Tag: Sri Lanka

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Sri Lanka’s Tourism Industry Sees Robust Growth in 2025

Sri Lanka’s tourism industry is experiencing strong growth, with over 492,000 visitors recorded in 2025 so far, reflecting an optimistic outlook for the sector....

EPF incurs nearly Rs. 20 billion  in losses; over Rs. 12 bn in foregone earnings

The Employees’ Provident Fund (EPF) has suffered close to Rs. 20 billion in losses from bond and equity market investments, with an additional Rs....

Sri Lanka’s Electricity Tariff Breach Triggers Heavy Losses  for CEB

Maintaining a cost-reflective electricity pricing formula is crucial for Sri Lanka to adhere to the structural benchmarks set by the International Monetary Fund (IMF)....

Labour Minister Refutes Opposition Claims on Adani Investment and Fuel Pricing

Labour Minister and Economic Development Deputy Minister Prof. Anil Jayantha Fernando rejected Opposition allegations regarding the Government’s stance on the Adani Group’s investment and fuel pricing, emphasizing that all...

Special Bus Services Announced for Tooth Relic Exposition

The National Transport Commission (NTC) has announced special bus services for the upcoming Tooth Relic Exposition, which is being held for the first time in...

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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...

IRD Extends 2024/2025 Income Tax Return Deadline Due to Cyclone Ditwah Disruptions

The Inland Revenue Department (IRD) has announced an extension...

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