Business

Economic growth hits 4.7% in 2Q24

7 hours ago

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Sri Lanka’s economy is experiencing a ‘Goldilocks’ moment, with growth accelerating while inflation remaining subdued and the external sector strengthening. Robust inflows from exports, tourism,

Sri Lanka must avoid election-driven economic populism: IPS

Sri Lanka must avoid election-driven economic populism: IPS

7 hours ago

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Sri Lanka must avoid making economically unsound promises ahead of upcoming elections, which could jeopardise long-term growth, the Institute of Policy Studies (IPS) warned.

Fresh boost for local female entrepreneurs with upcoming SheTrades Hub

Fresh boost for local female entrepreneurs with upcoming SheTrades Hub

7 hours ago

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Sri Lanka’s female entrepreneurs are set to receive a fresh boost with plans underway to establish a ‘SheTrades Hub’ in the island nation.

Sri Lanka’s tea production likely to hit rock bottom this year: PA

Sri Lanka’s tea production likely to hit rock bottom this year: PA

7 hours ago

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Sri Lanka’s tea production is expected to fall to its lowest levels in recent history this year, dropping well below the target of 300 million kilograms, according to the Planters’ Association of

Ceylinco Life motivates future leaders with Rs.22mn in new ‘Pranama’ scholarships

Ceylinco Life motivates future leaders with Rs.22mn in new ‘Pranama’ scholarships

7 hours ago

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A group of 152 young Sri Lankans recognised as high potential next-generation leaders of the country received valuable motivation in the form of ‘Pranama’ scholarships from Ceylinco Life recently,

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

Heartbreak for Yupun as he falls in 100m heats

SL economy outperforms in 1Q, but uncertainty looms due to elections: ADB

19 Jul 2024

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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).

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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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