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Ceylon Chamber of Commerce unveils Outlook 2025 Report

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Standing Left to Right - Sanjaya Ariyawansa, Romesh David, Ruvini Fernando, Dr. Chandranath Amarasekara, Dr. Shruti Lakhtakia, Bingumal Thewarathanthri

The 10th Annual Outlook Report 2025 was officially launched by the Ceylon Chamber of Commerce at the Economic Review and Outlook 2025 seminar. This year’s theme, “Consolidating Stability; Fostering Sustainable Growth”, encapsulates Sri Lanka’s progress toward economic recovery and resilience. The keynote address was delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, highlighting policy directions and economic priorities for 2025.

Organised by the Chamber’s Economic Intelligence Unit (EIU), the report provides a three-part analysis. The first section reviews Sri Lanka’s macroeconomic fundamentals, including growth, inflation, monetary policy, performance of the external, fiscal and the financial sector. The second section offers a detailed review and outlook for ten key sectors: agriculture, tourism, retail, apparel, digital and IT/BPO, energy, logistics and transport, banking and insurance, fisheries, and poultry. The final section presents a forward-looking analysis of global and regional economic trends, emphasizing their implications for Sri Lanka’s recovery and growth trajectory.

In his opening remarks, Duminda Hulangamuwa, Chairman of The Ceylon Chamber of Commerce, underscored the Chamber’s three-pillar strategy— Policy Advocacy, Engagement, and Market Access—which guides its efforts to support the business community and drive economic progress. He highlighted that while the EIU plays a critical role in policy advocacy, this seminar aligns with the Engagement pillar by fostering knowledge-sharing and dialogue on Sri Lanka’s economic outlook. Emphasizing the importance of leveraging Sri Lanka’s resilience, he stated, “This year’s report not only reflects on challenges but also provides a roadmap for sustainable growth and the reforms essential for long-term stability.”

Presenting the report, Senior Economist Sanjaya Ariyawansa highlighted Sri Lanka’s cautious optimism for 2025. Ariyawansa noted the critical role of structural reforms, stating, “Sustained fiscal discipline, governance improvements, and investments in digital infrastructure are vital to ensuring Sri Lanka’s economic recovery transitions into sustainable growth.”

A distinguished panel discussion followed, moderated by Ariyawansa. Panelists included: Bingumal Thewarathanthri, Chairman, Sri Lanka Banks Association & MD/CEO, Standard Chartered Bank Sri Lanka, Dr. Chandranath Amarasekara, Assistant Governor, Central Bank of Sri Lanka, Dr. Shruti Lakhtakia, Economist, The World Bank Sri Lanka Office, Ruvini Fernando, Head of Strategy, Deloitte Sri Lanka and Maldives and Romesh David, CEO, South Asia Gateway Terminals (SAGT)

The panel provided valuable insights into fiscal and monetary reforms, digital transformation, the investment climate, growth opporutntiies and challneges, and regional economic trends.



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Financial allocations for the development of infrastructure in provincial schools have been provided to all provinces – PM

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Prime Minister Dr Harini Amarasuriya stated that the necessary financial allocations for the development of infrastructure in provincial schools have been provided to all provinces. She emphasized that these funds must be utilized effectively for school development and requested that relevant authorities submit proposals to address existing shortcomings in school infrastructure.

The Prime Minister made these remarks during a cordial meeting with Muslim women in the Wellawaya area on 1st of March.

Subsequently, the Prime Minister met with the Chief Sanghanayake of the Uva Wellassa region and the Chief Incumbent of Yudaganawa Rajamaha Viharaya, Venerable Rajakeeya Panditha Most Venerable Galtemwatte Nandarathana Nayaka Thero, and briefed him on the current progress of the new education reforms.

She further stated that, while ensuring due recognition for vocational education, steps are being taken to develop 50 vocational training centers equipped with modern courses, covering all 25 districts of the country. She also noted that new education reforms will be introduced for Grade 6 starting in 2027, and that the printing of new textbooks will be entrusted to the Educational Publications Department of the Ministry of Education.

The occasion was attended by Uva Province Governor Attorney-at-Law Kapila Jayasekara, Deputy Minister of Trade, Commerce and Food Security R.M. Jayawardhana, Member of Parliament Ruwan Wijewardene, local government representatives, the Buttala Divisional Secretary and the District Secretary.

[Prime Minister’s Media Division]

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Free 14 day visa extension for visitors unable to depart Sri Lanka

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The Department of Immigration and Emmigration has decided effective from 28th February 2026,  to grant a free fourteen  (14) day visa extension to all tourists who are unable to leave Sri Lanka  due to flight cancellations.

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Maldives Coast Guard Ship Huravee arrives in Colombo

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The Maldives Coast Guard Ship Huravee arrived at the Port of Colombo for replenishment purposes on 02 Mar 26. The visiting ship was welcomed by the Sri Lanka Navy (SLN) in compliance with time-honoured naval traditions.

The ship is a 48.9m long Offshore Patrol Vessel which is commanded by Lieutenant Colonel Ahmed Nafiu Mohamed.

Meanwhile, the ship’s crew is scheduled to visit several tourist attractions in the city of Colombo, during their stay in the island.

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