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2026 Budget to Focus on Growth without New Taxes

Sri Lanka’s 2026 Budget is expected to build on strong fiscal consolidation achieved this year, with the Government signalling that no new taxes will...

JKCG Suspends Advance Payments for BYD EV Orders Amid Customs Dispute

John Keells CG Auto Pvt Ltd, the authorized distributor for China-manufactured BYD vehicles in Sri Lanka, has announced that it will temporarily halt the...

Stalled Reforms and Policy Hurdles Cloud Sri Lanka’s Investment Outlook

Sri Lanka’s sluggish progress in privatising State-Owned Enterprises (SOEs), rigid labour market regulations, and restrictions on foreign participation continue to undermine investor confidence, the...

Sri Lanka’s 2025 Growth Outlook Splits Economists as Forecasts Diverge

Sri Lanka’s post-crisis economic recovery has entered a decisive phase, with international financial institutions sharply divided over the country’s growth prospects for 2025. While...

FUTA Highlights Severe Shortage of University Lecturers

The Federation of University Teachers Association (FUTA) has warned of a severe shortage of lecturers in Sri Lanka’s university system, with only about 5,000 currently serving against the...

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