In an effort to support blended finance projects focused on climate change adaptation and mitigation, Sri Lanka proposed a 10 percent levy on the annual profits of global tax evasion assets deposited in tax havens.
The value of the US dollar and the Sri Lanka Rupee is determined by the supply and demand. If the value of the dollar rises significantly, the Central Bank of Sri Lanka (CBSL) has sufficient dollars to control it, Finance State Minister Ranjith Siambalapitiya said.
New laws are being introduced to facilitate the use of uncultivated land for agricultural purposes as land is vital for social empowerment, State Minister for Social Empowerment Anupa Pasqual said
The overall rate of inflation, as measured by the National Consumer Price Index (NCPI), has increased to 2.7% in April 2024, compared to 2.5% in March 2024, according to the latest data released by the Department of Census and Statistics.
French Ambassador Jean-François Pactet expressed optimism yesterday that Sri Lanka’s debt restructuring process could be concluded ‘very fast’ but declined to elaborate on more details
More than 33,000 people in ten districts have been affected due to adverse weather conditions around the country, Disaster Management Centre (DMC) Assistant Director Pradeep Kodippili said.
C. W. Mackie PLC, a diversified conglomerate with over a century's heritage in manufacturing, exporting,
NPP leader Anura Kumara Dissanayake is ready to participate in the proposed debate with Samagi Jana Balawegaya (SJB) leader Sajith Premadasa on June 6, NPP Executive Committee member Dr. Nalinda Jayatissa said yesterday.
Elon Musk has accepted an invitation by President Ranil Wickremesinghe to visit Sri Lanka this year to launch his Starlink satellite internet service.
At the 10th World Water Forum in Bali, Sri Lanka's Minister of Water Supply Jeevan Thondaman announced a significant partnership with the World Bank.