Business

Bingiriya Investment Zone Set to Generate $2.6 Billion in Export Income and Create 75,000 Jobs – President

1 min read

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Bingiriya Investment Zone Set to Generate $2.6 Billion in Export Income and Create 75,000 Jobs – President

Editor July 12, 2024

President Ranil Wickramasinghe has announced ambitious plans for the Bingiriya Investment Zone, projecting it to be a...

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Why Everyone Should Visit Sri Lanka at Least Once in Their Lifetime

3 min read

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Why Everyone Should Visit Sri Lanka at Least Once in Their Lifetime

Editor July 9, 2024

By Marlon Dale Ferreira Sri Lanka – A Gem of Natural and Cultural Wonders Sri Lanka, an...

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Sri Lanka to Impose Taxes on 14 Previously Untaxed Sectors

2 min read

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Sri Lanka to Impose Taxes on 14 Previously Untaxed Sectors

Editor July 8, 2024

In a bid to strengthen its revenue base and ensure broader tax compliance, Sri Lanka’s State Minister...

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Sri Lanka to Receive USD 8 Billion Debt Relief Through Restructuring

3 min read

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Sri Lanka to Receive USD 8 Billion Debt Relief Through Restructuring

Editor July 5, 2024

Colombo, Sri Lanka, July 5, 2024 — President Ranil Wickremesinghe has announced a comprehensive debt restructuring plan...

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Sri Lanka’s Official Reserves Increase by 4.3% in June

2 min read

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Sri Lanka’s Official Reserves Increase by 4.3% in June

Editor July 5, 2024

Colombo, July 5, 2024 — Sri Lanka’s official reserve assets saw a significant increase in June 2024,...

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Australia Doubles Foreign Student Visa Fee in Migration Crackdown – (Video)

2 min read

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Australia Doubles Foreign Student Visa Fee in Migration Crackdown – (Video)

Editor July 1, 2024

Australia announced on Monday that it has more than doubled the visa fee for international students, in...

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Sri Lanka Urged to Continue Engaging with Private Creditors for Debt Deal

1 min read

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Sri Lanka Urged to Continue Engaging with Private Creditors for Debt Deal

Editor June 27, 2024

The Official Creditor Committee (OCC) of Sri Lanka’s bilateral lenders has commended the country’s efforts in implementing...

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IMF Highlights Importance of Sri Lanka’s Debt Deal for Restoring Sustainability

2 min read

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IMF Highlights Importance of Sri Lanka’s Debt Deal for Restoring Sustainability

Editor June 27, 2024

The International Monetary Fund (IMF) announced that Sri Lanka’s recent agreements with China and other creditors to...

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Baltimore Seeks to Stop Crew of Bridge Collapse Ship from Leaving U.S – (Video)

2 min read

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Baltimore Seeks to Stop Crew of Bridge Collapse Ship from Leaving U.S – (Video)

Editor June 20, 2024

BALTIMORE — Attorneys have filed a request with a federal judge to prevent crew members of the cargo...

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Major Tory Donor John Caudwell to Vote Labour, Criticizes Sunak as “Absolute Dud”

2 min read

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Major Tory Donor John Caudwell to Vote Labour, Criticizes Sunak as “Absolute Dud”

Editor June 18, 2024

By Julian Jansen Billionaire John Caudwell, a major donor to the Conservative Party, has announced he will...

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