A meeting was held recently between the Sri Lanka Export Development Board (EDB) and consultants to the European Commission, Paul Baker and Talal Rafi, to exchange views and insights on the potential impact of the EU–India Free Trade Agreement (FTA) on Sri Lanka’s export sectors.
Sri Lanka has been reclassified as an upper-middle-income economy by the World Bank Group in its latest country income classifications released on July 1, 2026, marking a significant milestone in the country's economic recovery.
Sri Lanka and the International Monetary Fund (IMF) have reached a staff-level agreement on economic policies, concluding the combined Fifth and Sixth Reviews under the Extended Fund Facility (EFF) programme.
The World Bank Group has introduced its Country Partnership Framework (CPF) for Sri Lanka for the period 2026–2030, outlining a roadmap to support economic recovery and achieve a 7% growth target.
Sri Lanka has recorded a significant increase in foreign remittances during the first two months of 2026, according to the Central Bank of Sri Lanka.
The Monetary Policy Board, at its meeting held yesterday, decided to maintain the Overnight Policy Rate (OPR) at the current level of 7.75%.
Phase III of the Eastern Container Terminal (ECT) of the Colombo Port officially commenced operations today, marking a major milestone in the government’s programme to strengthen the port as a leading regional shipping hub.
Minister of Foreign Affairs, Overseas Employment and Tourism Vijitha Herath has invited Sri Lankans living around the world to invest in Sri Lanka, citing growing political stability and strengthening economic conditions that have renewed investor confidence.
The United Kingdom has granted a major trade advantage to Sri Lanka’s apparel sector by further liberalising the rules under its Developing Countries Trading Scheme (DCTS), significantly strengthening Sri Lanka’s competitiveness in the UK market.
Sri Lanka Customs has achieved a historic milestone by collecting a record Rs. 27.7 billion in revenue on November 6 , the highest single-day collection in the country’s history.
The Board of Investment of Sri Lanka (BOI) announced yesterday(21) that Foreign Direct Investment inflows including foreign commercial loans for investments to BOI-approved enterprises have reached USD 827 million during the period January to September 2025, marking a remarkable 138 percent increase compared to the corresponding value during the period in 2024.
New Withanakande Ceylon Black Tea (FFExSp) has officially entered the Guinness World Records as the most expensive tea ever sold, achieving an extraordinary price of 125,000 Japanese Yen (US$860) per kilo at the annual Ceylon Special Estate Tea charity auction.
The Sri Lanka Economic and Investment Summit will be held on 2nd and 3rd December at the Shangri–La Hotel Colombo.
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