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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...
Central Bank Liquidity Surplus Continues amid Eased Monetary Policy
The Central Bank of Sri Lanka (CBSL) has released its third Market Operations Report (MOR) for 2025, detailing key developments in monetary policy, liquidity...
WEATHER FORECAST FOR 02 AUGUST 2025
Showers or thundershowers will occur at several places in Northern, North-Central, Uva, Eastern, Central and Sabaragamuwa provinces and in Kurunegala and Hambantota districts after...
Colombo District Court Issues Injunction Against Controversial Book Alleging Misconduct by Diyawadana Nilame
The Colombo District Court has issued an injunction against the publication and distribution of the book “Kapati Upasakaya” (The Deceitful Devotee), which makes serious...