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Free Trade Zone manufacturers up in arms over 30 percent income tax move

The Free Trade Zone Manufacturers Association (FTZMA) has written to President Ranil Wickremesinghe expressing its opposition to the proposed

Sri Lanka still favourite destination for tourists despite challenges

Sri Lanka faces hardships in the current economic context; however, the island nation has been successful in braving through the challenges and remaining a...

Government to amend some archaic laws to support diverse industries

State Finance Minister Ranjith Siyambalapitiya revealed the government will amend some of the archaic laws necessary to support diverse industries in the economy.

CB SL still to evaluate the impact of high interest rates on banks

The Central Bank of Sri Lanka (CBSL) continues maintaining its increased high interest rates without compelling

Motor traders cry foul over using used electric cars in Sri Lanka

The Ceylon Motor Traders Association (CMTA), the most senior automotive association in South Asia,

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Ditwah Insurance Crisis Leaves Rs.28 Billion Claims Unsettled

Nearly seven months after Cyclone Ditwah devastated Sri Lanka...

Productive Sectors Lose Credit Share as Economic Recovery Faces Questions

Sri Lanka’s latest banking statistics reveal a significant change...

NDB’s Rs. 13.64 Billion Fraud Tests Bank’s Financial Resilience

National Development Bank PLC (NDB) has reported a recovery...

One Year without Trial? Detention Powers Raise Alarms

Sri Lanka’s proposed Prevention of Organised Crimes Bill (OCB)...
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