COLOMBO: Sri Lanka’s parliament was on Thursday told that LKR 500 billion would be additionally needed to restore livelihoods of those affected due to the devastating cyclone Ditwah. Prime Minister …
Home Lands crowned ‘Best Developer Sri Lanka’ for third consecutive year
Home Lands has once again solidified its position as Sri Lanka’s number one real estate developer, achieving a historic milestone at the PropertyGuru Asia Property Awards 2025, held in Bangkok, …
67 families homeless after massive landslide at Poonagala Estate in Sri Lanka
On March 19, a massive landslide engulfed 23 line-rooms at the Kabaragala division of the Poonagala Estate, near Bandarawela, about 215 kilometres from Colombo. Sixty-seven families are now homeless, …
Sri Lanka Business Council UAE concludes Sri Lanka Expo Pavilion 2025
The Sri Lanka Business Council UAE (SLBC), operating under the Dubai Chamber of Commerce, successfully concluded the Sri Lanka Expo Pavilion 2025 at the Pullman Dubai Creek City Centre, marking ..
Viet Nam and Sri Lanka deepen economic ties
The Third Meeting of the Viet Nam–Sri Lanka Joint Sub-committee on Trade was recently convened under the Co-Chairmanship of Viet Nam Industry and Trade Deputy Minister Phan Thi Thang and Sri Lanka ..
Exclusive – Sri Lanka forecasts 5% growth in 2026, aided by post-cyclone reconstruction
Sri Lanka expects its economy to expand by more than 5% next year, matching this year’s pace and significantly outstripping IMF projections, partly driven by reconstruction efforts following Cyclone …
Groundworth secures special recognition for land investments at Asia Property Guru Awards 2025
Ltd has been honoured with Special Recognition for Land Investments at the Asia Property Guru Awards 2025, reaffirming its position as a trusted leader in Sri Lanka’s real estate sector. ..
Sri Lanka nears 16% tax-to-GDP milestone
Finance and Planning Deputy Minister Dr. Anil Jayantha Fernando yesterday said Sri Lanka is on the cusp of reaching a long-sought fiscal milestone, with tax revenue expected to rise to 16% of GDP by …
Sri Lanka nears 16% tax-to-GDP milestone
Finance and Planning Deputy Minister Dr. Anil Jayantha Fernando yesterday said Sri Lanka is on the cusp of reaching a long-sought fiscal milestone, with tax revenue expected to rise to 16% of GDP by …
Sri Lanka’s IRD surpasses 2025 target amid taxpayer confidence: Official
ECONOMYNEXT – Sri Lanka’s Inland Revenue Department (IRD), the main revenue collecting agency, has exceeded its annual revenue target for this year due to increased taxpayer confidence, Deputy Finance …