Cabinet Approves Rs. 1 Bn Funding Package for Lanka Metro Transit
The Cabinet of Ministers has approved a total funding allocation of Rs. 1,067.5 million for Lanka Metro Transit (Private) Limited, comprising Rs. 800 million in equity capital for infrastructure development and an additional Rs. 267.5 million for operational requirements in 2027. Submitted by the Minister of Transport, Highways, and Urban Development, the proposal supports the […]
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CFA Society Sri Lanka Celebrates New Charterholders at the Charter Awards Ceremony & Oration 2026
New CFA Charterholders with the Chief Guest and officials of CFA Society Sri Lanka CFA Society Sri Lanka (CFASSL) hosted its annual Charter Awards Ceremony & Oration 2026 recently at...
Opinion: Will the “tax shock” kill Sri Lankan economy?
By Indika Hettiarachchi “Current IMF backed tax policy framework likely to slowdown economic growth and increase poverty.” Under the latest IMF extended fund facility program, Sri Lanka has achieved substantial...
Cabinet Approves Amendments to Modernize Sri Lanka’s EPF Act
Sri Lanka’s Cabinet of Ministers has approved a proposal to instruct the Legal Draftsman to draft legislation amending the Employees Provident Fund (EPF) Act No. 15 of 1958. The proposed...
Sri Lanka Electricity Tariffs to Remain Unchanged for Q3 2026
The Public Utilities Commission of Sri Lanka (PUCSL) announced today that electricity tariffs will remain unchanged for the third quarter of 2026, maintaining the existing rates established in the second...
Foreign Minister Vijitha Herath to Visit Australia and New Zealand
Minister of Foreign Affairs, Foreign Employment and Tourism, Vijitha Herath, will undertake an official visit to New Zealand and Australia from 26 May to 3 June 2026, at the invitation...
Commercial Bank MD/CEO Sanath Manatunge appointed Chairman of EFC
Sanath Manatunge, the Managing Director/Chief Executive Officer of Commercial Bank of Ceylon has been appointed Chairman of the Employers’ Federation of Ceylon (EFC), one of the country’s most influential apex...
US Effective Tariff Rate Falls to 7.4% on Latest Tariffs and Changing Trade Flows: Fitch Ratings
The U.S. effective tariff rate (ETR) has declined to 7.4% from 9.4% after the U.S. replaced the temporary Section 122 surcharge with new Section 301 tariffs on imports from 60...
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Watch AllVIDEO INTERVIEW: What will the year 2022 look like for Sri Lanka? W A Wijewardena
“Sri Lanka will have a very gloomy future in 2022. If the government is interested in avoiding it, it has...



