ECONOMYNEXT – Sri Lanka parliament passed amendments to the country’s Inland Revenue Act aiming to boost tax income to achieve an ambitious revenue target President Anura Kumara Dissanayake government …
ADB urges Sri Lanka to fast-track sustainable finance to attract global investment
Sri Lanka must accelerate the adoption of sustainable financing frameworks to attract the global investors and strengthen its long-term economic resilience, the Asian Development Bank (ADB) said …
1,009 bottles of liquor, pistol, iPhones taken from Sri Lanka police chief’s house: Minister
Sri Lanka’s Police Criminal Investigations Department has seized several bottles of foreign liquor, 2 iPhones and police chief Deshabandu Tennakoon’s service weapon after a search of his residence, …
1,009 bottles of liquor, pistol, iPhones taken from Sri Lanka police chief’s house: Minister
Sri Lanka’s Police Criminal Investigations Department has seized several bottles of foreign liquor, 2 iPhones and police chief Deshabandu Tennakoon’s service weapon after a search of his residence, …
Sri Lanka posts first growth since crisis
Cash-strapped Sri Lanka’s economy grew by five per cent in 2024, marking the first full year of expansion since its unprecedented meltdown in 2022, official data showed on …
Sri Lanka posts first growth since crisis
Cash-strapped Sri Lanka’s economy grew by five per cent in 2024, marking the first full year of expansion since its unprecedented meltdown in 2022, official data showed on …
Sri Lanka to engage with US on reciprocal tariffs amid economic concerns
Foreign Affairs Minister Vijitha Herath on Saturday told the Parliament that a Sri Lankan delegation is set to visit the US next month for discussions with its Trade Office regarding the reciprocal …
Sri Lanka’s tourism income hits US$768 mn in first two months of 2025
Earnings from Sri Lanka’s tourism trade has continued to remain robust during the height of the seasonal peak as arrivals have been stronger while the country is being recognised and featured by …
Sri Lanka import duty on vehicles to create brand new rent seeking sector?
Import duties on finished vehicles brought to Sri Lanka, apparently as part of a balance of payments measure, has triggered fears that may lead to the expansion of brand new rent seeking business and …
Another Sri Lanka? China’s Unchecked Influence Leaves Maldives On Brink Of Financial Default—Here’s All About Debt Crisis
Rather than alleviating financial strain, the China- Maldives Free Trade Agreement (FTA), implemented in January 2025, has further deepened the crisis. Despite bilateral trade reaching approximately …