President Wickremesinghe says establishment will help facilitate funding to improve competitiveness of industries

KPMG in India, a global network of professional firms providing Audit, Tax and Advisory services.has made all arrangements to host its 31st All India Partners Meet in Colombo, from 20-22, June.

President Ranil Wickremesinghe today announced forthcoming negotiations with creditor countries and also revealed plans to boost Sri Lanka’s industrial sector.

Sri Lanka railways is to embark on a transformational journey of modernisation, upgrading stations and enhancing services with public private partnerships amidst current financial constraints, Transport Minister Bandula Gunawardana said.

SriLankan Airlines recently entertained the first-ever group of veteran journalists from top Nepali media outlets for a familiarization tour of Sri Lanka, aiming to boost inbound tourism from Nepal.

Cash rewards to traffic police officers have been increased through a special circular issued by IGP Deshabandu Tennakoon.

President Ranil Wickremesinghe stated that the country is striving to develop the best education system in South Asia, tailored for the future.

The International Monetary Fund (IMF), in its latest report on Sri Lanka has proposed an imputed rental income tax from owner-occupied and vacant residential property to be introduced by April 1, 2025, with an exemption threshold and a graduated tax rate schedule.

A silver lining splashed on the dark clouds over the Sri Lanka economy this week following the International Monetary Fund’s executive board approval for 2024 Article IV Consultation and Second Review under the 48-month Extended Fund Facility on Wednesday 12.