IMF Boost, Export Surge Signal Cautious Economic Recovery for Sri Lanka”
Weekly Economic Review Sri Lanka Inches toward Stability with IMF Deal, Surging Remittances, and Export Growth
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Construction sector shows modest growth in March as small-scale projects lead the way
Sri Lanka’s construction sector showed signs of continued expansion in March, with the Purchasing Managers’ Index (PMI) for Construction reaching 54.3.
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Sri Lankan online shoppers stick to cash on delivery amid digital payment hesitation
52 % of Sri Lankan online shoppers prefer COD, up from 48 % in the previous year Digital payment methods such as e-wallets lag 1 percent or less
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Apple says most US-bound iPhones no longer made in China
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CNL Reporter
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May 2, 2025
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News
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Apple
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Apple says it is shifting production of most iPhones and other devices to be sold in the US away from China, which has been the focus of President Donald Trump’s tariffs.
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University teachers call for impartial probe into Sabaragamuwa Uni. student’s death
The Federation of University Teachers’ Associations (FUTA) has called for an impartial investigation into the tragic death of 23-year-old Charith Dilshan,
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Govt eases several more restrictions on vehicle imports
The Ministry of Finance has issued a new gazette notification easing several more restrictions on vehicle imports, with effect from April 29, 2025.
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Sri Lanka construction expands at a slower rate in March 2025: PMI
Sri Lanka’s construction sector expanded in March 2025, but at a slower rate than in February, according to a Purchasing Managers Index compiled by the central bank.
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‘Transformational change’ needed in Sri Lanka’s apparel industry: EDB
A ‘transformational change’ is needed in Sri Lanka’s apparel industry,
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North Korea and Russia begin construction of first road bridge
North Korea has said the development of its first road bridge to Russia is a “significant” milestone in relations between the two countries,
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No revision in three-wheel fares despite fuel price reduction
The All Ceylon Three-Wheeler Drivers’ Trade Union says they will not revise fares despite the latest fuel price reduction.
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