National Water Supply & Drainage Board Announces 3% Increase in Water Tariffs from January 2024
The National Water Supply & Drainage Board (NWSDB) has disclosed that water tariffs are set to undergo a 3% increment
Central Bank of Sri Lanka Releases Financial Stability Review 2023
The Financial Stability Review (FSR) of 2023, recently published by the Central Bank of Sri Lanka, provides insights into the
Sri Lanka’s Year-on-Year Inflation Rises to 4.0% in December, Led by Non-Food Group
Sri Lanka’s overall inflation rate, measured by the Colombo Consumer Price Index (CCPI) on a year-on-year basis, has increased to
Governor Weerasinghe Stresses Cruciality of Sustaining IMF Agreement for Financial Stability
Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandala Weerasinghe, underscored the vital importance of maintaining the continuity
Sri Lanka to Implement Significant Changes to Value Added Tax (VAT) in the New Year
Effective January 1st, 2024, Sri Lanka’s Value Added Tax (VAT) is slated for a substantial adjustment, with the rate increasing
India and South Korea Consider Joint Development Projects in Sri Lanka and Bangladesh
India and South Korea are reportedly exploring joint development projects in neighboring Sri Lanka and Bangladesh, according to sources familiar
Financial Woes Plague Sri Lanka Fisheries Corporation: Alleged Corruption Impacts Monthly Losses of Rs.100 Million
Inside sources reveal that the Sri Lanka Fisheries Corporation is incurring monthly losses of up to Rs.100 million due to
Indian High Commissioner Pledges Support for Passenger Ferry Service Between India and Sri Lanka
In a crucial meeting held on December 28, 2023, with the Minister of Ports, Shipping, and Aviation, Nimal Siripala de
Online Payment Portals to Cover All 341 Local Government Bodies from Next Year
State Minister of Provincial Councils and Local Government, Janaka Wakkumbura, has revealed plans to introduce online payment portals for all
Adani Green Energy Limited (AGEL) Successfully Concludes Transfer of 1,050 MW Renewable Portfolio to Joint Venture with TotalEnergies
Adani Green Energy Limited (AGEL) has announced the successful completion of the 1,050 MW joint venture (JV) with TotalEnergies. This