Fitch Ratings has upgraded Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘RD’ (Restricted Default)
The government has decided to further ease certain restrictions imposed on outward remittances for a six month-period until June next…
The government has extended the temporary lifting of rice import restrictions, allowing private importers to bring in rice without a…
Central Bank (CBSL) yesterday said it has taken proactive measures to address the alarming increase in prohibited schemes under Section…
Ahead of the 2025 Sri Lanka Cricket (SLC) elections, SLC said that its membership at an extraordinary general meeting has…
If hybrid vehicle imports are taxed based on their engine capacity, it will satisfy both consumers and the government, while…
The IMF Executive Board is expected to convene in the coming months to review the Staff-Level Agreement on the Third…
The Cabinet of Ministers has granted approval for the import of up to 30,000 metric tons of non-iodized salt by…
Asian Development Bank (ADB) and Ceylon Electricity Board (CEB) signed an agreement on Thursday for the ADB to provide a…
The Cabinet of Ministers has approved the extension of the compulsory age limit of retirement for government medical officers up…