Economy

Sri Lanka’s growing economy has helped it go from being a low-income economy to a lower middle-income economy (LMIE), as observed by The World…

Now that the EU has lifted all sanctions on Sri Lankan exports of seafood, the island’s business community is gearing up for another big…

Man is a funny animal. He has a tendency to be swept up by half-baked ideas, following which he kicks his common sense to…

Earlier this year, the January edition of this very report highlighted how the Colombo Stock Exchange had lost 840 points. When we published that…

Ah… taxes. Nothing has the power to topple governments, and divide political coalitions like a tax. Just ask PM Modi over in New Delhi,…

A country’s labour force is perhaps its most valuable resource. A large, productive workforce, when combined with other inputs, can increase an economy’s production…

Kandiah Ramiah, 68, begins sweeping the streets as early as 5:30 a.m. every morning and continues to work till dusk. He had previously been employed as a security guard by a private company

If you were contemplating purchasing a vehicle in the near future, or are in the process of buying one, hold that thought. While you…

On May 2, Sri Lanka raised its headline rate of value-added tax (VAT) from 11% to 15% to shore up the nation’s finances in…

Privatisation of state-owned enterprises (SOEs) has always been a thorny issue in Sri Lanka, both politically and ideologically. It is no secret that an…

Come April, earnings season is in full swing at the CSE. Most listed companies in Sri Lanka close their books on the 31st of…

Transport is definitely something we take for granted, in that we don’t really stop to think about it as we go about our day…