#Sri Lanka
Rupee under continued pressure as dollar surge rekindles economic anxiety
By The Pulseline News Desk The Sri Lankan Rupee has come under renewed pressure against the US Dollar, raising fresh concerns over the...
Moves to increase penalties for violations under employment law reforms
By The Pulseline News Desk The Government has moved to strengthen legal protections relating to the employment of women, young persons, and children...
COPF questions Central Bank over NDB fraud, internal audit failures
By The Pulseline News Desk Sri Lanka’s parliamentary oversight of the financial sector came under renewed focus this week after the Committee on...
Official residence allocation to Speaker’s private secretary draws attention
By The Pulseline News Desk The allocation of an official government residence in Colombo 4 to the Private Secretary of the Speaker has...
Cassandra’s curse
By Rohan Samarajiva It is said that Sri Lanka is afflicted by Kuveni’s curse. But there may be another curse at work at...
$2.5 million Treasury payment probe uncovers suspected third-party diversion
By The Pulseline News Desk A suspected financial irregularity involving a $2.5 million loan repayment has triggered a multi-agency investigation in the country,...
VAT hike to 20.5%: A ‘small’ policy shift with big consequences for Sri Lankans?
By The Pulseline News Desk A proposed increase in Value Added Tax (VAT) from 18% to 20.5% on financial services is far more...
Future-proofing Sri Lanka’s banking sector: building resilience against shocks
By Dinesh Weerakkody I was numbed when I learned of a fraud at a listed commercial bank, reportedly amounting to around Rs. 13.2...
