Sri Lanka’s Predicted 1.8% Economic Growth in 2023

After a tough year with a 2.3% contraction, Sri Lanka is looking up with a 1.8% Economic Growth Forecasted by Presidential Secretariat for 2023. This positive outlook stems from a…

UNDP Blue Economy Strategy for Sri Lankan Growth

Sri Lanka is a key player among the world’s maritime countries. It has an exclusive economic zone almost 23 times its land size. This presents a great chance and a…

President Unveils Comprehensive Economic Programme Plan

**Sri Lanka** is at a pivotal moment, facing its biggest privatization ever. This is key to President Ranil Wickremesinghe’s plan to boost the economy. At the Budget 2024 Forum, called…

World Bank Sees Positive SL Growth in 2024 Forecast

Sri Lanka is starting to overcome past economic problems. After a year with a 9.2% decline, there’s hopeful news. The World Bank report says we can expect a 1% growth…

UNDP, LKI Push Blue Economy for Sri Lanka Growth

The world’s oceans are very important to our global ecosystem. A surprising fact has come up: the global ‘Blue Economy’ might be worth more than $24 trillion. This would make…

Boost your Business: Enhancing Digital Connectivity

In today’s world, being online is key to a business’s success. Sri Lanka’s companies are quickly using the internet to grow. Having strong digital connections is crucial, and good connectivity…

Sri Lanka’s Economic Outlook: Challenging Year Ahead

Sri Lanka’s economy is facing tough times, unlike anything before. The upcoming fiscal year looks daunting. As Sri Lanka grapples with an Economic downturn, there’s still some hope. This comes…

February Imports Spike 35% YoY in Sri Lanka

Sri Lanka’s imports have soared by 35% compared to last year. This jump to $1.38 billion signals a robust growth in trading activities. It reflects Sri Lanka’s economic resilience and…

ADB Approves USD100 Mn Loan to Bolster Sri Lanka SMEs

Small and medium enterprises (SMEs) are the backbone of many economies. In Sri Lanka, 75% of SMEs struggle to get the funds they need to grow. To change this, the…

Digital Marketing is important for business

Why Is Digital Marketing So Important to Businesses? Digital Marketing Overview Digital Marketing has become an essential component of any business’s marketing efforts. It is a way for businesses to…

World Bank New Partnership Plan for Sri Lanka Recovery

The poverty rate in Sri Lanka jumped from 13.1% to 25% within a year. This makes the new plan from the World Bank a sign of hope for recovery. On…

President Reviews CBSL Salary Hike Decision

In a country where the average monthly household income is modest, the CBSL staff’s proposed salary hike surprises many. President Ranil Wickremesinghe, also serving as Finance, Economic Stabilisation, and National…

World Bank: SL’s Economic Outlook Dims Amid Crisis

Nations strive and succeed on the global stage, but Sri Lanka finds itself at a turning point. Its economic future looks bleak, according to the World Bank. The country is…

NTB’s sound performance amidst volatile conditions

The Group recorded record profits before tax in the amount of LKR 10.4 billion in the twelve months ending 31 December December 2021. This is an increase of 38% over…

IMF Approves First Review of Sri Lanka’s EFF Program

The International Monetary Fund (IMF) made a significant decision recently. It finished the first review of Sri Lanka’s Extended Fund Facility (EFF). This review is a major indicator of how…

World Bank: 1.7% Growth Expected for SL in 2023

In a world full of economic ups and downs, Sri Lanka (SL) shines with hope. Despite global challenges, the island is set to grow, thanks to the World Bank’s 1.7%…

Simplify Investing: A Single Window for Investments Simplified

Sri Lanka is on the edge of a financial breakthrough. Investment opportunities are becoming easier to find and use. This brings us closer to a future where investing is simple…

Sri Lanka rupee appreciates against Ruble

ECONOMYNEXT The Sri Lankan rupee was badly hurt by liquidity injections and has risen sharply to 2.36 rupees for the Russian ruble, up from 2.66 earlier this week, following Vladimir…

Web & Mobile App Usage Trends in Sri Lanka

The digital world in Sri Lanka is changing fast. It’s seeing big changes in Web & Mobile App Usage Trends. With 14.58 million people now online, the country’s story is…

Understanding Live Streaming Viewer Behaviour in Sri Lanka

In this digital age, Sri Lanka’s TV industry is adjusting to new live streaming trends. Studies have revealed complex interactions between viewers and live streams. This has provided valuable live…

Leveraging AI for Economic Expansion in Sri Lanka

Sri Lanka is at a critical juncture facing tough economic challenges. The country deals with a high national debt, rising living costs, and limited job opportunities. Yet, it’s this hardship…