Sri Lanka has extended a food tax on potatoes to around 60,000 rupees a tonne (about 205 us dollars) but slashed a tax onion ...

Given the past record of of President Donald Trump in raising import tarriffs, Colombo based Institute of Policy Studies has ...

Sri Lanka is consolidating its status as a nation embracing sustainable and inclusive growth. Production growth and ensuring ...

Since then, a $2.9 billion bailout loan from the International Monetary Fund, tax hikes and other austerity measures have ...

Sri Lanka was once a pioneer of free-market capitalism in South Asia. After J.R. Jayewardene took power with a super-majority ...

The Export Development Board (EDB) is pushing for strengthened trade relations with India, its third-largest export ...

The International Monetary Fund (IMF) has approved the third review of Sri Lanka’s $2.9bn bailout but warned that the South ...

Sri Lanka experienced a historic deflation of 2.1% in November, marking the highest rate of price decline since 1961, as per ...

Sri Lanka’s central bank set its new single benchmark interest rate at 8% to bolster the economy’s recovery from the worst ...

Moody's has placed Sri Lanka's Ca long-term foreign currency rating on review for an upgrade, the credit ratings agency said ...

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri ...