Imputed Rental Income Tax to be Implemented Post-First Quarter 2025: State Minister of Finance
State Minister of Finance Ranjith Siyambalapitiya has clarified that the proposed imputed rental income tax will only be implemented after
China Faces Economic Growth Challenges Amid Aging Population
In March, Chinese Premier Li Qiang set an ambitious economic growth target of 5% for 2024, a goal supported by
Indian External Affairs Minister Emphasizes Continuity of India-Funded Projects Amid Sri Lanka’s Elections
During his visit, Indian External Affairs Minister Dr. S. Jaishankar reportedly emphasized the importance of maintaining continuity for India-funded projects,
Public Consultation on Sri Lanka’s Electricity Tariff Revision Proposal to End on July 8
The Public Utilities Commission of Sri Lanka (PUCSL) has announced that the public consultation period regarding the electricity tariff revision
President Wickremesinghe and Indian Minister Jaishankar Lead Bilateral Discussions Focused on Joint Energy Projects
In a significant diplomatic exchange, President Ranil Wickremesinghe and Indian External Affairs Minister Dr. S. Jaishankar led bilateral discussions at
COPE Uncovers Major Financial Irregularities in Ceylon Petroleum Corporation
The Committee on Public Enterprises (COPE) has uncovered significant financial irregularities within the Ceylon Petroleum Corporation (CPC), leading to a
China Pledges Continued Support for Sri Lanka’s Debt Sustainability and Socioeconomic Development
China will continue to support Sri Lanka in achieving debt sustainability and fostering socioeconomic development, a Chinese Foreign Ministry spokesperson
Manufacturing Sector Resumes Expansion While Services Continue Growth in May
The manufacturing sector resumed its expansion in May, while services activities continued their growth, as indicated by the Purchasing Managers’
Port City Colombo to Become Catalyst for Sri Lanka’s Economic Development with New International University
Port City Colombo is poised to drive Sri Lanka’s future economic development by opening opportunities for local and international university
World Bank Appoints David Sislen as New Country Director for Maldives, Nepal, and Sri Lanka
David Sislen has been appointed as the World Bank’s new Country Director for Maldives, Nepal, and Sri Lanka, effective July