Govt. hatching plot to arrest GR, Salley over Easter Sunday attacks: Gammanpila . Tuesday, 4 February 2025 03:18. Pivithuru Hela Urumaya (PHU) Leader Udaya Gammanpila yesterday revealed a secret plot allegedly hatched by the National People’s Power (NPP) Governm ..

Jan 4, 2025 · The flagship gem and jewellery exposition FACETS Sri Lanka in its 31st edition will kick off today (4) under the patronage of President Anura Kumara Dissanayake at the Cinnamon Grand, Colombo. Organised by the Sri Lanka Gem and Jewellery Association (SLGJA) – in partnership with the National Gem ...

Dec 18, 2024 · Sri Lanka’s economy grew by 5.5% year-on-year (YoY) in the third quarter of 2024 — highest since 2021, whilst continuing the upward momentum seen since September 2023. In terms of quarter-on-quarter, 3Q performance was higher than 4.7% growth achieved in 2Q. The Department of Census and Statistics (DCS) said 3Q positive growth was driven by the industry sector accounting for 27.3% of the ...

Nov 6, 2024 · In September 2023, after 73 years, the Central Bank of Sri Lanka (CBSL) gained formal independence with the enactment of the Central Bank of Sri Lanka Act (Act 16 of 2023), replacing the Monetary Law Act. This step towards autonomy, largely influenced by conditions from the International Monetary Fund (IMF), aims to shield the CBSL from political influence. The rationale is straightforward: an ...

Dec 21, 2024 · President Anura Kumara Dissanayake has appointed an 18-member Presidential Task Force to plan and implement the “Clean Sri Lanka” program. The initiative was first announced by Dissanayake in his inaugural address to Parliament. The Task Force members and its objective was made official via an Extraordinary Gazette Number 2415/59 dated 19 December 2024. The members of the Task Force are ...

Nov 21, 2024 · Sri Lanka has set its sights on a transformative export agenda with Export Development Board (EDB) Chairman Mangala Wijesinghe unveiling plans to achieve $ 45 billion in export revenue within the next five years. The target includes a significant boost in merchandise exports, services and tourism supported by an annual growth of 15%, a marked increase from the current 4%. Speaking at a media ...

Dec 14, 2024 · The bull run at the Colombo stock market persisted yesterday and ended the week a 4% gain amidst high turnover. During the week, the ASPI gained by 4.3% and the S&P SL 20 by 4.5%. Turnover averaged Rs. 5.66 billion. Yesterday the ASPI gained by 1.2% and the S&P SL20 by 1.7%. Turnover was Rs. 6.15 billion involving 188 million shares. Turnover was dominated by Hemas (Rs. 427.4 million), HNB (Rs. ..

Jan 3, 2025 · Enjoying its all-time-high, the Colombo Stock Market yesterday began 2025 in a sensational fashion with nearly Rs. 13 billion turnover involving over a half billion traded shares with indices up over 2% as investors turned more bullish on the first trading session in the New Year. Coming off a 50% gain and second best regional performer status in 2024, the Colombo Stock Market produced by far ...

Nov 8, 2024 · President Anura Kumara Dissanayake has assured that Sri Lanka’s workforce will see a reduction in current Pay-As-You-Earn (PAYE) tax rates by March 2025. Speaking at a televised political program on Wednesday night, he outlined significant tax reforms and economic measures that his administration intends to implement in the new Budget, scheduled for February 2025. The President announced ...

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