Sri Lanka risks reversing the crucial energy reforms, unless it holds the line on the 2024 Electricity Act, the Advocata ...

With Sri Lanka’s new 18 percent Value Added Tax (VAT) on foreign digital services now a settled policy taking effect this October, focus has sharply shifted to its potential economic fallout. ..

Economic Development Deputy Minister Dr. Anil Jayantha told Parliament yesterday that the imposition of an 18 percent Value Added Tax (VAT) on digital services is intended to create a level playing ...

Seylan Bank’s Basel III-compliant debenture issue was oversubscribed within hours of opening yesterday, having received applications for over 150 million debentures, amounting to Rs.15 billion. ..

Commercial Bank of Ceylon launched Sri Lanka’s first artificial intelligence (AI)-powered SME Credit Underwriting Solution, taking a transformative step in reshaping how the small and medium ...

C M Holdings PLC has announced a proposal for a 10-for-one subdivision of its ordinary shares, a move aimed at increasing the liquidity of its shares in the market, according to a stock filing with ...

Sri Lanka’s domestic clothing brands are calling for a drastic 300 to 400 percent increase in the Commodity Export Subsidy Scheme (CESS) levy on the imported apparel, arguing it is a critical step to ...

Daraz Sri Lanka, in partnership with the National Enterprise Development Authority (NEDA) under the Ministry of Industry and ...

Yesterday carried forward the subdued tone of the previous day, with the secondary market remaining lacklustre. While there ...

Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, announced the launch of Dialog e-Load Super Blast—amega rewards campaign that elevates digital top-ups by offering over Rs.150 million in ...

Was Sita held captive by Ravana in Sitavaka? Was the name Sitavaka coined after this fact? And did Ravana rule Sri Lanka five ...

Sri Lanka’s fragile fiscal recovery could stall if pending U.S. tariffs erode tax revenue and unsettle investors. Trade ...