I Lanka News

News Headings in Sri Lanka

Month: July 2023

Singapore and Sri Lanka sign free trade agreement

COLOMBO: Singapore and Sri Lanka signed a free trade agreement on Tuesday (Jan 23) which will deepen economic ties and facilitates greater trade flows between the two countries. The Sri Lanka-Singapore Free Trade Agreement (SLSFTA) was signed by Singapore’s Minister…

CMA Sri Lanka Honors Excellence in Business Management

As gatekeepers of professional standards, CMA Sri Lanka recently gathered the esteemed minds in the field of finance and management at the Cinnamon Grand for a momentous occasion. The inauguration of the National Management Accounting Conference 2023 underscored the emergent…

Small Businesses Drive Sri Lanka’s Economic Revival

The heart of Sri Lanka’s economic recovery beats in the resilience of its small businesses. Amidst ongoing financial crises and the aftermath of a global pandemic, small businesses in Sri Lanka are emerging as crucial players in igniting SME growth…

India’s Reliability Surges Amid China Partnership Woes

As tensions and uncertainties cast a shadow over the India-China trade dynamics, the spotlight turns to India’s business reliability, positioning it firmly as a strategic partner within regional trade partnerships. Recent developments in South Asia bear witness to a significant…

Sri Lanka Budget Openness, amongst lowest ranked countries in South Asia

Sri Lanka’s budget openness in the latest survey has scored 44 out of 100, coming in next to last in South Asia, tied with Pakistan. Open Budget Survey, which scores 115 countries on the openness of their budget process, is…

Sri Lanka VAT Rate Revision Considered for 2Q24

Amid its most challenging economic downturn post-independence, Sri Lanka is actively examining fiscal reforms, including a critical Sri Lanka tax policy alteration. The government’s contemplation of a VAT rate cut, anticipated to roll out in the second quarter of 2024,…