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Stability restored, but where is growth?

Daily FT

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August 30, 2025

NEXUS Public Policy Dialogue probes Sri Lanka's next economic steps

Stability restored, but where is growth?

THE fourth Public Policy Dialogue Forum organised by the NEXUS Research Group brought a full house to the Governor's Hall of the 80 Club on Thursday, centring debate on a blunt question: After two years of macro-stabilisation, where is Sri Lanka’s economic growth?

Opening the forum, NEXUS Chairman Prof. Charitha Herath acknowledged gains achieved with IMF support: debt restructuring traction, easing inflation, and steadier currency management. “Stability is only the first step,” he cautioned, posing three questions to frame the evening: What is holding back growth? Are we focusing on the right priorities? How do we create jobs, support enterprise, and ensure shared prosperity?

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Daily FT

Cabinet nod to ink $100 m ADB loan agreement for tourism development projects

THE Cabinet of Ministers on Monday approved the signing of loan agreements to secure a $ 100 million facility from the Asian Development Bank (ADB) to support a new tourism field development program.

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1 min

September 17, 2025

Daily FT

World Bank Vice President concludes first official visit to Sri Lanka

THE World Bank's Vice President for South Asia Johannes Zutt concluded his first official visit to Sri Lanka yesterday.

time to read

1 mins

September 17, 2025

Daily FT

Verité Research unveils public platform for Budget proposals

VERITÉ Research yesterday launched the 'Budget Proposal Hub' a first of its kind trilingual platform that empowers people to participate in the national Budget process by submitting proposals for the consideration of Parliament; as well as by voting on proposals.

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1 min

September 17, 2025

Daily FT

Jevahn takes early lead

THE 2025 Kandy Regional Junior Open Golf Championship 2025 teed offin fine style at the Victoria Golf Resort (VGR) in Rajawella yesterday. The opening day showed outstanding performances across all junior divisions, reflecting the growing depth of talent in Sri Lanka's junior golf circuit.

time to read

1 mins

September 17, 2025

Daily FT

Trailblazer of Sri Lanka Tourism: Chandra Wickramasinghe marks five decades of innovation

THIS year marks a golden milestone for Wickramasinghe Arachchige Don Chandrasiri Jayalath Wickramasinghe, fondly known as Chandra Wickramasinghe, who celebrates 50 years of remarkable contribution to Sri Lanka's tourism industry.

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6 mins

September 17, 2025

Daily FT

Bangladesh defeat Afghanistan to keep Asia Cup hopes alive

Bangladesh kept their hopes of reaching the Asia Cup Super-Four alive with a thrilling 8-run win against Afghanistan in a Group B match played at Zayed Cricket Stadium yesterday.

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2 mins

September 17, 2025

Daily FT

Daily FT

Govt. holds pre-Budget discussion on banking, finance and insurance sector

A pre-Budget discussion on the banking, finance and insurance sector was held yesterday afternoon at the Presidential Secretariat, chaired by the Minister of Labour and Deputy Minister of Economic Development, Dr. Anil Jayantha Fernando.

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1 min

September 17, 2025

Daily FT

Daily FT

Standard Chartered’s next chapter in Sri Lanka: Stability, partnerships and ‘here for good’

Sri Lanka has faced a period of significant economic and social challenges but is now beginning to show early indicators of recovery. From your perspective, how do you see this bounce back unfolding?

time to read

8 mins

September 17, 2025

Daily FT

Colombo stock market rebounds sharply

THE Colombo stock market yesterday rebounded sharply erasing the losses suffered on Monday as investor sentiment changed for the better.

time to read

1 mins

September 17, 2025

Daily FT

Inclusive approach necessary to draft new Tourism Act

WITH the Cabinet having already granted approval to draft a new Tourism Act, the Government is now poised to revise the prevailing Tourism Act of 2005.

time to read

3 mins

September 17, 2025

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