Luxury hospitality sector By Ifham Nizam Luxury hospitality in Sri Lanka has reached new heights with Aviyana, a leisure property that blends bespoke experiences, sustainability and cultural …
Driving Sri Lanka’s future: How Ministry of Digital Economy can transform nation
The establishment of a Ministry of Digital Economy in Sri Lanka signals a bold step towards embracing the opportunities of the 21st century. This strategic move aligns the country with global trends …
Sri Lanka withholding tax hike on bank deposits is deductible, not final: Minister
A hike in Sri Lanka’s bank deposits is a tax credit that can be deducted when a person files an income tax return and it is not an increase in the final income tax, Deputy Finance Minister Anil …
My family skipped Christmas at home and went to Sri Lanka for a month. Instead of forced traditions, we enjoyed much-needed family time.
From Elf on the Shelf to cookie swaps, matching pajama sets, ugly sweater office parties, and countless other traditions, the holidays can be the most wonderful — and exhausting — time of the year.
Indonesia and Thailand mark 20 years of devastating Boxing Day tsunami with sombre ceremonies
People gathered in prayer and visited mass graves in Indonesia, Thailand, Sri Lanka, and India to mark 20 years since 228,000 people were killed in one of the worst natural disasters in modern history …
Call for radical reforms to modernize Sri Lanka’s financial system
WSO2 Founder and CEO Sanjiva Weerawarana called for radical reforms to modernize Sri Lanka’s financial system, proposing a cap on cash …
India to fund projects worth Rs 237.1 cr in Sri Lanka’s eastern province
India is to provide Rs 2,371 million to Sri Lanka for 33 development projects in education, health and agriculture sectors in the eastern province, it was announced on Tuesday.
India Strengthens Ties with Sri Lanka Through Development Projects
India is set to provide Rs 2,371 million to Sri Lanka for 33 development projects across education, health, and agriculture sectors in the eastern province. The initiative aims to boost socio-economic …
Moody’s upgrades Sri Lanka’s rating to ‘Caa1’ after creditors’ approval of $12.55 billion debt restructuring
Moody’s rating hike action comes after the review, which started last week. The rating upgrade to ‘Caa1’ marks a stable outlook for the island nation of Sri Lanka, reported Reuters.
Moody’s Joins Fitch in Upgrading Sri Lanka on Debt Restructuring
Moody’s Ratings upgraded Sri Lanka’s credit rating, days after the nation concluded debt restructuring of its dollar bonds, which reduces the risk of default on future notes.