Sri Lanka

Headline inflation hit a 26-month low of 3.8% y-o-y in January, falling sharply from 4.9% in the previous month. Meanwhile, core inflation remained unchanged at 4.7% y-o-y. The current... 2012-02-02

Foreign Minister Gamini Lakshman Peiris stated that the government is aiming for stronger economic relationships with ASEAN (Association of South East Asian Nations) states in order... 2012-01-03

Headline consumer price inflation ended 2011 at 4.9% y-o-y, up slightly from the 4.7% rate recorded in November. The average inflation rate through the year was 6.7%, marking a small... 2012-01-03

A High Court in Sri Lanka sentenced Sarath Fonseka, the former army chief and presidential candidate, to three years in jail after he was found guilty for making false allegations against... 2011-11-25

Headline consumer price inflation recorded a 1.3 percentage point (pp) drop to 5.1% y-o-y in October - hitting a 14-month low. Core inflation, which remained above the headline rate... 2011-11-24

Amidst the long-running western criticism of the government's alleged human rights violations towards the end of the country's civil war, Sri Lankan President Mahinda Rajapaksa has... 2011-10-28

The latest trade reading for August showed the country's trade deficit rising to US$885.5mn from US$819.4mn in July. While the monthly figure remains below the US$931.9mn peak in May,... 2011-10-27