Read the latest news from regional and global sources, presenting different voices and perspectives.
Sri Lanka halts Port City, SDP tax breaks, laws to be changed in IMF benchmark
EconomyNext
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July 4, 2025
ECONOMYNEXT – Sri Lanka has halted giving tax breaks under the Port City Act and the Strategic Development Project Act and pledged to amend the laws to define rule-based criteria and reduce the length of tax holidays, under an International...
Sri Lanka revives controversial property tax under IMF program
EconomyNext
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July 4, 2025
ECONOMYNEXT – Sri Lanka is making initial plans to revive a property tax, under an International Monetary Fund program, according to published program documents, a bullet that was dodged by the current administration. The idea is to bring in the...
Sri Lanka sells extra Rs7.97bn Treasury bills after auction
EconomyNext
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July 4, 2025
ECONOMYNEXT – Sri Lanka’s central bank has appointed an administrator to run the Nation Lanka Finance Plc, using its new powers to resolved troubled banks and finance companies, after the firm failed to meet capital requirements and regulations....
IMF forgives Sri Lanka mis-reporting spending arrears by error
EconomyNext
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July 4, 2025
ECONOMYNEXT – President Donald Trump has said he will he will likely send letters from Friday (Washington time) setting out import tariffs of 20 to 25 to 30 percent instead of haggling over individual items in complex trade agreements as Sri Lanka...
Trump says to send ’20 – 25 – 30′-pct tariff letters, as Sri Lanka awaits fate
EconomyNext
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July 4, 2025
ECONOMYNEXT – Sri Lanka is making initial plans to revive a property tax, under an International Monetary Fund program, according to published program documents, a bullet that was dodged by the current administration. The idea is to bring in the...
ADB urges education reforms to tackle youth joblessness in Asian nations, including Sri Lanka
EconomyNext
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July 3, 2025
ECONOMYNEXT – Youth unemployment remains high across many parts of Asia, including Sri Lanka, the Asian Development Bank has said, and countries must reform education systems and expand vocational training, while enabling youth-led enterprises....
Why Sri Lanka needs smarter approach to tobacco tax policy
Daily FT
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Perhaps most critically, TETSiM fails to incorporate two of the most significant realities in Sri Lanka’s tobacco landscape: the vast beedi market and illicit cigarette trade By Chathura Ranawana Sri Lanka’s tobacco taxation strategy is facing...
Traditional drums made in Kadugannawa, Sri Lanka
Xinhua News Agency
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A man assembles a traditional drum in Kadugannawa, Sri Lanka, July 3, 2025. The central region of Sri Lanka, especially Kadugannawa, is famous for the making and use of traditional wooden drums, which play an important role in Sri Lankan rituals...
Aussie young gun batters his way through Sri Lanka A
Narromine News
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July 4, 2025
In reply, Sri Lanka A were bowled out for 134 in 35.4 overs, with Victorian paceman Elliott (5-14 from nine overs) the chief destroyer in a breakout performance against international opposition from the 25-year-old.
IMF Executive Board completes the Fourth Review under the Extended Fund Facility with Sri Lanka
The Island
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July 4, 2025
The Executive Board of the International Monetary Fund (IMF) completed the Fourth review under the 48-month Extended Fund Facility (EFF) Arrangement, allowing the authorities to draw SDR254 million (about US$350 million). This brings the total IMF...
Languages and labour on tea estates in South India and Sri Lanka: Part 2
Himal Southasian
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In the late 19th century, coffee plantations first in Ceylon and then in mainland India were swept by a fungal epidemic. The disease was called coffee leaf rust, and caused the slow and inevitable death of coffee plants. British planters detected...
Renshaw And Sangha Handed Leadership Roles As Australia A Hosts Sri Lanka A
MENAFN
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July 3, 2025
(MENAFN- IANS) New Delhi, July 4 (IANS) Australia's selectors have signaled a fresh approach to their talent pipeline, appointing Matt Renshaw and Jason Sangha as captains for the upcoming Australia A series against Sri Lanka A in Darwin. Renshaw...
Sri Lanka vs Bangladesh, 2nd ODI: When and Where to Watch the Match Live – Ful
Zee News
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The second One-Day International between Sri Lanka and Bangladesh will take place on Saturday, 5 July 2025, at the iconic R. Premadasa Stadium in Colombo. The match is scheduled to begin at 2:30 PM IST. After a dominant performance in the first...
Sri Lanka vs Bangladesh 2nd ODI: Best Dream11 Team, Pitch Report & Fantasy...
Zee News
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As the Bangladesh tour of Sri Lanka shifts to the second ODI on July 5 at the R. Premadasa Stadium in Colombo, fantasy cricket users on Dream11 are gearing up for another competitive contest. With Sri Lanka taking a 1-0 lead in the three-match...
Renshaw and Sangha to captain Australia A against Sri Lanka A
ESPN Singapore
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July 4, 2025
Matt Renshaw looms as a potential middle-order candidate in Australia's ODI rebuild after being elevated to the captaincy of the Australia A 50-over team, while Jason Sangha's stocks continue to rise after being named the four-day skipper for the...
Sri Lanka’s Tamil parties back US-Israel war against Iran
World Socialist Web Site
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July 4, 2025
US Ambassador Julie Chung (centre), with ITAK parliamentarians (from left): Kaveendiran Kodeeswaran, Elayathamby Srinath, Shanakiyan Rasamanickam, Thurairasa Ravikaran, Sivagnanam Shritharan, P. Sathiyalingam, Gnanamuththu Srineshan, K. S....
MasterChef franchise makes landmark debut in Sri Lanka with star-studded launch
Daily FT
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Global culinary hit commissioned in 71 territories following latest Banijay Rights deal Rs. 3 m in cash, a luxury vehicle, and coveted MasterChef Title await Sri Lanka’s next great cook The internationally acclaimed MasterChef franchise officially...
Sri Lanka’s fielding revolution sparks ODI resurgence
The Island
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July 4, 2025
If there was one glaring chink in Sri Lanka’s armour during their disastrous 2023 World Cup campaign, it was their fielding. Sloppy, uninspired and error-strewn, the islanders dropped more catches than any other team, earning the unenviable tag of...
Sri Lanka's GDP to fall 1.5 percent on U.S. tariff hike: IMF
Xinhua News Agency
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COLOMBO, July 4 (Xinhua) -- Sri Lanka's GDP could decline by up to 1.5 percent if the United States reinstates a 44 percent tariff on Sri Lankan exports and lowers tariffs on competitor trading partners, according to an IMF country report. At...
Unigra and Eiger Holdings host high-impact culinary demonstration to elevate Sri Lanka’s HORECA standards
Daily FT
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Chef Marco Caverni with participants from Colombo’s HORECA sector following technical demonstration hosted by Eiger Holdings and Unigra Chef Marco Caverni Eiger Holdings Ltd., in strategic partnership with Unigra, a global leader in...