Lankanwespapers - Sri lanka's Largest Open News Forum

Tourism earnings up 12.5% Jan-Aug

2018-10-02 | Business

Tourism earnings during the first eight months as well as during the month of August this year reflected the same trend as arrivals to the country. Ac...

Dr. De Silva pulls out from Investors’ Forum in London

2018-10-01 | Business

State Minister of National Policies and Economic Affairs Dr Harsha de Silva has pulled out from speaking at an Investors’ Forum to be held in at the...

MR blames free trade policies for rupee depreciation

2018-09-26 | Business

Claims his government managed 2008 crisis without people suffering Blames current administration’s policies for depreciating rupee and not ...

GOVT. TO CURTAIL IMPORTS - PM

2018-09-25 | Business

To overcome currency crisis massive loans obtained by previous regime, main cause. Prime Minister Ranil Wickremesinghe yesterday said that the g...

Sri Lanka stops import of Iranian oil ahead of sanctions

2018-09-19 | Business

The South Asian country had earlier imported nearly all of its crude from Iran Sri Lanka has stopped crude imports from Iran and is actively switchin...

Data science, AI focus to achieve $5bn Sri Lanka IT export target

2018-09-17 | Business

Sri Lanka’s information technology industry will prioritise data science and artificial intelligence in its drive to sharply increase exports despit...

PM calls on private sector to get involved in education reform

2018-09-17 | Business

Prime Minister Ranil Wickremesinghe on Friday (14 September) called on the private sector to set up educational institutions to cater to the emerging ...

Sri Lanka tourist VAT refund to draw luxury retail investments, shoppers

2018-09-12 | Business

The new value added tax (VAT) refund scheme for tourists could help draw investments by international retailers to Sri Lanka as well as foreign visito...

Sri Lanka budget gap contained by June 2018, despite weak revenues

2018-09-12 | Business

Sri Lanka's tax revenues grew 3 percent to 845.3 billion rupees in the six months to June 2018, and current spending grew at a faster 8 percent to 995...