Temple Trees to open for MICE events

The Sri Lanka Convention Bureau (SLCB) plans to open the 4,000-seat hall at Temple Trees, the Prime Minister’s official residence, for meetings, incentives, conferences, and exhibitions (MICE), according to Chairperson Dheera Hettiarachchi. Speaking at the launch of Sri Lanka MICE Expo 2025, Hettiarachchi said the venue has not been publicly promoted for such events due to political restrictions but holds …

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Central Bank,SL holds rates amid U.S. Tariff talks

The Central Bank of Sri Lanka has kept its main interest rate steady at 7.75%, saying the current policy is right for the country’s recovering economy. However, the bank also said it might lower rates again later this year if inflation stays low. Central Bank Governor Dr. Nandalal Weerasinghe said inflation is expected to rise slightly in the coming months …

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IMF warns of trade threats to SL’s growth

Sri Lanka’s economy is expected to grow by 3.5% this year, after recording 5% growth last year, according to the World Bank, showing signs of steady recovery from the 2022 financial crisis. However, the International Monetary Fund (IMF) warns that global trade issues, especially with the United States could slow down that progress. In a statement issued after completing its …

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SL ahead in digital finance access, says WB report

The Global Findex 2025 report by the World Bank highlights that Sri Lanka has performed better than many South Asian countries in providing access to bank accounts and digital payments. According to the report, over 650 million adults globally still don’t have a financial account, and many lack access to mobile phones or digital financial services. More than half of …

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