Plans are underway to simplify Sri Lanka’s tax system for the upcoming year, making it both highly efficient and user-friendly, according to Deputy Minister of Economic Development Nishantha Jayawardena. Speaking at the official launch of the digital signature and paperless customs declaration system, the Deputy Minister emphasized that the government is taking decisive steps to […]
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Sri Lanka’s Central Bank bought a net US$64.2 million in September, official data showed, amid depreciation pressure on the local currency that touched a four-year low in the May this year. The rupee fell 0.9 percent in September, the Central Bank has said. The Central Bank bought US$85 million from the domestic foreign exchange market […]
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The absence of a staff-level agreement does not mean that the International Monetary Fund’s Extended Fund Facility (EFF) programme is off track, IMF Resident Representative for Sri Lanka Martha Tesfaye Woldemichael has said. Discussions can require additional time to reach agreement on key policies and parameters she told the Sampath Bank Economic Forum 2026. Sri […]
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The St. Peter’s College Old Boys’ Union (OBU) today announced a year-long program of celebrations marking its Centenary: 100 years since the Union’s founding in 1927. The announcement was made at a media briefing at the Patron’s Auditorium, St. Peter’s College OBU Secretariat, attended by members of the media and the OBU’s Centenary Organizing Committee. […]
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By Michelle Therese Alles The National Gem and Jewellery Authority (NGJA) is working on policy and regulatory reforms to boost Sri Lanka’s gem and jewellery industry, including relaxing regulations that may leave room for unlawful or unethical practices. Speaking at the launch of JEWELS 2026, the International Gem and Jewellery Exhibition and Competition organised by […]
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Sri Lanka’s external current account recorded a surplus of $ 133 million in August following four consecutive months of deficits. The surplus was supported by the lower trade deficit compared to recent months, reflecting lower import expenditure. The current account recorded a cumulative deficit of $ 291 million during January-August, reflecting pressures on the external […]
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Education New Zealand Manapou ki te Ao (ENZ) has partnered with Booker Prize-winning author and New Zealand alumnus Shehan Karunatilaka at the Colombo International Book Fair (CIBF), bringing students, aspiring writers, educators and readers together through a series of literary engagements focused on storytelling, imagination and learning. Karunatilaka, who studied at Whanganui Collegiate School and […]
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Child Action Lanka marked a significant milestone as it celebrated its 20th Anniversary with a colourful and inspiring event held at the Tower Hall Theatre in Maradana. The celebration brought together partners, volunteers, children, community members, well-wishers, and supporters who have contributed to the organisation’s remarkable journey over the past two decades. Among them long-time […]
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Sampath Bank PLC has launched Sampath Book Finder, Sri Lanka’s first community-powered book discovery platform, giving visitors to the Colombo International Book Fair a faster and more seamless way to find the books they are looking for across the fair’s 150+ stalls, while also opening up new opportunities to discover titles recommended by fellow readers. […]
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Hayleys Mobility Limited, the mobility sector of Hayleys Fentons Limited, has entered into a strategic partnership with Siyapatha Finance PLC through the signing of a Memorandum of Understanding (MoU), providing customers with greater access to flexible and tailored vehicle financing solutions across its growing passenger and commercial mobility portfolio. The partnership combines Hayleys Mobility’s expanding […]
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