Read the latest news from regional and global sources, presenting different voices and perspectives.
Sri Lanka sells extra Rs7.97bn Treasury bills after auction
EconomyNext
·
July 4, 2025
ECONOMYNEXT – Sri Lanka’s central bank has appointed an administrator to run the Nation Lanka Finance Plc, using its new powers to resolved troubled banks and finance companies, after the firm failed to meet capital requirements and regulations....
Sri Lanka’s digital economy targets 5x growth: Dr. Hans Wijayasuriya
Daily FT
·
Keynote Speech by Chief Adviser to the President on Digital Economy Dr. Hans Wijayasuriya at Sri Lanka’s first-ever Data Privacy and Protection Summit 2025 organised by CICRA Holdings and Daily FT yesterday in Cinnamon Lakeside Colombo – Pix by...
Sri Lankan man caught at Thai airport with 3 snakes in his underwear
South China Morning Post
·
July 4, 2025
A Sri Lankan man has been arrested at an airport in Thailand after allegedly trying to smuggle three snakes out of the country by concealing them in his underwear. The man was stopped at Bangkok’s Suvarnabhumi Airport on Wednesday after a body...
Sri Lanka halts Port City, SDP tax breaks, laws to be changed in IMF benchmark
EconomyNext
·
July 4, 2025
ECONOMYNEXT – Sri Lanka has halted giving tax breaks under the Port City Act and the Strategic Development Project Act and pledged to amend the laws to define rule-based criteria and reduce the length of tax holidays, under an International...
Sri Lanka revives controversial property tax under IMF program
EconomyNext
·
July 4, 2025
ECONOMYNEXT – Sri Lanka is making initial plans to revive a property tax, under an International Monetary Fund program, according to published program documents, a bullet that was dodged by the current administration. The idea is to bring in the...
IMF Executive Board completes the Fourth Review under the Extended Fund Facility with Sri Lanka
The Island
·
July 4, 2025
The Executive Board of the International Monetary Fund (IMF) completed the Fourth review under the 48-month Extended Fund Facility (EFF) Arrangement, allowing the authorities to draw SDR254 million (about US$350 million). This brings the total IMF...
Trump says to send ’20 – 25 – 30′-pct tariff letters, as Sri Lanka awaits fate
EconomyNext
·
July 4, 2025
ECONOMYNEXT – Sri Lanka is making initial plans to revive a property tax, under an International Monetary Fund program, according to published program documents, a bullet that was dodged by the current administration. The idea is to bring in the...
ADB urges education reforms to tackle youth joblessness in Asian nations, including Sri Lanka
EconomyNext
·
July 3, 2025
ECONOMYNEXT – Youth unemployment remains high across many parts of Asia, including Sri Lanka, the Asian Development Bank has said, and countries must reform education systems and expand vocational training, while enabling youth-led enterprises....
IMF forgives Sri Lanka mis-reporting spending arrears by error
EconomyNext
·
July 4, 2025
ECONOMYNEXT – President Donald Trump has said he will he will likely send letters from Friday (Washington time) setting out import tariffs of 20 to 25 to 30 percent instead of haggling over individual items in complex trade agreements as Sri Lanka...
Why Sri Lanka needs smarter approach to tobacco tax policy
Daily FT
·
Perhaps most critically, TETSiM fails to incorporate two of the most significant realities in Sri Lanka’s tobacco landscape: the vast beedi market and illicit cigarette trade By Chathura Ranawana Sri Lanka’s tobacco taxation strategy is facing...
Languages and labour on tea estates in South India and Sri Lanka: Part 2
Himal Southasian
·
In the late 19th century, coffee plantations first in Ceylon and then in mainland India were swept by a fungal epidemic. The disease was called coffee leaf rust, and caused the slow and inevitable death of coffee plants. British planters detected...
Sri Lanka vs Bangladesh 2nd ODI: Best Dream11 Team, Pitch Report & Fantasy...
Zee News
·
As the Bangladesh tour of Sri Lanka shifts to the second ODI on July 5 at the R. Premadasa Stadium in Colombo, fantasy cricket users on Dream11 are gearing up for another competitive contest. With Sri Lanka taking a 1-0 lead in the three-match...
Sri Lanka’s Tamil parties back US-Israel war against Iran
World Socialist Web Site
·
July 4, 2025
US Ambassador Julie Chung (centre), with ITAK parliamentarians (from left): Kaveendiran Kodeeswaran, Elayathamby Srinath, Shanakiyan Rasamanickam, Thurairasa Ravikaran, Sivagnanam Shritharan, P. Sathiyalingam, Gnanamuththu Srineshan, K. S....
Sri Lanka’s fielding revolution sparks ODI resurgence
The Island
·
July 4, 2025
If there was one glaring chink in Sri Lanka’s armour during their disastrous 2023 World Cup campaign, it was their fielding. Sloppy, uninspired and error-strewn, the islanders dropped more catches than any other team, earning the unenviable tag of...
Sri Lanka's GDP to fall 1.5 percent on U.S. tariff hike: IMF
Xinhua News Agency
·
COLOMBO, July 4 (Xinhua) -- Sri Lanka's GDP could decline by up to 1.5 percent if the United States reinstates a 44 percent tariff on Sri Lankan exports and lowers tariffs on competitor trading partners, according to an IMF country report. At...
Sri Lanka–UAE trade relations bolstered through exclusive session with UAE Ambassador at National Chamber
Daily FT
·
The National Chamber of Commerce of Sri Lanka successfully hosted an exclusive Bilateral Trade and Investment Session with the gracious presence of Ambassador of the United Arab Emirates (UAE) to Sri Lanka Khaled Nasser Al Ameri on Tuesday, 1...
Sri Lanka secures € 30 m debt relief deal with Hungary
Daily FT
·
Sri Lanka has taken another key step in its ongoing external debt restructuring process, signing a bilateral agreement with Hungarian Export Credit Insurance PLC to reschedule outstanding loans valued at around € 30 million (approximately Rs. 10.5...
Sri Lanka-Greater Mekong Business Council hosts exclusive Members’ Networking Evening at Port City
Daily FT
·
Sri Lanka-Greater Mekong Business Council President Nimal Ratnayake SLGMBC Committee members and invitees The Sri Lanka-Greater Mekong Business Council (SLGMBC) of The Ceylon Chamber of Commerce hosted an exclusive Members’ Networking Evening on...
Sri Lanka unlocks new market opportunities with 15 conformity assessment accreditations by SLAB
Daily FT
·
Sri Lanka Accreditation Board (SLAB), under the patronage of the Ministry of Trade, Commerce, Food Security and Cooperative Development, marked a significant milestone with the accreditation of 15 Conformity Assessment Bodies (CABs), bolstering...
Sri Lanka Customs Surpasses Rs. 1 Trillion in Revenue in First Half of 2025
Lanka News Web
·
July 4, 2025
Sri Lanka Customs has generated over Rs. 1 trillion in revenue during the first six months of 2025, according to Media Spokesperson and Additional Director General of Customs Seevali Arukgoda. Speaking at a media briefing held today (July 3) in...