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Purification Corrupted
Find out how a much-needed water purification project in Sri Lanka became riddled with corruption and abuse of power due to the lack of a national procurement law.
Featured Insight
Purification Corrupted
Find out how a much-needed water purification project in Sri Lanka became riddled with corruption and abuse of power due to the lack of a national procurement law.
Featured Insight
Purification Corrupted
Find out how a much-needed water purification project in Sri Lanka became riddled with corruption and abuse of power due to the lack of a national procurement law.
Featured Insight
Purification Corrupted
Find out how a much-needed water purification project in Sri Lanka became riddled with corruption and abuse of power due to the lack of a national procurement law.
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Sri Lanka annual GDP growth projected to be around 4.5% – 5 % in 2024
Sri Lanka's 2024 economic outlook shows 4.5%-5% GDP growth, rising inflation, stabilized interest rates boosting private sector credit, and strengthened external resilience through tourism earnings, remittances, and...
2024-11-28
Daily News
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Tax amnesty bill, new SEC Bill get Parliament approval
Parliament yesterday approved two important finance bills including one to grant tax amnesties as well as the new Securities and Exchange Commission of Sri Lanka Bill. The Finance Bill which indemnifies persons who voluntarily disclose taxab...
2021-09-08
Daily FT
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17 State-run institutions show total loss of LKR 131.62 BN
It is reported that 17 of the 52 State-run institutions, including the Ceylon Electricity Board (CEB), have registered losses totalling Rs 131.62 billion in 2020.
2021-09-06
Ceylon Today
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Government borrowings from banking sector, including CB surge in July
Borrowings by the government in July from the Central Bank and licensed commercial banks amounted to a whopping Rs.320 billion, nearly double the figure in June, as the government settled a billion dollar bond from printed money while the se...
2021-09-03
Daily Mirror
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Govt. announces plans for new foreign currency term loan
The Finance Ministry this week called for proposals from banks, investment houses and institutional investors to raise a foreign currency term loan denominated in US dollars, euro, renminbi or Japanese yen.
2021-09-02
Daily Mirror
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