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Aussie young gun batters his way through Sri Lanka A

Aussie young gun batters his way through Sri Lanka A

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.

Sri Lanka halts Port City, SDP tax breaks, laws to be changed in IMF benchmark

Sri Lanka halts Port City, SDP tax breaks, laws to be changed in IMF benchmark

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

Sri Lanka revives controversial property tax under IMF program

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...

Traditional drums made in Kadugannawa, Sri Lanka

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...

IMF Executive Board completes the Fourth Review under the Extended Fund Facility with Sri Lanka

IMF Executive Board completes the Fourth Review under the Extended Fund Facility with Sri Lanka

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...

ADB urges education reforms to tackle youth joblessness in Asian nations, including Sri Lanka

ADB urges education reforms to tackle youth joblessness in Asian nations, including Sri Lanka

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....

IMF forgives Sri Lanka mis-reporting spending arrears by error

IMF forgives Sri Lanka mis-reporting spending arrears by error

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

Trump says to send ’20 – 25 – 30′-pct tariff letters, as Sri Lanka awaits fate

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...

Why Sri Lanka needs smarter approach to tobacco tax policy

Why Sri Lanka needs smarter approach to tobacco tax policy

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...

Languages and labour on tea estates in South India and Sri Lanka: Part 2

Languages and labour on tea estates in South India and Sri Lanka: Part 2

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...

Sri Lanka vs Bangladesh 2nd ODI: Best Dream11 Team, Pitch Report & Fantasy...

Sri Lanka vs Bangladesh 2nd ODI: Best Dream11 Team, Pitch Report & Fantasy...

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...

Sri Lanka vs Bangladesh, 2nd ODI: When and Where to Watch the Match Live – Ful

Sri Lanka vs Bangladesh, 2nd ODI: When and Where to Watch the Match Live – Ful

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...

Renshaw And Sangha Handed Leadership Roles As Australia A Hosts Sri Lanka A

Renshaw And Sangha Handed Leadership Roles As Australia A Hosts Sri Lanka A

(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’s Tamil parties back US-Israel war against Iran

Sri Lanka’s Tamil parties back US-Israel war against Iran

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....

Sri Lanka's GDP to fall 1.5 percent on U.S. tariff hike: IMF

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...

Sri Lanka’s fielding revolution sparks ODI resurgence

Sri Lanka’s fielding revolution sparks ODI resurgence

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-Greater Mekong Business Council hosts exclusive Members’ Networking Evening at Port City

Sri Lanka-Greater Mekong Business Council hosts exclusive Members’ Networking Evening at Port City

Sri Lanka-Greater Mekong Business Council President Nimal Ratnayake SLGMBC Committee members and invitees The Sri Lanka-Greater Mekong Business Council (SLGMBC) of The Ceylon Chamber of Commerce hosted an exclusive Members’ Networking Evening on...

Sri Lanka unlocks new market opportunities with 15 conformity assessment accreditations by SLAB

Sri Lanka Accreditation Board (SLAB), under the patronage of the Ministry of Trade, Commerce, Food Security and Cooperative Development, marked a significant milestone with the accreditation of 15 Conformity Assessment Bodies (CABs), bolstering...

Sri Lanka secures € 30 m debt relief deal with Hungary

Sri Lanka has taken another key step in its ongoing external debt restructuring process, signing a bilateral agreement with Hungarian Export Credit Insurance PLC to reschedule outstanding loans valued at around € 30 million (approximately Rs. 10.5...

Sri Lanka Customs Surpasses Rs. 1 Trillion in Revenue in First Half of 2025

Sri Lanka Customs Surpasses Rs. 1 Trillion in Revenue in First Half of 2025

Sri Lanka Customs has generated over Rs. 1 trillion in revenue during the first six months of 2025, according to Media Spokesperson and Additional Director General of Customs Seevali Arukgoda. Speaking at a media briefing held today (July 3) in...

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