Economy

Significant Reduction in Sri Lanka’s Electricity Tariffs Effective Today, PUCSL Announces

1 min read

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Significant Reduction in Sri Lanka’s Electricity Tariffs Effective Today, PUCSL Announces

Editor July 15, 2024

The Public Utilities Commission of Sri Lanka (PUCSL) has approved a substantial reduction in electricity tariffs, effective...

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

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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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Restriction on Vehicle Imports to Lanka to be Lifted

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Restriction on Vehicle Imports to Lanka to be Lifted

Editor July 10, 2024

(COLOMBO) – The restriction on the import of vehicles into the country is likely to be lifted...

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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 Faces Fiscal Dilemma Over Government Employee Salary Demands

2 min read

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Sri Lanka Faces Fiscal Dilemma Over Government Employee Salary Demands

Editor July 8, 2024

Colombo, Sri Lanka – [8th of July] In a pivotal meeting chaired by President Ranil Wickramasinghe at...

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Sri Lanka to Impose Taxes on 14 Previously Untaxed Sectors

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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’s Tourism Earnings Soar to Over $1.5 Billion in First Half of 2024

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Sri Lanka’s Tourism Earnings Soar to Over $1.5 Billion in First Half of 2024

Editor July 7, 2024

Sri Lanka has reported a significant boost in tourism earnings, exceeding $1.5 billion in the first half...

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President Ranil Emphasizes Need for Fresh Economic and Political System

4 min read

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President Ranil Emphasizes Need for Fresh Economic and Political System

Editor July 6, 2024

Colombo, July 6, 2024 — In a pivotal address to the nation, President Ranil Wickremesinghe underscored the...

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