COLOMBO: As part of a new austerity campaign, Sri Lanka’s left-leaning administration on Tuesday demanded previous presidents, including the once-dominant Rajapaksa brothers, to immediately leave …
Sri Lanka orders ex-leaders to move out of mansions
Gotabaya Rajapaksa was forced to step down in 2022 as Sri Lanka faced its worst economic meltdown, with foreign reserves plummeting and the nation running out of dollars to finance imports of …
Amid Sri Lanka’s austerity drive, Rajapaksa brothers must vacate deluxe government mansions
The move aims to reduce government spending and convert the mansions into hotels or museums, with former leaders receiving a modest rent allowance instead Sri Lanka’s leftist government asked former …
BOI revitalisation a key New Year’s resolution for Sri Lanka in 2025: US Ambassador
US Ambassador to Sri Lanka Julie Chung recently called on authorities to make the revitalisation of the Board of Investment (BOI) a key New Year’s resolution for Sri Lanka in 2025. ..
UK tea importers visit Sri Lankan producers, exploring trade opportunities
A delegation of experts and specialists from the UK tea industry is in Sri Lanka this week to strengthen connections with the country’s specialty tea producers and explore business opportunities. ..
BOI revitalisation a key New Year’s resolution for Sri Lanka in 2025: US Ambassador
US Ambassador to Sri Lanka Julie Chung recently called on authorities to make the revitalisation of the Board of Investment (BOI) a key New Year’s resolution for Sri Lanka in 2025. ..
UK buyers to explore Lanka’s artisanal teas and ethical practices firsthand
UK tea buyers’ delegation here this week to strengthen connections with Lankan specialty tea producers A delegation of experts and specialists from the UK tea industry is in Sri Lanka this week to …
World Bank assures financial and technical assistance for Sri Lanka’s key govt projects
Vice President for South Asia at the World Bank Martin Raiser stated that the organization is committed to providing financial and technical assistance for Sri Lanka’s key government projects …
Hotel entirely staffed by women opens in Sri Lanka
In a bid to carve out career opportunities for women in a male-dominated hospitality industry, a resort staffed entirely by women has opened in central Sri Lanka.
CA Sri Lanka submits budget proposals to support national revival and growth
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently submitted a set of comprehensive proposals for consideration in the upcoming government budget for the year 2025. ..