Government & Economy Sri Lanka Business News Sri Lanka Latest News

Sri Lanka’s Parliament Strips Perks for Former Presidents — A Bold Shift in Political Privilege

In a striking move that has captured national attention, Sri Lanka’s Parliament voted 151 to 1 to abolish most of the state-funded perks once enjoyed by former presidents and their families. The decision, finalised in September 2025, revokes decades-old privileges tied to the presidency — including official residences, transport, staff offices, and allowances — leaving […]

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Government & Economy Sri Lanka Latest News

IMF TEAM IN SRI LANKA: A POSITIVE REVIEW THAT SIGNALS A NEW ECONOMIC PHASE

Sri Lanka moved into a new chapter of economic stabilisation this month as the visiting International Monetary Fund (IMF) mission concluded a comprehensive review of the country’s reform progress. The team, led by senior IMF officials, met with government leaders, Central Bank representatives, state-owned enterprise heads, and private sector stakeholders for several days in Colombo. […]

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Events & Happenings Government & Economy Local Business Spotlights Sri Lanka Latest News

Construction Begins on the New 40,000-Seat Jaffna International Cricket Stadium

A Historic Step in Northern Province Sports Development The Northern Province has reached a major milestone with the official launch of construction for the Jaffna International Cricket Stadium, a state-of-the-art facility designed to uplift the region’s sports potential and promote national unity. A Stadium Designed for International Excellence The 40,000-seat arena will feature: This stadium […]

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