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Sri Lankan economy bounces back as inflation dips; sharp industrial sector recovery
17 Jun 2024 (1:27 PM) Price of coconut oil expected to continue to surge?
17 Jun 2024 (4:56 PM) Finance Ministry issues clarification on proposed imputed rental income tax
17 Jun 2024 (1:50 PM) Rainy conditions expected to enhance in next few days
17 Jun 2024 (7:06 PM) Ex-President Sirisena reveals reason he resigned as SLFP chairman
17 Jun 2024 (8:50 PM) President awards freehold land deeds to Mahaweli Walawa settlers
17 Jun 2024 (2:05 PM) |
Sri Lanka s economy showed significant growth more than anticipated in the first quarter, marking a strong recovery from a severe foreign exchange crisis. 
The price of a bottle of coconut oil has rapidly increased in the market by around Rs.150. 
Sri Lanka s Ministry of Finance, Economic Stabilization and National Policies states that the recent publication of the International Monetary Fund (IMF) supported Extended Fund Facility (EFF) programme related documents make reference to a proposed property tax is to be implemented as an imputed rental income tax. 
The prevailing rainy condition in the South-western part of the island is expected to somewhat enhance in the next few days from 19 June, the Meteorology Department says. 
Former President Maithripala Sirisena says he resigned from his position as the Chairman of the Sri Lanka Freedom Party (SLFP) for the betterment of the party and its members. 
President Ranil Wickremesinghe stated that through the "Urumaya" program, the government s intent is to express gratitude to farmers who have supplied rice to the country despite not owning the land. Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
