Notable
Wages and pensions shot up from 52 to 86 cents of every tax rupee under fiscal 'stimulus'
We have been asked not to print money
“We may see a trend of people leaving the tax net the heavier their tax burden becomes."
Businesses in Sri Lanka are preparing for a tax shock from this month
The loan is the first part of a 300 million dollar program
Interest rates on loans will be 2.1-pct or less
Sri Lanka's budget deficit has narrowed 10 percent in absolute terms to Rs280.5 billion in the five months to May from R...
Sri Lanka is considering another hike in the tobacco tax, and the proposal has been sent for finance ministry observatio...
Sri Lanka will follow a 'Swiss Challenge' process to entertain unsolicited proposals made to the government on future pr...
ECONOMYNEXT - Sri Lanka's Supreme Court has refused to consider the VAT amendment bill because the finance minister had ...
A Sri Lankan villager in a remote area will not care if loss-making SriLankan Airlines is privatised, but the government...
Sri Lanka is to introduce a law to state-owned enterprises and set up a Public Enterprise Board with top executives sour...
Sri Lanka needs structural reforms for sustained growth, and monetary policy has to play a stabilization role to allow p...
ECONOMYNEXT - Sri Lanka can boost customs revenue by Rs700 billion to Rs1,500 billion a year by installing scanning mach...
Sri Lanka has engaged in large scale mis-spending that has pushed up debt, and has to re-think subsidies, but cutting en...
Sri Lanka's budget deficit has narrowed to 2.7 percent of estimated gross domestic product for 2016, down from 2.7 perce...
| Latest | Last | |
|---|---|---|
| US Dollar | 331.7485 | 330.8514 |
| UK Pound | 443.7468 | 438.3450 |
| Euro | 372.5204 | 371.0168 |
| Yen | 2.0969 | 2.0916 |
| Aus Dollar | 233.0533 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.4948 | 3.4202 |
| Korean Won | 0.2499 | 0.2479 |
| Oman Rial | 861.6397 | 859.3320 |
| Saudi Riyal | 88.4403 | 88.0955 |
| UAE Dirham | 90.3209 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 5,656.91 | -0.43% |
| CSE All Share | 19,927.30 | -0.28% |
| Turnover Rs | 1457.79 million | 1193.67 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Sri Lanka’s government has decided to give tax relief that benefit mainly small and medium enterprises which leas...
Sri Lankan government tax collections remain insufficient with only a relatively few companies and individuals shoulderi...
SriLankan tax payers have just paid out 80 million dollars (about 11.7 billion Sri Lanka rupees) to bailout state carrie...
Frequent changes to tax regimes create uncertainty, U.S. Treasury Secretary Jack Lew said on Saturday at a G20 meeting o...
ECONOMYNEXT – The Bank of Tokyo – Mitsubishi UFJ Ltd. (BTMU) has agreed to give a concessional yen loan eq...
The World Bank is giving Sri Lanka a loan of US$55 million to improve urban services, preserve cultural and environment ...
Sri Lanka's cabinet of ministers had approved a budget deficit of 4.7 percent of gross domestic product for 2017, down f...
The bulk of the debt service relating to projects implemented by the National Water Supply and Drainage Board will be gi...
ECONOMYNEXT - Sri Lanka will call offers for investment into two state-run hotels and a hospital shortly, Prime Minister...
Sri Lankan businesses can only charge value added tax and nation building tax at rates that prevailed before May 02, unt...
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
2 min read