The Inland Revenue Department (IRD) of Sri Lanka has announced a significant tightening of quarterly tax reporting rules for banks and financial institutions, a move
Sri Lanka’s ICT industry – often hailed as a beacon of modernisation, export growth, and skilled employment – is warning of a major setback in
Sri Lanka’s economy is at a critical juncture in 2025 as the United States, under President Donald Trump, imposes a 30% tariff on all Sri
Sri Lanka is gearing up for what could be its most ambitious push yet into the digital economy. The country’s first-ever dedicated FinTech Summit, scheduled
In today’s fast-evolving global economy, sustainability isn’t just a buzzword—it’s a business imperative. As climate change, economic instability, and resource scarcity continue to affect countries
While the Middle East may seem distant from Sri Lanka on the map, the realities of our interconnected world mean that turmoil in that region
Foreign Direct Investment (FDI) is more than just capital inflow—it’s a sign of confidence. When a foreign investor chooses to back a country, they’re placing
A Familiar Call: Protect Local, Buy Local Earlier this month, Sri Lanka’s Science and Technology Minister made headlines calling for the protection and revival of
By Lanka Biz News A Broken System in Urgent Need of Fixing Sri Lanka’s economy is slowly finding its feet again, but much of the
In mid-June 2025, Gita Gopinath — First Deputy Managing Director of the International Monetary Fund (IMF) — arrived in Sri Lanka for a two-day visit.
