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Sri Lanka to Roll out Digital ID by April 2026 with Indian Support

In a bold step toward modernising governance and unlocking the potential of a digital economy, the Government of Sri Lanka has announced that a...

Sri Lanka Gets 20% U.S. Tariff in Revised Trade Order, But Relief Remains Limited

Despite a slight reduction from previous rates, Sri Lanka has been slapped with a significant 20% tariff in the latest list of revised reciprocal...

SL with a 5 Divine weapon to Fight Economic Battle Says former president Ranil

Sri Lanka finds itself on the precipice of both opportunity and risk as it is now out of the Intensive Care Unit after four...

Govt to Curb Tax Holidays for Mega Projects and Port City under IMF Pressure

The Sri Lankan government is set to revise generous tax holidays and exemptions granted to mega and mixed development ventures under the Strategic Development...

State Enterprises Drain Public Coffers as Reforms Accelerate

Sri Lanka’s state-owned enterprises (SOEs), long burdened by inefficiency and financial mismanagement, have racked up a staggering cumulative loss exceeding Rs. 8 trillion over...

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