IMF Senior Mission Chief Emphasizes Need for Taxation to Sustain Essential Services
In a recent statement, the Senior Mission Chief for Sri Lanka at the International Monetary Fund (IMF), Peter Breuer, underscored
Sri Lanka’s Official Unemployment Rate Drops to 4.3% in Q4 Amid Economic Expansion
Sri Lanka’s official unemployment rate declined to 4.3 percent in the final quarter of last year, down from 4.7 percent
Department of Excise Reports 38.5% Increase in Revenue for February
Commissioner General of Excise, M. J. Gunasiri, has announced that the revenue generated by the Department of Excise witnessed a
Foreign Employment Operations to Go Digital, Announces Labour Minister
Labour and Foreign Employment Minister Manusha Nanayakkara disclosed yesterday that the entire operations of Foreign Employment would soon undergo digitization,
India Extends Ban on Onion Exports Indefinitely, Impacting Overseas Markets
India, the world’s largest exporter of onions, has unexpectedly prolonged its ban on onion exports, a move that is poised
“Export Development Board Reports Modest Increase in February 2024 Merchandise Exports”
The Export Development Board (EDB) has revealed that the merchandise export performance for February 2024 reached US$ 983.7 million, marking
“Prioritize Country Development over Vanity: Minister Manusha”
Labour and Foreign Employment Minister Manusha Nanayakkara said today (22) that true leadership is to put the country first, develop
Australia Implements Stricter Visa Rules for Foreign Students Amid Record High Migration
Australia will begin enforcing tougher visa rules for foreign students this week, as official data showed migration hitting another record
President Muizzu Blames Previous Administration Amidst Maritime Territory Dispute
Amidst the fallout of the International Tribunal on Law of the Sea’s ruling, President Muizzu swiftly shifted blame onto the
“Global Investors and Sri Lankan Officials Set to Begin Talks on Restructuring $12 Billion in Defaulted Bonds”
According to Bloomberg News, global investors and Sri Lankan officials are expected to commence negotiations aimed at restructuring $12 billion