Indian companies who have expanded and become competitive under Free Trade Agreement are now looking to expand abroad and Sri ...

Under an IMF-recommended amendment to the National Audit Act (NAA), the Auditor-General (AG) will be bound to notify the Chief Accountant of an audited entity to “immediately” complain to law ...

The Bangladesh Bank (BB) is unlikely to reduce the policy or repo rate for the second half of this year as inflation ...

The casino economy became a magnet for organized crime, money laundering, prostitution, and loan sharking. Melco Resorts, a key player in Macau’s rise, now brings this same model to Colombo. The ...

Sri Lanka is planning to discontinue a senior citizen interest subsidy scheme after abuse, after massive cost overruns and ...

Small and medium sector entrepreneurs (SMEs) which is the most vulnerable sector to internal and external shocks is again in ...

Sri Lanka’s export industries – especially the apparel sector, have long depended on efficient tax mechanisms to remain competitive in global markets. But one persistent bottleneck has threatened that ...

It’s clear that imperialist powers do not care about human lives when it comes to their economic and other goals.” — railway ...

The International Monetary Fund has advised Sri Lanka of strict compliance for restoring fiscal sustainability and said the ...

Sri Lanka secured a crucial nod from the International Monetary Fund (IMF) on Tuesday, as its Executive Board approved the authorities’ request for a waiver on missed quantitative performance targets ...

Sri Lanka is on track for a significant economic turnaround, with analysts predicting the nation will attract investors to ...