Sri Lanka raises taxes ahead of foreign debt deal COLOMBO: Sri Lanka slapped a new 18 percent value added tax (VAT) on fuel, mobile phones and computers from Monday ... Published 02 Jan, 2024 05:21am
World Sri Lanka raises taxes ahead of foreign debt deal COLOMBO: Sri Lanka slapped a new 18 percent value added tax (VAT) on fuel, mobile phones and computers from Monday... Published 01 Jan, 2024 10:49am
World IMF resumes Sri Lanka bailout after China’s debt deal WASHINGTON: The International Monetary Fund revived its $2.9 billion bailout for Sri Lanka on Tuesday after the... Published 13 Dec, 2023 11:16am
World Sri Lanka needs $100bn to become net zero emitter by 2040, president says COLOMBO: Sri Lanka needs $100 billion to become a net zero emitter by 2040, President Ranil Wickremesinghe said on... Published 28 Nov, 2023 08:16pm
Markets Sri Lanka’s revenue shortfall concerns IMF team COLOMBO: The International Monetary Fund is concerned about a shortfall in revenue collection by Sri Lanka’s... Published 26 Sep, 2023 06:12pm
World India, Sri Lanka agree to boost ties through energy, power and port projects NEW DELHI: India and Sri Lanka said on Friday that they had agreed to improve economic ties by increasing... Published 21 Jul, 2023 04:26pm
World Sri Lankan leader seeks to disarm India’s China fears COLOMBO: Sri Lanka’s president arrives in India on Thursday for his first visit to the regional powerhouse, with... Published 18 Jul, 2023 11:41am
Pakistan PM Shehbaz expresses gratitude to Sri Lankan president for support in IMF deal In phone call with Ranil Wickremesinghe, PM Shehbaz acknowledges role played by Sri Lanka as a friend and a well-wisher of Pakistan Updated 17 Jul, 2023 06:29pm
World Sri Lanka could exit bankruptcy by September, says president COLOMBO: Sri Lanka could exit bankruptcy by September, President Ranil Wickremesinghe said on Friday, signalling a... Updated 30 Jun, 2023 02:37pm
World Sri Lanka president to hold debt talks on France visit COLOMBO: Sri Lanka’s President Ranil Wickremesinghe is likely to discuss the crisis-stricken nation’s debt with... Updated 13 Jun, 2023 12:47pm
World Sri Lanka again delays local polls, defying court order COLOMBO: Sri Lanka again postponed local polls on Tuesday in defiance of a court order, delaying a de facto... Published 11 Apr, 2023 05:35pm
World Sri Lanka president says no side arrangements with any creditor COLOMBO: Sri Lanka will not make side arrangements with any of its bilateral or commercial creditors to reduce the... Published 14 Mar, 2023 08:43pm
World Sri Lanka president says China agrees to restructure loans COLOMBO: Sri Lanka’s president said Tuesday that China had agreed to restructure its loans to the bankrupt island... Updated 07 Mar, 2023 12:51pm
World Sri Lanka workers defy strike ban to protest rescue plan COLOMBO: Sri Lankan workers went on strike Wednesday in defiance of a government ban to protest a rescue plan for... Published 01 Mar, 2023 12:47pm
World Bankrupt Sri Lanka set to postpone local elections COLOMBO: Bankrupt Sri Lanka is set to postpone local elections due next month, according to a top official,... Published 21 Feb, 2023 04:31pm
World Sri Lanka bankruptcy to last until 2026: president COLOMBO: Sri Lanka’s president said Wednesday the island nation will remain bankrupt for at least three more years... Published 08 Feb, 2023 01:53pm
World Sri Lanka completing pre-requisites for IMF aid: President COLOMBO: Sri Lanka is completing the pre-requisites to unlock a $2.9 billion bailout from the International Monetary... Updated 04 Feb, 2023 08:24pm
World Sri Lanka economy could shrink by -3.5% to -4%, president says COLOMBO: Sri Lanka’s economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, President Ranil... Published 28 Jan, 2023 06:35pm
Business & Finance Sri Lanka aims to nearly double tax revenue by 2026, says president COLOMBO: Sri Lanka aims to nearly double its tax revenue to around 15% of gross domestic product by 2026 from 8.5%... Published 20 Oct, 2022 05:36am
World Sri Lanka aims to nearly double tax revenue by 2026, says president COLOMBO: Sri Lanka will attempt to increase tax revenues to 15% of gross domestic product by 2026 from 8.5% now,... Published 19 Oct, 2022 07:13pm
World Sri Lanka president, Chinese minister discuss debt restructuring MUMBAI: Sri Lanka’s President Ranil Wickremesinghe discussed restructuring of the country’s debt with the ... Published 17 Oct, 2022 05:57am
Business & Finance Sri Lanka looks to revive free trade deal with Singapore COLOMBO: Sri Lanka will step up efforts to revive a stalled free trade pact with Singapore, President Ranil... Published 27 Sep, 2022 12:16pm
Sports Asia Cup title lifts spirits of battered Sri Lanka COLOMBO: Crisis-hit Sri Lanka burst into spontaneous celebrations Sunday as the South Asian nation won the Asia Cup... Published 12 Sep, 2022 12:33am
Business & Finance Sri Lanka widens import ban as economic crisis persists COLOMBO: Sri Lanka tightened import restrictions Wednesday with a ban on more than 300 additional items, as an... Published 25 Aug, 2022 06:08am
World Sri Lanka frees Stalin on bail after arrest draws outcry COLOMBO: A Sri Lankan court on Monday released on bail top leftist trade union leader Joseph Stalin, whose arrest... Published 08 Aug, 2022 05:02pm
World Sri Lanka president seeks unity government to save economy COLOMBO: Sri Lanka’s new president Ranil Wickremesinghe has formally invited MPs to join an all-party unity... Published 01 Aug, 2022 05:54am
World Sri Lanka President says it’s not right time for Rajapaksa to return after fleeing country: WSJ Sri Lanka's new president Ranil Wickremesinghe said on Sunday it was not the right time for former president... Updated 01 Aug, 2022 01:17am
World Sri Lanka president’s office to reopen after crackdown COLOMBO: Sri Lanka’s besieged presidential office will reopen on Monday, police said, days after anti-government... Published 24 Jul, 2022 01:20pm
World Security forces smash Sri Lanka’s main protest camp COLOMBO: Sri Lankan security forces demolished the main anti-government protest camp in the capital early Friday and... Published 22 Jul, 2022 10:17am
World Sri Lanka’s new president to appoint ally of ousted Rajapaksa as PM COLOMBO: New Sri Lankan President Ranil Wickremesinghe will appoint an ally of the ousted Rajapaksa dynasty as prime... Published 21 Jul, 2022 08:05pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn