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President Ranil Wickremesinghe emphasized the government s aim to create a highly competitive, export-oriented economy based on market economy, expressing full faith in the business community of the country. MORE..

27 Apr 2024 (11:47 PM)

Steps are being taken to increase the interest rate of the Employees Provident Fund (EPF) from the existing 9% to 13% with effect from 2023, State Minister of Finance Ranjith Siyambalapitiya said. MORE..

28 Apr 2024 (6:22 PM)

The Committee of Public Finance (COPF), at its most recent meeting, has examined the effectiveness of recent tax increases on tobacco and liquor, aimed at discouraging consumption and boosting government revenue. MORE..

27 Apr 2024 (5:35 PM)

The 22nd ASEAN Regional Forum (ARF) Inter-Sessional Meeting on Disaster Relief was held virtually earlier this week, hosted by Vietnam and co-chaired by Bangladesh, Sri Lanka and Vietnam, and attended by 55 participants from ARF member countries. MORE..

27 Apr 2024 (4:55 PM)

US Defense Secretary Lloyd Austin announced on Friday a $6 billion long-term military aid package for Ukraine the largest to date which will allow the US to purchase new equipment produced by the American defense industry for the Ukrainian military. MORE..

27 Apr 2024 (3:26 PM)

State Minister of Finance Shehan Semasinghe says that Sri Lanka s economy has been stabilized with the continuous appreciation of Sri Lankan Rupee, and the growth is now emerging. MORE..

28 Apr 2024 (2:37 PM)