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News about Sri Lanka Economy

Stay current with all the latest and breaking news about Sri Lanka Economy, compare headlines and perspectives between news sources on stories happening today. In total, 153stories have been published about Sri Lanka Economy which Ground News has aggregated in the past 3 months.

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Top Sri Lanka Economy News

Monkey business delays Sri Lanka's wildlife survey

Money · Sri Lanka

Monkey business delays Sri Lanka's wildlife survey

61% Center coverage: 13 sources

Sri Lanka is withholding the results of a survey of crop-destroying wildlife, including monkeys and peacocks, because data collected from some farmers appeared unrealistic, a minister said on Monday.See the Story

Sri Lanka electricity tariff hiked 15-pct from June 12

Tariffs · Colombo

Sri Lanka electricity tariff hiked 15-pct from June 12

ECONOMYNEXT – State-run Ceylon Electricity Board was given the go ahead to raise tariffs by 15 percent from June 12, the Public Utilities Commission of Sri Lanka said. “We think it’s fair” PUCSL chairman K P L Chandralal told reporters. “We had a public consultation, and got everyone’s views.” The rates are below the 2024 levels, officials said. The bulk of the increase will fall on general purpose customers, who will see tariffs revert back to …See the Story

Sri Lanka Stocks Continue to Rise Boosted by JKH and Banks

Cricket · Colombo

Sri Lanka Stocks Continue to Rise Boosted by JKH and Banks

ECONOMYNEXT – The Colombo Stock Exchange’s All Share Price index continued its rise, boosted by interest in capital goods and banking shares, brokers said. The broader ASPI moved 0.90 percent, or 157.36 points, to close up at 17,657.60; while the S&P SL20 ended 1.48 percent, or 77.21 points higher, at 5,286.16. Turnover was 5.6 billion rupees. The ASPI was pushed by John Keells Holdings, which ended 0.60 rupees higher at 22.50; HNB, which rose 8…See the Story

Rich vs Poor: How Effectively do Nations Use Their Resources?

By Reihshan Deen* COLOMBO, Sri Lanka | 13 June 2025 (IDN) — Why are some countries rich and others poor? An age-old question in economics, with numerous hypotheses suggested as answers. It is clear that being richly endowed with natural resources is not a reliable indicator; D.R. Congo lies atop substantial mineral wealth, yet its people are among the poorest in the world. Conversely, Japan is noted for lacking natural resources and ranks among …Economy · Colombo Read Article

Sri Lanka electricity regulator to move to fairer, less discriminatory pricing

ECONOMYNEXT – Sri Lanka is planning to move towards fairer electricity tariffs, reducing large discriminatory gaps between services and industry and domestic users above 90 units, the Public Utilities Commission officials said. Under current tariffs general purpose users are penalized for not operating either and industry or a hotel with big gaps. Based on average unit prices charged under tariffs from June 12, disclosed by the regulator, the pe…Economy · Colombo Read Article

Sri Lanka stocks close up, boosted by retail interest

ECONOMYNEXT – The Colombo Stock Exchange’s indices closed up on Monday buoyed by retail interest, brokers said. The All Share Price Index moved 0.61 percent, or 105.79 points, to close at 17,500.24; while the S&P SL20 closed up 0.64 percent, or 33.00 points, at 5,208.95. “Market is in a sort of a bullish run. Higher level of retail interest is coming in,” Dimantha Mathew, Chief Research and Strategy Officer at First Capital Holdings PLC told Eco…Stock Markets · Colombo Read Article

CSE to turn bullish after November 14 poll

Colombo stocks to further rise after November 14 poll Colombo’s stock market is predicted to go up further after the general election on November 14, several industry analysts said. A senior stockbroker told The Sunday Times Business that the new President Anura Kumara Dissanayake has still not incurred major expenses in his office in the past five weeks. “This is seen as a positive. The tourist arrivals are trickling in. The Lankan rupee and th…Stock Markets · Colombo Read Article

Sri Lanka’s Trade Gap Widens amid Soaring Debt Payments - LNW Lanka News Web

By: Staff Writer June 08, Colombo (LNW): Sri Lanka’s external finances are under growing pressure, with rising interest payments and a sharply widening trade deficit straining the economy. Treasury officials revealed that Rs. 1.5 trillion had been spent on principal and interest payments during the first four months of 2025—consuming over 20% of the country’s annual borrowing limit. With Rs. 796 billion paid as interest and Rs. 352 billion on pr…Economy · Colombo Read Article

Sri Lanka stocks fall 0.23-pct as profit taking sets in

ECONOMYNEXT – The Colombo Stock Exchange’s All Share Price Index (ASPI) slid 0.23 percent after rising in three consecutive sessions, as profit taking set in. The index moved 40.49 points lower to close at 17,394.45 on Friday. The S&P SL20 closed down 0.21 percent, or 10.83 points, at 5,175.95. Turnover declined to 4.2 billion rupees from 5.59 billion rupees on Thursday, which was below the monthly average of 4.4 billion rupees. “This was predom…Stock Markets · Colombo Read Article

Insurance Industry’s Shift to Takaful: SECP Maps Out Strategic Transition Plan

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has chalked out a comprehensive, industry-wide...Insurance · Sri Lanka See the Story

Sri Lanka stocks surge for third day

ECONOMYNEXT – The Colombo Stock Exchange All Share Price Index climbed for the third consecutive session recording 17,434.94, hitting a new high, brokers said. “We saw a bit of volatility in the early morning trade however market recovered towards the latter part,” Ranjan Ranatunga, Assistant Vice President – Research at First Capital told EconomyNext. The index moved 0.47 percent, or 81.89 points, higher on Thursday. “Most of the sectors across…Stock Markets · Colombo Read Article

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