The government has announced that Value Added Tax (VAT) at 18% will be imposed on income earned through online services provided by foreign individuals and platforms to users in Sri Lanka, effective ...

Indian companies are increasingly drawn to Sri Lanka for expansion due to strong cultural and historical ties, according to ...

Indian companies see expansion opportunities in Sri Lanka due to cultural ties and geographical proximity. With India rapidly ...

In an era of transformation for Sri Lanka’s plantation sector, Kahawatte Plantations PLC (KWPL) has emerged as a formidable ...

Sri Lanka's economic outlook remains positive, but global trade policy uncertainties pose significant risks to macroeconomic ...

Sri Lanka and China have signed two Memoranda of Understanding to set up a working group on trade facilitation, and on industrial and supply chain cooperation. “China and Sri Lanka have taken steps to ...

Sri Lanka and China strengthen economic ties through trade facilitation and industrial cooperation agreements, boosting investment opportunities.

Sri Lanka’s recently elected President Anura Kumara Dissanayake’s political coalition, the National People’s Power (NPP), won an overwhelming amount of support from the majority Sinhalese community as ...

Beijing's rising influence in Sri Lanka and the wider Indian Ocean region has been a major source of concern for New Delhi.

This March marks the mid-point of Sri Lanka’s four-year economic reform program supported by the International Monetary Fund (IMF). In the two years since its inception difficult but much needed ...

As Sri Lanka emerges from its worst economic crisis, the new government faces the challenge of balancing recovery with sustainable growth.

China and Sri Lanka agreed on more investment and economic cooperation on Wednesday as China's President Xi Jinping met recently-elected Sri Lankan President Anura Kumara Dissanayake in Beijing.