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Government to rationalize state expenses via review committees.

By: Staff Writer Colombo (LNW): The Government has appointed 10 Public Expenditure Review Committees (PERC) comprising five or six members each with the aim of...

IMF expresses concern on Sri Lanka’s shortfall in revenue collection.

By: Staff Writer Colombo (LNW): The International Monetary Fund is concerned about a shortfall in revenue collection by Sri Lanka’s government this year, though that...

Tax department’s RAMIS becomes a white elephant.

By: Staff Writer Colombo (LNW): Sri Lanka’s Revenue Administration and Management Information System (RAMIS) being operated at the Inland Revenue Department has become a white...

A new law to transform the Port City to “Colombo Financial Zone”.

By: Staff Writer Colombo (LNW): A new law is to be introduced to transform the Port City to “Colombo Financial Zone” while rebranding it as...

ADB continues concessional financing to Sri Lanka providing US$ 200 million.

By: Staff Writer Colombo (LNW): The Asian Development Bank (ADB) will provide US$ 200 million to implement 02 sub-programmes under the economic stabilization and reformation...

Breaking

Digitalisation at Risk as Critical Cyber Flaws Threaten Sri Lanka

Sri Lanka’s ambitious digitalisation drive faces a potentially serious...

Sri Lanka’s AI Banking Revolution Risks Becoming a Systemic Trap

Sri Lanka’s push towards artificial intelligence-powered financial supervision presents...

Customs Smashes Revenue Targets as Vehicle Taxes Drive Treasury Windfall

Sri Lanka Customs has delivered a striking fiscal performance,...

Sri Lankans Living Abroad Can Use Valid Local Driving Licences During Visits, Minister Says

Transport, Highways and Urban Development Minister Bimal Rathnayake has...
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