Business

LNP – Fitch Ratings optimistic on Sri Lanka’s Budget

The Sri Lankan government’s budget highlights the authorities’ commitment to raising fiscal revenues as a share of GDP - an…

2 weeks ago

LNP – Boost for digital economy with Rs.3bn budget allocation

The government has allocated Rs.3 billion for its digital transformation strategies this year, as part of its efforts to generate…

2 weeks ago

LNP – IMF Executive Board to decide on Sri Lanka’s fourth tranche on Feb. 28

The Executive Board of the International Monetary Fund (IMF) is scheduled to meet on February 28, 2025 to discuss and…

2 weeks ago

LNP – Price of bread reduced

With the Rs. 10 price reduction on a kilogram of wheat flour, the bakery owners have agreed on a price…

2 weeks ago

LNP -Budget 2025: Key Takeaways

Budget 2025 sets out a total government expenditure of LKR 7,190 billion, marking a 17% increase from the LKR 6,131…

2 weeks ago

LNP – Government to lease underutilized state-owned land to SMEs for productive economic activities

The Government is proposing to lease underutilized state-owned land to SMEs for productive economic activities under the budget 2025.

2 weeks ago

LNP – SriLankan Airlines allocated Rs. 20 billion

The budget 2025 has allocated Rs. 20 billion for national carrier SriLankan Airlines, for the repayment of the principal and…

2 weeks ago

LNP – Public sector salary increase: Minimum basic salary raised by Rs. 15,750

The government has proposed a revision to the public sector salary structure as part of the 2025 Budget, improving the…

2 weeks ago

LNP – New luxury bus service to operate under ‘Metro’ bus company

President Anura Kumara Dissanayake says that public transport systems – buses, highways and train services – will be developed and…

2 weeks ago

LNP – Sri Lanka to gradually exit use of currency notes: President on digital economic development plans

President Anura Kumara Dissanayake says that a Digital Economic Authority will be established, and a new legal framework for digital…

2 weeks ago