Sri Lanka has issued 538 soft alcohol licences under regulations started in 2022 to support the tourism sector, State Minister for Finance Ranjith Siyambalapitiya said
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Sri Lanka’s personal income tax hikes have hit economic activity in the first quarter though currency stability helped businesses cut prices, Hemas Holdings, a top consumer goods group said
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Fortune teller Andara Maanage Chandani, who runs a small shrine at her home near Colombo, says she used to make enough money to buy clothes for all eight members of her family every Sri Lankan New Year, which falls this week
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Sri Lanka Cricket (SLC) earned 6.3 billion rupee in the year 2022, the sports body’s highest ever annual net income, according to the national board
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The recent tax proposals have created quite a ruckus in all quarters of Sri Lanka. While the popular opinion was that economic reforms would be opposed by the poor and the trade unionists, those who understand the political economy of Sri…
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By Chandrasena Maliyadde At the time of gaining independence 74 years ago, Sri Lanka was a prosperous country that was recognized as a model economy with a per capita income of $120, on par with Japan. At that time, the per capita income…
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By Sabrina Tavernise The birth-rate declined for the sixth straight year in 2020, the federal government reported Wednesday (5), early evidence that the coronavirus pandemic accelerated a trend among American women of delaying pregnancy.…
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COLOMBO  – Sri Lanka will give a Rs 100,000 a month tax relief for personal income tax payers who invest in government securities, shares of listed companies, and housing loan and medical insurance will also be deductible, Prime Minister…
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