Nearly two years after facing its worst economic collapse, Sri Lanka’s economy is expected to grow in 2024, according to Finance Minister Shehan Semasinghe.
Sri Lanka moves ahead with establishing truth commission to reconcile with Tamil minorities
Before the Sri Lankan Army killed its supreme leader, V Prabhakaran, in 2009, the Liberation Tigers of Tamil Eelam (LTTE) had been fighting for a separate Tamil homeland in the island nation’s norther …
Sri Lanka sees at least 2-pct economic growth in 2024
ECONOMIYNEXT – Sri Lanka’s economy is expected to record a growth in 2024 for the first time in three years after contractions in the previous two years, State Finance Minister Shehan Semasinghe said.
“Business confidence reinstalled with single digit inflation”
The government has instilled business confidence in Sri Lanka by maintaining a single digit inflation rate, said State Finance Minister, Shehan …
“Business confidence reinstalled with single digit inflation”
The government has instilled business confidence in Sri Lanka by maintaining a single digit inflation rate, said State Finance Minister, Shehan …
Sri Lanka Mission in Maldives holds business networking event
The High Commission of Sri Lanka in Maldives organised a highly successful Business Networking lunch at the “Indian Summer” in Hulhumale, a franchise restaurant owned by a Sri Lankan company on 21 …
Sri Lanka’s tax revenues for 2023 revised up to Rs2,752bn: Minister
ECONOMYNEXT – Sri Lanka’s tax revenues for 2023 have been revised up to 2,752 billion rupees, with economic activity picking up and results of broadening the tax base and reforms bringing results, …
Sri Lanka raises fuel retail prices by Rs 20; first under new VAT hike
The Sri Lankan government raised retail fuel prices by Rs 20 effective from Monday in its monthly revision, making it the first retail price hike of any commodity under the imposition of new …
Strong earthquake strikes off North Sumatra; no tsunami threat to Sri Lanka
A ‘White’ warning has been issued by the National Tsunami Early Warning Center, urging those living near and around the coastal areas to remain vigilant …
Sri Lanka ‘A’, India ‘A’, Pakistan ‘A’ and India ‘B’ win on third day
Sri Lanka ‘A’, India ‘A’ and Pakistan ‘A’ were undefeated at the end of the third day of the 8th Lawyers Cricket World Cup being played in Sri Lanka. India ‘B’ won their second game from three outings …