Sri Lanka’s Revenue Raising Drive Key to Credit Profile: Fitch Ratings
The Sri Lankan government’s budget highlights the authorities’ commitment to raising fiscal revenues as a share of GDP - an approach that, if …
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CA Sri Lanka leads discussion on fiscal reforms & national prosperity at Annual Budget Seminar 2025
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) hosted its highly anticipated Annual Budget Seminar 2025, bringing together …
Discussion at SLCERT Highlights Cybersecurity Measures Aligned with Digital Economy Policy
A discussion was held at the Sri Lanka CERT under the initiative of Dr. Hans Wijesuriya, Senior Advisor to the President on Digital Economy Affairs, …
2025 Budget Targets Inclusive Growth Through Bold Reforms: Ceylon Chamber of Commerce
The Ceylon Chamber of Commerce welcomes bold proposals in the budget that align with its recommendations, Sri Lanka Economic Summit discussions, and …
Sri Lanka Bank’s Association welcomes budget as “Positive,” stresses importance of implementation
Sri Lanka’s banks have welcomed the maiden budget of the new government, describing it as “positive” and one that seeks to maintain policy …
Budget 2025: Commitment to IMF Programme, Challenges Ahead, says Moody’s Ratings
Sri Lanka’s 2025 budget signals a strong commitment to adhering to the International Monetary Fund (IMF) programme, with a focus on achieving a …
Acting President of Court of Appeal Justice Mohammed Thahir Laffar’s Term Extended
The term of Acting President of the Court of Appeal Justice Mohammed Thahir Laffar has been extended. Accordingly, Justice Mohammed Thahir …
Sri Lanka Announces Bus Sector Modernization with New Fleet of 300 Advanced Buses
The government has proposed the introduction of a modern and comfortable fleet of technologically advanced buses on a pilot basis. As part of this …
Govt Allocates Rs. 20 Bn to Sign Deal with Banks for SriLankan Airlines Legacy Debt Settlement
To address the financial burdens of SriLankan Airlines (SLA), the government has announced a plan to settle the airline's legacy debt. Despite …
Government Announces Special Interest Scheme for Senior Citizens with 3-pct Additional Interest
The government has introduced a Special Interest Scheme to be implemented from July 2025. Under this scheme, individuals above 60 years of age will …
Budget 2025: Tax Relief on Interest Income – Exempting WHT Up to Rs.1.8Mn
The government has announced new provisions that will impact senior citizens and individuals with lower assessable incomes. Financial institutions …
Budget 2025: Capital Gains Tax Rate Increased to 15-pct for Individuals & Partnerships
The Capital Gain Tax (CGT) rate applicable for individuals and partnerships will be increased to 15%. The CGT rate applicable for all other entities …
Final draft of the Budget 2025 Presented for Presidential Review
The final draft of the Budget 2025 was presented for the review of President Anura Kumara Disanayake today (16) at the Presidential Secretariat. …
BASL’s Contradictory Approach Exposed in AG Controversy, Says Lasantha’s Daughter
Ahimsa Wickrematunge, daughter of slain journalist Lasantha Wickrematunge, has accused the Bar Association of Sri Lanka (BASL) of a contradictory …
SL Students’ Growing Interest in Healthcare & STEM Fields Across Top Study Destinations
ApplyBoard, a leading international student mobility technology platform, has released its latest report. This in-depth analysis of international …
Unveiling Key Insights from IDC’s Microsoft Commissioned Study
As artificial intelligence (AI) evolves from being a technological buzzword to a business imperative, a recent study commissioned by Microsoft to the …
Oracle Considers Colombo Port City for South Asian AI and Cloud Hub
President Anura Kumara Disanayake met with the Executive Vice Chairman of Oracle Corporation Mike Sicilia during the World Governments Summit held in …
Agreement between the UAE and Sri Lanka to Strengthen Economic and Investment Relations
Coinciding with the President’s three-day official visit to the United Arab Emirates (UAE) to attend the World Governments Summit 2025, Sri Lanka …
Priorities in Focus: Will Budget 2025 Address Sri Lanka’s Agricultural Challenges?
By Dr Manoj Thibbotuwawa and Dr Lakmini Fernando Public expenditure on agriculture as a share of total government spending has decreased from …
HP unveils the next evolution of large format printing to Sri Lanka
HP has introduced the HP DesignJet Smart Tank T908 MFP and T858 SFP, the first large-format ink tank printers in Sri Lanka, exclusively …