Sri Lanka will not be able to afford a large public sector in the near future and will soon need to start reducing the number of state employees, a senior advisor to the president said yesterday.
Sri Lanka has been ranked among the top five destinations in the world for long vacations in a study conducted by Ubuy India, a global e-commerce platform.
Sri Lanka’s construction industry said it is still uncertain about receiving its much-awaited tax concessions, as the industry stakeholders opine that the government’s requirement to meet the Inte
The Port of Colombo witnessed a strong resurgence in transshipment volumes for the second consecutive month in October, signalling a significant easing of congestion that had previously caused ineffic
Jean-Baptiste Colbert, who served as the French Minister of Finance under King Louis XIV, once said, “The art of taxation consists in so plucking the goose as to obtain the largest possible amount o
On May 22, 2024, the government of Sri Lanka gazetted the Public Financial Management (PFM) Bill, aiming to implement wide-ranging reforms to enhance transparency, accountability and control of public
Sri Lanka’s economy outperformed expectations in the first quarter, but the outlook for the rest of the year and beyond remains uncertain, according to the Asian Development Bank (ADB).
The Central Bank last week said it does not want to intervene in setting the interest rates, and will leave them to market forces.
National prices accelerate to 2.4% in June
CICRA Campus partners with BDO Sri Lanka
UBION & KOICA conduct capacity building training
Mûve sets eye on expanding talent pool in Sri Lanka
Brandix Sri Lanka’s largest Corporate Blood Donor again
PB organizes blood donation camp to mark anniversary