Opposition SJB opposes imposing 25-pct tax on EPF funds, says Eran
The Opposition is totally opposed to levying a 25% tax on the EPF Fund, said Parliamentarian Eran Wickramaratne at a press conference held at the Opposition …
The Opposition is totally opposed to levying a 25% tax on the EPF Fund, said Parliamentarian Eran Wickramaratne at a press conference held at the Opposition …
Opposition parliamentarians have urged President Gotabaya Rajapaksa to initiate a dialogue with them to better understand the current economic issues facing …
Global development progress does not automatically lead to a greater sense of security, according to a new United Nations Development Programme (UNDP) report …
The Government and the CBSL have already taken necessary measures to secure alternative forex inflows via a number of bilateral and multilateral funding …
Sri Lanka’s official reserve assets were 2.4 billion US dollars (USD 2,361mn) by the end of January, down from 3.1 billion US dollars in December last year, …
Explaining the economic policy of the future SJB government, Eran Wickramaratne M.P. said that the SJB has already decided to allow the use of chemical …
According to the Transparency in Corporate Reporting Assessment (TRAC) 2021 publication which was unveiled today (Feb 1), companies in Sri Lanka have been …
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index, has increased to 14.2 percent in January 2022 from 12.1 …
Fitch Ratings has downgraded Singer Finance (Lanka) PLC's (SFL) National Long-Term Rating to 'A(lka)' from 'A+(lka)'. The Outlook is Negative. The agency has …
Sri Lanka is currently facing an acute energy crisis, primarily due to the country’s reliance on imported fossil fuel. The solution to this is for the …
A Memorandum of Understanding signed recently between the Ceylon Chamber of Commerce and the Maldives National Chamber of Commerce and Industry (MNCCI) will …
Sri Lanka's Central Bank has decided to adopt several policy measures with a view to strengthening macroeconomic stability. Accordingly, in consideration of …
The Governor of Sri Lanka's Central Bank Ajith Nivard Cabraal states that Sri Lanka has paid the USD 500 million sovereign bond that matured today (18). …
Fitch Ratings has downgraded Sri Lanka's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CC', from 'CCC'. Fitch typically does not assign Outlooks …
By Dr. Dushni Weerakoon: Sovereign debt restructuring can be pre-emptive or post-default. A default is inherently costly as it can result in a sustained loss …
Sri Lanka's Central Bank says that S&P’s assessment to downgrade the rating has clearly failed to recognise the recent progress made by the Government …
By Chair of our Academic Programme and former Economic Adviser at the World Bank, Dr. Sarath Rajapatirana, and our Senior Research Fellow, and former Director …
Asian Development Bank (ADB) Vice President Shixin Chen stated that the Bank is ready to provide funds to restructure several state-owned enterprises. Vice …
Sri Lanka's Central Bank says that the changes in the composition of official reserves are in accordance with the current reserve management needs and …
The fiscal relief package recently introduced in Sri Lanka reduces the scope for fiscal and debt consolidation at a time when fiscal flexibility is already …