Tag: Government

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Police raid the Frontline Socialist Party HQ!

It is reported that a police team has forcibly raided the headquarters of the Frontline Socialist Party yesterday (21). Officers from the Mirihana Special Crime...

IMF team holds talks with SL PM in parallel to debt advisers consultations

Representatives from Sri Lanka’s financial and legal advisors, Lazard and Clifford Chance LLP now in Colombo have started their preliminary observations of the island nation's debt restructuring amidst the country’s worst economic crisis , Finance Ministry sources said.

Australia to assist SL to tackle economic crisis within IMF framework

Australia’s Minister for Home Affairs Clare O’Neill assures her willingness to provide assistance to increase government revenue and also help in the success of the sustainable Energy Generation Programme through the experience in customs administration.

Excise Department goes for digitisation to improve tax revenue

Sri Lanka’s Excise Department is in the process of enhancing revenue collection and strengthening tax administration with the aim of contributing much needed cash for state coffers in the severe economic crisis, top official of the department said.

Port City Development Regulations taint with irregularities

Numerous concerns are being raised over irregularities and alleged unlawfulness of outdated physical models (town planning/urbanisation) under the Colombo Port City Development Control Regulations (DCR). The DCR was unveiled on June10

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Sri Lanka Gears Up to Lead South Asia’s FinTech Future with Landmark 2025 Summit

Sri Lanka is poised to take a bold leap...

Saudi Fund Restructures over SAR 517 Million in Loans to Aid Sri Lanka’s Debt Recovery

In a significant boost to Sri Lanka's ongoing debt...

GovPay Set to Digitally Transform 150 Sri Lanka State Institutions by 2025

Sri Lanka is accelerating its digital transformation agenda, with...

Apparel Exports to US Face Major Setback as Retail Sales Dip and Tariff Threat Looms

Sri Lanka's apparel industry is facing renewed pressure amid...

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