Colombo (News 1st): The Institute of Internal Auditors held the 8th national conference today (March 12). The conference centered around the theme 'Emerge or Submerge, being agile in a transformative age'. Many foreign and local dignitaries, including the Director-General of the Commission to Invest...

Colombo (News 1st): Convening a media briefing in Colombo today (March 12), the National Chamber of Commerce of Sri Lanka made their comments regarding the budget proposals for 2019. Senior Deputy President of the Chamber Nandika Buddhipala noted that for the past period, they have witnessed the ...

Colombo (News 1st): Fitch Ratings cast doubts over the government's ability to achieve ambitious targets announced in the 2019 Budget. The budget announced this week, sets out plans to get fiscal consolidation back on track. The budget deficit for 2020 is at 3.5% of GDP, despite the deficit reach...

Colombo (News 1st): Venerable Battaramulle Seelarathana Thero today (March 12) requested the Finance Minister to release details of all loans from China to Sri Lanka under the Right to Information Act. He also requested details of the repayment plans under the RTI.  ...

Colombo (News 1st): The Finance Ministry announced that government servants will be entitled to vehicle permits from May 1st, 2019. Finance Minister Mangala Samaraweera made this announcement during the second reading of the budget today citing the strengthening of the rupee as the reason to bring b...