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Speaking to The Morning Money, Arutha Director and Economist Rehana Thowfeek, said, “Income taxes are levied on the flow of income, while wealth taxes are levied on the value of accumulated assets.”

An investment in the Port City Colombo will bring investors less benefits than it did just three years ago. The question to ask is whether that makes it less attractive or more credible to those looking for opportunities.

As Budget 2027 approaches, the government’s 2026 budget proposals on state owned institutions remain unmet. This is similar to proposals by successive governments on the reform and restructuring of state-owned institutions since the 2022 economic crisis.

Kachchatheevu is a small, uninhabited island located in the Palk Strait between Sri Lanka and India. Its economic value comes from the fishing grounds that belong to Sri Lanka, by mutual agreement between both countries. These waters support a large share of Sri Lanka’s fishing economy.

Our second issue delves deep. We explore how far Sri Lanka is willing to go on connectivity with India. Does the future hold a ‘channel tunnel’ between the countries or is a more modest, and perhaps more pressing, electricity interconnection the way forward? Meanwhile, the old adage ‘location location location’ may not continue to serve Sri Lanka as its most successful port faces growing competition.

ටිකක් රිදෙයි: Rehana Thowfeek discusses the impending food crisis Sri Lanka is to face due to war and climate change.

The National Export Development Plan 2026-2030 has an ambitious target of increasing export revenues by 80% within 5 years. Export revenue from goods and services amounted to US$ 20 billion in 2025 and the NEDP aims to reach US$ 36 billion in export revenue by 2030.

If India is worried about a food crisis – that should send alarm bells blaring in Sri Lanka. We import a lot of food from India; around 250,000 MTs of Bombay Onions, 190,000 MTs of sugar and 45,000 MTs of chillies. In addition to that we import some varieties of rice, chickpeas, green gram, dhal, red onions and other vegetables from India.

For much of the post-Cold War era, international conflict resolution was largely a Western enterprise. The United States, its allies and the United Nations remained the principal brokers of peace, from the Camp David Accords to the Dayton Agreement, relying on diplomatic influence, economic leverage and security guarantees.

Once regarded as a regional success story in human development, even if not in sustained economic growth, Sri Lanka has witnessed many of its hard-earned development gains erode in the wake of the recent economic crisis.

Sri Lanka's GSP+ renewal arrives at a defining moment. The country is emerging from its worst economic crisis in decades while facing an increasingly competitive global trading environment. The India - EU Free Trade Agreement has changed the regional landscape and raised the stakes for Sri Lankan exporters.

This paper has two purposes. One is to summarise the recent changes in tax policy and administration. The second is to sound a mild warning: that the IRD, having previously long been a conservative organisation that had fallen well behind most other countries in reforming its practices and adopting new technologies, is now at some risk of going to the opposite extreme.

Tax Ombudsmen exist in many countries. They are independent officials (or offices) whose role is to help taxpayers resolve disputes with tax authorities – fairly, quickly and without cost. In essence, they are intended to protect taxpayers from unfair treatment at the hands of tax authorities. The basis of the case for Tax Ombudsmen is the understanding that, in many countries, the balance of negotiating power between taxpayers and tax authorities is weighted too much in favo

In early 2023, the Election Commission of Sri Lanka (ECSL) commenced the local government election process by issuing the necessary gazette and accepting nominations.

As US-Iran negotiations reach a critical juncture, here's how Sri Lanka has been affected since the war began.

IMF එකෙන් හම්බවුණ ණය මේ වෙලාවෙ ලංකාවට බලපාන හැටි සහ දැන් වෙද්දි අපිට තිබෙන ආර්ථික ප්‍රශ්න වලට විකල්ප විසඳුම් ගැන අරුත එක්ක කතා කළා.