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Primary deficit will widen to 1.9-pct of GDP with new tax cuts & exemptions: IMF Mission

Sri Lanka, Feb. 8 -- IMF staff concluding a visit to Sri Lanka expects that the country's primary deficit could widen further to 1.9 percent of GDP in 2020, due to newly implemented tax cuts and exemp... Read More


Ready to say goodbye to Speaker post: Karu Jayasuriya

Sri Lanka, Feb. 8 -- Karu Jayasuriya says that he is ready to say goodbye to the post of Speaker and urged the people to appoint persons who can be called Honorable Members of Parliament for the next ... Read More


SriLankan strengthens presence in US, Europe via Qatar Airways codeshare

Sri Lanka, Feb. 7 -- SriLankan Airlines is strengthening its presence in the US and European markets through the expansion of its existing codeshare agreement with Qatar Airways, with additional conne... Read More


Opinion: Measuring poverty within Sri Lanka's new reality as upper-middle-income country

Sri Lanka, Feb. 7 -- Wimal Nanayakkara Sri Lanka achieved 'Upper Middle Income Country' (UMIC) status in July 2019, as the country's Gross National Income (GNI) increased from USD 3,840 per capita in... Read More


PUCSL asks CEB for explanation regarding recent power outages

Sri Lanka, Feb. 7 -- The Public Utilities Commission of Sri Lanka (PUCSL), the electricity regulator is seeking an investigation report on the recent power outage from Ceylon Electricity Board (CEB), ... Read More


Outlook 2020 Forum to feature interactive panel discussion

Sri Lanka, Feb. 7 -- The Chamber Academy will host the Ceylon Chamber's annual Economic Outlook forum for 2020 on 10 February. The event serves as a good opportunity for the private sector to understa... Read More


Sri Lanka official reserves at USD7.5bn by end January

Sri Lanka, Feb. 7 -- Sri Lanka's gross official reserves were 7.5 billion US dollars (USD7,526mn) by the end of January, down from 7.6 billion US dollars in December, the latest Central Bank data show... Read More


MillionSpaces takes centre-stage at SLASSCOM's Innovation Awards 2019

Sri Lanka, Feb. 7 -- MillionSpaces, an online marketplace where users discover and book unique spaces and venues for various events, was bestowed with the 1st Runner-Up for the highly-coveted 'Best Di... Read More


Our message is same for Tajikistan, Pakistan or Sri Lanka: US Ambassador Wells

Sri Lanka, Feb. 7 -- US Ambassador Alice Wells says that on Belt and Road Initiative or on China-Pakistan Economic Corridor, their message is the same whether they are engaging with Tajikistan, Pakist... Read More


Tribute: Ladies College girl Viola Welikala turns 100 today

Sri Lanka, Feb. 6 -- Some say only the good die young, however, I can assure you that this is not the case. Today at age 100, one of the unknown greats is still very much alive in mind, body and soul.... Read More