Pan Asia Bank Announces Performance with a PAT of over 4.1 bn for FY 2024
Net Interest Income - Rs. 12.13 billion, up by 18%Net Fee and Commission Income - Rs. 1.90 billion, up by 24%Operating Profit before Taxes on Financial …
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 successful, …
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 leading experts …
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, to …
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 Vision …
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 consistency, …
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 primary …
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 Laffar took …
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 initiative, …
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 previous …
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 be eligible …
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 will not …
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 will be …
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. Secretary to …
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 approach in …
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 student …