Sri Lanka is set to end tax breaks for the Port City Colombo project being implemented by a Chinese state-run firm as part of commitments under an International Monetary Fund (IMF) bailout package, a ...

With its natural beauty, wildlife and culture, Sri Lanka is known as the “pearl of the Indian Ocean”, and attracts millions ...

The IMF has nudged Sri Lanka to amend certain investment-related laws to make them more rules-based and aligned with ...