ECONOMYNEXT – A recent statement by President Ranil Wickremesinghe over a Supreme Court decision against a planned gender equality law and comments by Justice Minister Wijedasa Rajapakse also in parliament amounts to intimidation of the judiciary, a lawyer’s grouping has…
ECONOMYNEXT – Sri Lanka’s central bank staff could continue to get high salaries for up to five years, and not three years as set out in a collective agreement, a committee that went into the matter after a public outcry…
ECONOMYNEXT – The Ceylon Chamber of Commerce has signed an agreement with the Southern Gujarat Chamber of Commerce and Industry (SGCCI) to increase trade cooperation between India and Sri Lanka. The MOU was signed by CCC CEO Buwanekabahu Perera, SGCCI…
ECONOMYNEXT – Sri Lanka’s central government debt has fallen to 100.56 percent of gross domestic product by March 2024, down from 104.49 percent, amid economic recovery and exchange rate stability, official data shows. Sri Lanka’s economy grew 8.4 percent nominally…
ECONOMYNEXT – Sri Lanka will go for the island nation’s 8th presidential poll to elect a new leader for the next five years later this year between September 17 and October 16. The election comes two years after President Ranil…
ECONOMYNEXT – Sri Lanka will charge taxes on owner occupied and vacant residential houses on imputed or ‘imaginary’ rents from April 2025 on tax hikes under an International Monetary Fund deal after aggressive macroeconomic policy pushed the country into sovereign…
ECONOMYNEXT – Managers of Sri Lanka’s private plantations have called for justice after a cabinet minister stormed an estate demanding the re-instatement of suspended workers who had assaulted people involved in crop diversification. Plantations Infrastructure Minister Jeevan Thondaman entry to…
ECONOMYNEXT – Sri Lanka’s state-run Ceylon Petroleum Corporation has made profits of 120.3 billion rupees, helped by a 20 billion forex gain and a lower interest bill, compared to 617 billion rupees when the currency collapsed in the previous year.…
ECONOMYNEXT — National People’s Power (NPP) leader Anura Kumara Dissanayake will dissolve parliament the same night his victory is announced at Sri Lanka’s upcoming presidential election, Dissanayake said. At a party event in Hambantota on Sunday June 09, Dissanayake said…
ECONOMYNEXT – Sri Lanka’s Capital Alliance group said its CALOnline investment platform has been enhanced to make it easier for retail investors in particular to access and invest in Treasury bills, stocks and unit trusts. The CAL group has divisions…
