The World Bank has released its latest assessment of Sri Lanka’s economy, commending the government for achieving steady recovery while emphasizing that critical challenges remain on the road to sustainable growth. According to the World Bank’s 2025 Sri Lanka Economic Update, the nation has made commendable strides in reducing inflation from the record highs of […]
Sri Lanka has re-emerged as a focal point for foreign investors, following a series of economic stabilization efforts and renewed international engagement. A delegation from a leading U.S. think tank recently visited Colombo to assess investment potential in the island’s evolving business landscape, marking a strong signal of growing American interest in Sri Lanka’s economic […]
Business magnate Dhammika Perera has partially divested his stake in Commercial Bank of Ceylon PLC, one of Sri Lanka’s most stable and high-performing financial institutions. The transaction, valued at approximately Rs. 5.5 billion, represents a significant portfolio move by one of the country’s most influential investors. Overview of the Transaction The partial sale of shares […]
