South Korea, UN Women and Chrysalis support women in Sri Lanka

ECONOMYNEXT – UN Women and Chrysalis have delivered in-kind support to around 100 women-led micro, small and medium enterprises (MSMEs) in Badulla, Sri Lanka as part of a project funded by South Korea. The donation equipped entrepreneurs with the tools and …

Sri Lanka rupee closes stronger, bond yields slip further

ECONOMYNEXT – US President Donald Trump’s team has lodged an appeal after a US federal court blocked his tariffs, which would have heavily impacted countries like Sri Lanka. The Court of International Trade has ruled that the president does not have …

Sri Lanka ex-ministers jailed up to 25 years for corruption

Sri Lanka steps up PCR testing amid global COVID variant concerns

Sri Lanka has increased ​Polymerase Chain Reaction (PCR) testing in selected hospitals to monitor a new COVID-19 variant.  Secretary to the Ministry of Health, Dr. Anil Jasinghe, confirmed enhanced surveillance for patients with fever or respiratory …

Sir Graham Henry tours Sri Lanka with new national side

New Zealand Rugby sent their first ever restricted weight national team on tour in May, with the Under 85kg side travelling to Sri Lanka. The Kiwis swept the host country with a 50–10 victory over the Tuskers in Kandy, followed by a commanding 32–6 win in …

BYD gains ground in Sri Lanka’s automotive market

From left: BYD Auto Industry Co., Asia-Pacific Auto Sales Division General Manager Liu Xueliang; John Keells Holdings President – Retail Sector Charitha Subasinghe, BYD Auto Industry Co., Asia-Pacific Auto Sales Division Deputy General Manager Ketsu Zhang …

ICC Sri Lanka to host exclusive workshop on individual income tax for members

The International Chamber of Commerce Sri Lanka (ICC Sri Lanka), through its Research, Knowledge Mobilization and Taxation Committee (RKMT), has announced a complimentary workshop on Individual Income Tax (IIT), exclusively for ICC Sri Lanka members.  The …

Sri Lanka declares national environment week to combat plastic polluti

The Government has declared the week leading up to June 5 as National Environment Week, focusing on the global theme “#BeatPlasticPollution.”  Led by the Ministry of Environment, the initiative includes awareness campaigns and clean-up drives.  Accordingly …

Corporate strategy meets national policy: Path to sustainable recovery for Sri Lanka

To attract meaningful FDI, the Government must undertake a comprehensive reform agenda       In the high-stakes world of corporate turnarounds, leaders act swiftly to stabilise finances, streamline operations, and reposition brands for growth. Sri Lanka, …

I tried the restaurant bringing truly authentic Sri Lankan cooking to Rhyl

Most of us will be familiar with our local high street Indian, Chinese, Turkish, Italian or perhaps other exotic culinary choices such as Mexican or Jamaican. However, I don’t think I have ever eaten food from Sri Lanka before? We were surprised but …