Business

SL has set a “powerful platform” for sustainable economic growth for next 3-5 years: Ruchir Desai

21 Jan 2025

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Sri Lanka has now set a powerful platform for sustainable economic growth not only in 2025 but also with a three-to-five-year view, a top fund manager said.

CBSL issues fresh alert on illegal pyramid schemes

CBSL issues fresh alert on illegal pyramid schemes

21 Jan 2025

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The Central Bank of Sri Lanka (CBSL) yesterday issued a fresh warning to the public against the entities engaged in pyramid schemes.

Subdued 3Q25 for LIOC on lower fuel prices

Subdued 3Q25 for LIOC on lower fuel prices

21 Jan 2025

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Lanka IOC (LIOC) reported a revenue of Rs.62.46 billion for the September-December quarter (3Q25), which showed a 13 percent decline from the same period in 2023.

President Dissanayake to engage in fireside chat at Sri Lanka Economic Summit next week

President Dissanayake to engage in fireside chat at Sri Lanka Economic Summit next week

21 Jan 2025

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Sri Lanka’s private sector will have the opportunity to witness firsthand President Anura Kumara Dissanayake engaging in a fireside chat at the Sri Lanka Economic Summit, set to kick off next week.

UK buyers to dive deep into SL tea craft

UK buyers to dive deep into SL tea craft

21 Jan 2025

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The tea buyers from the United Kingdom will experience firsthand the artisanal tea harvesting methods and distinctive processing techniques used in Sri Lanka to craft premium, curated teas.

Heartbreak for Yupun as he falls in 100m heats

New Year New Challenges New Opportunities

01 Jan 2025

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As 2024 came to a close, Sri Lanka made significant progress in addressing, to a great extent, some of the critical issues that plunged the nation into crisis.

Heartbreak for Yupun as he falls in 100m heats

Effective taxation and combating corruption

25 Jul 2024

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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

Heartbreak for Yupun as he falls in 100m heats

Proposed 13% primary expenditure rule for Sri Lanka departs from economic theory and practice

24 Jul 2024

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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

More in Business

Economy

CBSL says no intention of regulating interest rates

CBSL says no intention of regulating interest rates

29 Jul 2024

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​The Central Bank last week said it does not want to intervene in setting the interest rates, and will leave them to market forces.

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