Tag: SL Government
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Sri Lanka’s Tea Exports Face Headwinds amid new US Tariff Changes
By: Staff Writer
August 07, Colombo (LNW): Sri Lanka’s tea industry — long famed for its premium “Ceylon Tea” brand — is bracing for fresh challenges as...
Sri Lanka Approves Four Firms for Spice Re-Exports to boost the industry
By: Staff Writer
August 07, Colombo (LNW): Sri Lanka is pushing ahead with its strategy to boost foreign exchange earnings by encouraging value addition in its lucrative...
Online Gambling Lures Sri Lankan Youth into a Growing Web of Risk
By: Staff Writer
August 07, Colombo (LNW): Online gambling is fast becoming a major concern in Sri Lanka, with increasing numbers of local youth being drawn into...
Sri Lanka’s Fiscal Deficit Contracts by 32% in First Half of 2025
By: Staff Writer
August 07, Colombo (LNW): Sri Lanka’s fiscal deficit narrowed significantly in the first half of 2025, driven by a strong surge in government revenues...
Sri Lanka Forex Gains Offset by Soaring Vehicle Import Demand
By: Staff Writer
August 04, Colombo (LNW): Sri Lanka is walking a fiscal tightrope as it seeks to sustain macroeconomic stability amid rising vehicle import pressures...