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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The government of Sri Lanka should ensure that policies to enhance revenues do not further erode economic and social rights and that anti-corruption reforms provide accountability, Human Rights Watch (HRW) said on Wednesday (29)
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Sri Lanka stocks slipped 3.12% on Monday (6) to its lowest close in near four weeks as both political and economic uncertainties dented investor sentiment, brokers said
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Sri Lanka is in talks with the International Monetary Fund (IMF) to borrow at least $3 billion via the lender's extended fund facility (EFF), sources familiar with the matter told Reuters
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Sri Lanka has raised value added tax to 12% from 8% with effect from June 1 through an extraordinary gazette published at midnight on Tuesday (May 31) as attempts are made to contain a runaway budget deficit engineered in 2019 by Keynesian…
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COLOMBO– Sri Lanka stocks closed at a new all-time closing high on Monday (15), recovering from an initial plunge due to panic selling of financial sector shares over budget announcements. On Friday (12), the finance minister proposed a…
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