Sri Lanka’s tourism sector is expecting a multiplier effect across all key source markets following United Kingdom’s recent update on the travel advisory for Sri Lanka, which will immediately result in a significant boost in tourist arrivals in the upcoming summer season.

The US has expressed support for Sri Lanka's security and sovereignty and its ongoing efforts to complete the fiscal, monetary, and governance elements of its IMF bailout programme.

Power and Energy Minister Kanchana Wijesekera spearheaded a high-level discussion with the visiting South Asia Regional Director of the International Finance Corporation (IFC) to explore avenues for advancing renewable energy projects and electricity sector reforms in Sri Lanka.

The soft pedalling by the Government to carry out crucial reforms of State Owned Enterprises is forcing taxpayer’s wallets to take the brunt of the hit, Advocata Institute said yesterday.

Sri Lanka's State Finance Minister Shehan Semasinghe called on US Ambassador to Sri Lanka Julie Chung in Colombo, ahead of his trip to Washington for the IMF Spring Meeting.

For the fiscal year 2022/23 (April to March), tax concessions resulted in a total of LKR 978 billion in foregone revenue, the government reported yesterday (31 March).

Startling revelations surfaced in Parliament regarding the exorbitant profits reaped by a select few businessmen who imported B onions over the past year.

Sri Lanka Computer Emergency Readiness Team (SLCERT) requested people not to click on links shared on social media platforms claiming to receive presents given by popular brand names and their trade marks.

A Japanese investor has stepped up to breathe new life into Pettah’s floating market and spearhead the revamp to the iconic landmark underlining Sri Lanka’s position as a premier tourist destination.