The team will continue its discussions in the context of the First Review with the goal of reaching a staff-level agreement in the near term, says the …
S&P Global Ratings today raised its long- and short-term local currency sovereign credit ratings on Sri Lanka to 'CCC+/C' from 'SD/SD' (selective default). …
Sinopec announced its official entry into Sri Lanka's dynamic fuel retail market at the felicitation event for local distributors held on the 25 th of …
The United States today announced the commitment of more than US $19 million in additional funds to further the development of Sri Lanka, in a ceremony at the …
Fitch Ratings has downgraded Sri Lanka's Long-Term Local-Currency (LTLFC) Issuer Default Rating (IDR) to 'RD' (Restricted Default) from 'C'. The ratings on its …
The Monetary Board of the CBSL as the custodian of the EPF, having considered the two options available has decided to opt for the Debt Exchange offer with a …
Thathsarani Siriwardana The issue of female labor force participation in Sri Lanka has remained a subject of discussion for several decades, yet tangible …
The Ceylon Chamber of Commerce is urging the Government to reconsider its recent decision to abolish the Simplified Value Added Tax (SVAT) system given the …
The present government’s income tax policy to attract an effective tax rate of 30% would require a salary above Rs. 500,000 per month. Probably 90% of the …
Sri Lanka’s merchandise exports increased by 2.18 % to US$ 1,027.2 Million in July 2023 compared to June 2023 as per the provisional data released by the Sri …
Taxation is intricately linked to gender equality and is a fundamental foundation to address intersectional inequality challenges. Accordingly, the United …
Aiming to create awareness about the growing significance of sustainable development and Environmental, Social, and Governance (ESG) financing, The Ceylon …
“Invest Sri Lanka” is a series of forums organized by the Colombo Stock Exchange (CSE) in partnership with Stock Broker Firms, to promote foreign portfolio …
The Central Bank of Sri Lanka Launched the dedicated Web Portal of the Regional Development Department (RDD Web Portal) on 04.08.2023, signifying its strategic …
On 2nd of August, the detailed discussion on the progress and way forward was held on the ongoing technical cooperation project named, “Project for Capacity …
By Sabry Ansar, Director, Head of CE Business - Samsung Electronics, Sri Lanka and Maldives In times of unprecedented challenges, the significance of …
A CEO Forum organised by the CFA Society Sri Lanka (CFASSL) was held in Colombo recently with a focus on ‘Rebooting the Sri Lankan Economy - Post-Domestic …
The Government of Sri Lanka and the World Bank, European Union (EU) and Agence Française de Développement (AFD) have recently signed financing agreements to …
Sri Lanka's Central Bank chief on Thursday disputed the claim that the Employees’ Provident Fund (EPF) would lose a staggering 12 trillion rupees (USD39 …