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SL's economic growth expected to remain healthy and sustainable

The Island

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October 24, 2025

Sri Lanka is on course to meet its inflation and financial stability targets by next year, with economic growth projected to remain healthy and sustainable, Central Bank Governor Dr Nandalal Weerasinghe said.

- By Hiran H SENEWIRATNE

"Central Bank’s inflation target of 5 percent is expected to be achieved in the coming year and financial stability has significantly improved compared to the crisis years of 2022 and 2023, the Governor said at a financial stability review meeting for 2025 held yesterday at the Central Bank head office.

MEER VERHALEN VAN The Island

The Island

The Island

Achintha acomplishes historic achievement

St. Aloysius' College, Ratnapura athlete Lahiru Achintha accomplished a historic achievement when he won the country's first ever Asian Youth Games gold medal in Bahrain on Thursday.

time to read

1 min

October 25, 2025

The Island

The Island

Thieves steal ancient Buddha statues from Mahiyangana Raja Maha Viharaya

Police said yesterday that thieves have broken into the museum of the historic Mahiyangana Raja Maha Viharaya and stolen several ancient Buddha statues stored there.

time to read

1 min

October 25, 2025

The Island

The Island

Dutch voters hit polls as immigration fears propel far right towards power

Right-wing narratives about immigration have made inroads in the Netherlands

time to read

6 mins

October 25, 2025

The Island

India upgrades Kabul outpost to full Embassy without recognising Taliban

India has upgraded its technical mission in Kabul to a full-fledged Embassy of India, restoring a comprehensive diplomatic presence in Afghanistan for the first time since August 2021.

time to read

2 mins

October 25, 2025

The Island

Audit urges urgent legal reform, transparency in e-visa deal

MPs get special audit report on the visa scam at Immigration and Emigration Dept.

time to read

2 mins

October 25, 2025

The Island

Suspect believed to have helped Sewwandi to escape to India by boat arrested in Jaffna

The Colombo Crimes Division (CCD) has arrested a suspect believed to have assisted Ishara Sewwandi, one of the prime accomplices in the February killing of underworld figure Ganemulle Sanjeewa, to flee to India by boat.

time to read

1 min

October 25, 2025

The Island

ComBank receives Global Finance 'Best Bank' award in Washington DC

The Commercial Bank of Ceylon was formally presented the Global Finance ‘Best Bank in Sri Lanka’ award recently, at the magazine's annual awards ceremony held, as customary, during the IMF/World Bank annual meetings in Washington DC.

time to read

1 min

October 25, 2025

The Island

The Island

Bourse notches 12 crossings but trading levels leave much to be desired

CSE trading did not reach satisfactory levels yesterday due to monthend profittakings.

time to read

1 mins

October 25, 2025

The Island

'Backhoe' Saman's wife further remanded

The wife of underworld figure ‘Backhoe Saman’, Shadhika Lakshani, who is currently in remand custody under the Prevention of Money Laundering Act, was further remanded on Thursday.

time to read

1 min

October 25, 2025

The Island

The Island

Deciding when to retire

As more people approach the idea of stepping away from full-time work, it becomes ever more important to pause and ask key questions about the decision to retire.

time to read

4 mins

October 25, 2025

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