Sri Lanka Credit Rating Upgraded to ‘CCC+’ by Fitch Ratings: A Turning Point for the Economy

Sri Lanka’s credit rating upgraded to ‘CCC+’ by Fitch, signaling improved economic stability and debt restructuring…

CBSL Investigates Prohibited Financial Schemes: A Comprehensive Look

Discover how the Central Bank of Sri Lanka is tackling prohibited financial schemes, protecting public interests,…

Resumption of Vehicle Imports: Key Insights on Policies, Timelines, and Conditions

Explore the latest updates on the vehicle imports ban lift in Sri Lanka, including key timelines,…

Arjun Aloysius Sentenced for VAT Evasion: A Deep Dive into the Case and His Business Practices

Arjun Aloysius sentenced to 6 months in prison for Rs. 3.5 billion VAT evasion – a…

Sri Lanka’s Vehicle Import Revival: What It Means for the Economy, Buyers, and the Environment

Discover how Sri Lanka’s phased vehicle import plan impacts the economy, vehicle buyers, and the environment.…

Sri Lankan Inflation Drops to 0.5% in August: A Sign of Economic Stabilization

Sri Lanka’s inflation rate dropped to 0.5% in August 2024, marking a significant improvement in economic…

Sri Lanka’s 2024 Presidential Election: The Critical Role of the Election Commission in Shaping the Future

Explore the pivotal 2024 presidential election in Sri Lanka, focusing on the Election Commission’s role in…

Gold Prices Fall as Rupee Strengthens After IMF Loan

On the 22nd of March, the value of the rupee strengthened against the dollar following the…

Sri Lankan Rupee Appreciates on IMF Approval for Fund Facility

Today (21 March), the Sri Lankan rupee has experienced an appreciation against the USD, following a…