In its effort to secure the programme with the International Monetary Fund (IMF) to revive the crisis ridden economy, the Sri Lankan authorities are requesting the Chinese authorities to be more accommodative in its cooperation for this purpose, Daily Mirror learns.

Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index decreased to 54.2% in January 2023 from 57.2% in December 2022. http...

The price of Octane 95 petrol has been increased Rs. 400 per litre with immediate effect. https://www.ft.lk/front-page/Petrol-92-price-up-by-Rs-30/44-744842 For a descriptive understanding of how...

The Government’s desperate move of increasing income tax to a very high level under the new tax reforms fulfilling one of the commitments for the US$2.9 billion IMF extended fund facility has hit hard the high income earners and professionals below the belt.