News

New Tax Law Sparks Fear of Business Collapse and Investor Flight

Sri Lanka’s new Inland Revenue (IR) (Amendment) Bill 2026 is attracting scrutiny for its potential repercussions on businesses, taxpayers, and the broader economy. Following...

Inside NDB Bank Fraud Scandal: Questions Over Internal Controls

The recent disclosure of a financial fraud at National Development Bank PLC has raised serious concerns about internal governance, risk oversight, and the vulnerability...

Middle East Conflict Disrupts Sri Lanka Tourism Recovery Momentum

Sri Lanka’s fragile tourism recovery has been abruptly shaken by escalating geopolitical tensions in the Middle East, exposing the sector’s heavy reliance on global...

Political Fallout Grows Over Sri Lanka’s Controversial Coal Deal

Sri Lanka’s unfolding coal controversy is rapidly escalating into a major political and regulatory crisis, with mounting pressure on authorities over the importation of...

Sri Lanka Eyes $10 Billion Transport Boost, Invites Global Firms for Airport Operations

The Government has announced plans to invest between US$8 billion and US$10 billion over the next three years to strengthen Sri Lanka’s transport infrastructure,...

Popular

spot_imgspot_img