Tag: Sri Lanka

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Prime Minister pledges immediate action on educational reforms and fund collection practices

Prime Minister pledges immediate action on educational reforms and fund collection practices

Brief break in dry spell as showers expected across island (Mar 09)

Brief break in dry spell as showers expected across island (Mar 09)

Sri Lanka’s Official Reserve Assets Increase to USD 6.095 Billion in February

Sri Lanka’s Official Reserve Assets recorded a 0.5% increase in February 2025, reaching USD 6.095 billion, compared to USD 6.065 billion in January 2025, according to data released by the Central Bank of Sri...

Modernised IRD and Revenue Authority to change fiscal landscape  

The Inland Revenue Department (IRD) is currently undergoing a modernisation process to support recent tax policy reforms moving towards the automation of its core...

Fraudulent Vehicle Imports incurs a loss Rs. 3 Billion in tax revenue 

A high-profile fraud involving over 200 luxury vehicle importation has been unearthed, amounting to a colossal loss to the government owing to non-payment of...

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Sri Lanka’s First Post-Crisis Dollar Bond Signals Renewed Investor Faith

Sri Lanka’s return to foreign-currency borrowing took a significant...

HSBC Exit Marks Shift toward Local Dominance in Banking

HSBC’s decision to exit Sri Lanka’s retail banking business—now...

Sri Lanka Set for Strong Market Upswing as Stability, Lift Investor Confidence

Sri Lanka’s capital market is entering its most promising...

New Tariff Policy Aims to End Decades of Protectionist Drift

Sri Lanka is preparing to introduce a landmark national...

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