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Sri Lanka and India Exchange Protocol to Revise Agreement on Avoidance of Double Taxation
In a step towards enhancing economic cooperation, the Protocol for amending the Agreement on the Avoidance of Double Taxation was exchanged during President Anura Kumara Dissanayake’s State Visit to India. Sri Lanka and India initially entered into an Agreement in 2013 for the avoidance of double taxation and the prevention of fiscal evasion concerning income […]
27 victims of human trafficking rescued from Myanmar repatriated to Sri Lanka
The Ministry of Foreign Affairs, Foreign Employment, and Tourism, in coordination with Sri Lanka Missions in Myanmar and Thailand, successfully facilitated the repatriation of 27 Sri Lankans who had been lured into cybercrime operations and became victims of human trafficking in Myanmar. Senior officials of the Consular Affairs Division of the Ministry received the group […]
‘s President Vows to Protect Indian Interests in Trip to New Delhi
Sri Lanka’s president Anura Kumara Dissanayake is on a three-day trip to New Delhi. The president promised Indian PM Modi that Sri Lankan land will never be used for “actions detrimental to Indian interests”. How did New Delhi woo Dissanayake who leads a historically anti-India political party?
‘s GDP Growth at 5.5-pct in Q3 2024
Sri Lanka has experienced a economic upturn, with the Gross Domestic Product (GDP) expanding by 5.5% in the third quarter of 2024 compared to the same period last year. The GDP for the third quarter of 2024 at constant price (2015) has increased up to Rs. 3,151,941 million from Rs. 2,987,544 million which recorded in […]
Vision Care Celebrates Festive Season with Exclusive Discounts on Designer Sunglasses
Vision Care, Sri Lanka’s leading provider of vision, hearing, and eyewear solutions, is spreading joy this holiday season with an exclusive promotion designed to make festive shopping truly memorable. With a 20% discount on a wide range of designer sunglasses available at affordable prices, Vision Care offers the perfect opportunity to gift loved ones or […]
Sri Lanka Tourist Arrivals YoY Increased by 22-pct in November
Sri Lanka’s tourism sector continues to show strong recovery and growth, as evidenced by a 21.6% year-on-year increase in foreign tourist arrivals for November 2024. According to the Sri Lanka Tourism Development Authority, the number of tourists reached 184,158, compared to 151,496 in the same month of the previous year. This significant increase follows an […]
Opinion: Breaking Free from Tradition – How Sri Lanka Can Forge an Innovative Future in Education
By Jithendra Antonio In a rapidly evolving landscape marked by relentless technological advancement, the education system of Sri Lanka faces a pivotal moment of transformation. The traditional academic model, long established as the cornerstone of the country’s education framework, is struggling to keep pace with the dynamic needs of modern society. But the way forward […]
Sri Lanka Reports High Participation in ISB Exchange Offer, Aiming for 98-pct Conversion
Sri Lanka’s Ministry of Finance has announced the successful expiration of its Consent Solicitation and Exchange Offer for International Sovereign Bonds (ISBs). The preliminary results show a remarkably high participation rate among market participants, signaling strong confidence in the country’s financial restructuring efforts. On 25 November 2024, Sri Lanka issued an Invitation to ISB holders […]
Bill &’s digitalization effort
The Bill & Melinda Gates Foundation has committed to expanding its initiatives in Sri Lanka. As part of this commitment, the Bill & Melinda Gates Foundation has agreed to provide the financial and technical assistance needed to implement nutrition projects, school meal programs for children, agriculture sector modernization project, digitalization efforts, and livestock development programs […]
TISL Unveils Landmark Research on Private Sector Corruption Risks
Transparency International Sri Lanka (TISL) launched its ‘Corruption Risk Mapping Research: A Study on Sri Lanka’s Private Sector’ on December 12 at the BMICH in Colombo. This report presents an in-depth analysis of corruption risks within Sri Lanka’s private sector and explores potential measures to address them. Compiled by an Independent Researcher, this research documents […]