COPA Initiates Probe into Under-Invoicing of Coal Stocks for VAT Evasion
The Committee on Public Accounts (COPA) has announced its intention to launch an investigation into instances of under-invoicing of coal
Fitch Ratings Warns of Heightened Collateral Price Risk for Sri Lanka’s Finance and Leasing Companies Due to Surge in Gold-Backed Lending
Fitch Ratings has raised concerns about the increasing reliance on gold-backed lending within Sri Lanka’s finance and leasing companies (FLCs)
Namal Rajapaksa Holds SJB and NPP Accountable for Economic Woes, Defends Tax Reduction
Namal Rajapaksa, Member of Parliament for Hambantota District Sri Lanka Podujana Peramuna (SLPP), has asserted that both the Samagi Jana
Prioritizing National Security in National Interest
The Port of Colombo is the largest and busiest transshipment port in the Indian Ocean. It has been operating at
China Maintains Benchmark Lending Rates Amid Economic Uncertainties
China opted to keep its benchmark lending rates unchanged in the monthly fixing on Monday, aligning with expectations. The decision
Far-Right Libertarian Outsider Javier Milei Wins Argentina’s Presidential Run-Off
Provisional results indicate that far-right libertarian outsider Javier Milei has emerged victorious in Argentina’s presidential run-off poll, prompting his rival,
Chinese State Councilor Shen Yiqin Leads Delegation on Official Visit to Sri Lanka
A Chinese delegation, led by State Councilor Shen Yiqin, arrived in Sri Lanka on an official visit on Saturday, November
Minister Nimal Siripala de Silva Unveils Vision for Sri Lanka’s Economic Resurgence; Second IMF Loan Installment Expected in December
In a comprehensive press briefing held at the Presidential Media Centre on Friday (Nov.17), Minister of Ports, Shipping, and Civil
Power Challenges in Sri Lanka as Kelanitissa Plant Faces 6-Week Shutdown, Norochcholai Plant Grapples with Technical Issues
In a significant development impacting the power sector of Sri Lanka, the Kelanitissa power plant has been temporarily shut down
The administration under Gotabaya Rajapaksa failed to seize the opportunity to secure funding from the IMF
The recent Supreme Court judgment, which attributed the collapse of the country’s economy to unsound decisions made by several individuals