernando The Central Bank of Sri Lanka (CBSL), projected that the near-term economic growth would be moderate this year amid Cyclone Ditwah and global geopolitical tensions, providing insights towards the potential economic outlook, according to the recent…...
Chocolate prices surge ahead of Valentine’s Day amid global cocoa shortage
2+ week, 6+ day ago (613+ words) 15 Feb 2026 | BY Staff Writer Chocolate lovers are experiencing sticker shock this Valentine's Day. Consumer prices for chocolate have spiked 14.4% year-over-year during the January 1 to early February window, according to market intelligence firm Datasembly. That's a significant acceleration from the 7.8% price…...
Why SL needs revised debt restructuring post-Ditwah
1+ mon, 3+ week ago (1112+ words) 18 Jan 2026 | By Prof. Prasanna Perera IMF reports (2025) had projected public debt at 104.6% of Gross Domestic Product (GDP) by 2026, with external restructuring nearing completion. Gross Financing Needs (GFN) before the announcement of bankruptcy, from 2013 to 2022, were 23% of GDP, and this is…...
Sri Lanka’s ticking debt clock
1+ mon, 3+ week ago (1539+ words) 11 Jan 2026 | By Madhusha Thavapalakumar Sri Lanka's debt problem did not pause in 2022, nor does it begin anew in 2028. What happened instead was a restructuring of time. Through one of the longest sovereign debt workouts in modern history, the country deferred…...
Sri Lanka’s economy set for 4-5% growth this year - CBSL Governor
1+ mon, 4+ week ago (80+ words) Sri Lanka's economy set for 4-5% growth this year - CBSL Governor'The Morning 08 Jan 2026 | BY Staff Writer Sri Lanka's economy has been projected to grow by around 4 - 5% this year. This was confirmed by the Governor of the Central Bank of Sri Lanka…...
Sri Lanka clothing-footwear inflation rises to 4% in December
2+ mon, 2+ day ago (185+ words) The Colombo consumer price index (CCPI)-based year-on-year (YoY) headline inflation in Sri Lanka remained unchanged at 2.1 per cent in December last year, according to the country's Central Bank. This was primarily supported by the favourable statistical base effect, despite…...
Reduction in transport costs: Govt. mulls supply chain overhaul
2+ mon, 4+ day ago (242+ words) 04 Jan 2026 | By Kenolee Perera Discussions are underway on a new supply chain strategy aimed at improving transportation efficiency and reducing the cost of essential goods across the country, Deputy Minister of Trade, Commerce, and Food Security R.M. Jayawardana told The Sunday…...