Sri Lanka is banking on vehicle import taxes to boost revenue and revive the island nation's battered economy, leftist President Anura Kumara Dissanayake's maiden budget showed on Monday. Vehicle ...

Beijing promised to expand a pilot program giving full foreign ownership in sectors like telecommunications, health care and education. It also vowed to formulate new policies to encourage ...

President Anura Kumara Disanayake highlighted that due to the mismanagement of public finances by previous administrations, the country had fallen into bankruptcy and is currently operating under a ...

COLOMBO, Feb. 19 (Xinhua) -- Sri Lankan President Anura Kumara Dissanayake said on Wednesday that the government aims to utilize the three-year debt moratorium granted through debt restructuring ...

On the right, Anura Kumara Dissanayake, President of Sri Lanka. On the left, Dr. S. Jaishankar, India’s Minister of External Affairs. Photo: MEAphotogallery, Flickr, CC, Can you give us a quick ...

The new government's economic plan includes incentives for industry, support for workers and a commitment against corruption. These measures are necessary to obtain loans from the International ...

Sri Lanka expects 5% growth in 2025 — by improving productivity, boosting exports and attracting foreign investments — President Anura Kumara Dissanayake said on Monday (February 17 ...

The change was welcomed by Taipei but triggered one of the strongest rebukes from Beijing since Donald Trump returned to the White House. China’s ruling Communist Party claims the self-governing ...

During this visit, the Maldivian Foreign Minister is scheduled to pay courtesy calls on President Anura Kumara Dissanayaka and Prime Minister Dr. Harini Amarasuriya. The Foreign Minister of Maldives ...

COLOMBO — Sri Lanka is banking on vehicle import taxes to boost revenue and revive the island nation's battered economy, leftist President Anura Kumara Dissanayake's maiden budget showed on Monday.

Days after Adani Green announced quitting from a controversial renewable energy project in Sri Lanka, President Anura Kumara Dissanayake said awarding energy projects at an “excessive tariff ...

The Sri Lankan economy is expected to grow at 5 per cent in 2025, President Anura Dissanayake said Monday while presenting the budget for this year. This is the first full-year budget presented by ...