Parliament will take up for debate two Orders under the Strategic Development Projects Act in Parliament today. The debate will look into the viability of granting tax concessions to two investment projects – the Colombo International Financial Centre and Ceylon T...

In order to further strengthen the economic cooperation between the two countries, the Government of Republic of Korea has agreed to provide a concessional loan from the Economic Development Cooperation Fund (EDCF) of the Export Import Bank of Korea (KEximbank). Accordi...

Sri Lanka’s tax income during the first fiscal quarter has only narrowly missed the target set for the period, in a clear sign of robust economic recovery staged in the first three months of the year, which came with the return of normalcy. At the Public Finance W...

The EPF and Employees’ Trust Fund (ETF) are to be transformed  into a part-pension fund functioning under the Treasury, official sources said adding that the Finance Ministry has been directed to work out modalities of the pension scheme. The proposed pension...