Sri Lanka posted an overall budget surplus of 9.5 billion rupees for the first half of the year. This marks a major reversal from the steep 405.6 billion rupee deficit recorded during the same period last year.
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The Ceylon Chamber of Commerce hosted a high-level business delegation from China’s Yunnan Province to implement new “Three Free,
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Presenting itself as a strategic gateway to South Asian markets, Sri Lanka launched the “Sri Lanka Connect 2026” bilateral business and investment forum at the JW Marriott Hotel in Jakarta. The delegation highlighted sweeping structural reforms and improved ease of doing business to attract Southeast Asian capital. Diversifying foreign direct investment (FDI) pathways toward the ASEAN region reduces historical reliance …
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Sri Lanka has launched the Proceeds of Crime Investigation Division (PCID) to trace and recover assets acquired through corruption and criminal activity. Established under the newly passed Proceeds of Crime Act,
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Sri Lanka’s public spending on education remains among the lowest in the developing world,
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Sri Lanka marked a new milestone in its tourism revival with the launch of the Grand Serendib Colombo, the country’s first AI-powered hotel project, inaugurated on October 10 at the Shangri-La Hotel Colombo.
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Projects such as Kankesanthurai (KKS) Port and Jaffna Airport expansion cannot afford to be caught in political transitions,
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Sri Lanka’s corporate sector is facing a sweeping transformation following the enactment of the Companies (Amendment) Act No. 12 of 2025, a key IMF-backed reform aimed at enhancing transparency and accountability.
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Sri Lanka is confronting a growing challenge in meeting its US$7 billion foreign reserve target for 2025, as stipulated under the IMF’s Extended Fund Facility program
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Weekly Political Review
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