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Category: ECONOMY

Will 1,750 New Double Cabs Fix Public Sector Inefficiency?
ECONOMY

Will 1,750 New Double Cabs Fix Public Sector Inefficiency?

The government’s ongoing procurement drive to import over 1,750 brand-new four-wheel drive double cab vehicles for the public sector marks…

byTeam Independent26/10/202626/10/2026
Privatized Profits, Public Queues? Why Global Oil Shocks Are Driving Sri Lanka Toward Another Price Hike
ECONOMY

Privatized Profits, Public Queues? Why Global Oil Shocks Are Driving Sri Lanka Toward Another Price Hike

When Sri Lanka opened its retail fuel market to foreign energy giants, the pitch was simple and persuasive. Introducing international…

byTeam Independent24/10/202624/10/2026
Who Pays for the Flour Hike? The Price of Daily Survival in Sri Lanka
ECONOMY

Who Pays for the Flour Hike? The Price of Daily Survival in Sri Lanka

A Rs. 13 increase in imported wheat flour has prompted a Rs. 5 rise in the price of parathas and…

byTeam Independent22/10/202622/10/2026
Rs. 18.3 Billion and Counting: Who Will Pay for Sri Lanka’s Substandard Coal?
ECONOMY

Rs. 18.3 Billion and Counting: Who Will Pay for Sri Lanka’s Substandard Coal?

A parliamentary committee has disclosed an estimated Rs. 18.3 billion in losses and additional expenditure associated with substandard coal imports…

byTeam Independent21/10/202621/10/2026
G.L. Peiris Questioned Over Shangri-La Investment. What Is the Bribery Commission Investigating?
ECONOMY

G.L. Peiris Questioned Over Shangri-La Investment. What Is the Bribery Commission Investigating?

Former Foreign Minister Professor G.L. Peiris has provided information to the Bribery Commission concerning the circumstances surrounding the Shangri-La Hotel…

byTeam Independent21/10/202621/10/2026
1.1 Million Taxpayers Have Yet to File Returns. Can Inland Revenue Handle the November Rush?
ECONOMY

1.1 Million Taxpayers Have Yet to File Returns. Can Inland Revenue Handle the November Rush?

With the November 30 deadline approaching, nearly 92% of Sri Lanka’s registered individual taxpayers have yet to submit their annual…

byTeam Independent21/10/202621/10/2026
US$6.86 Billion From Sri Lankans Abroad. Is the Country Exporting Its Future to Save Its Economy?
ECONOMY

US$6.86 Billion From Sri Lankans Abroad. Is the Country Exporting Its Future to Save Its Economy?

Workers’ remittances reached US$734.4 million in September, bringing the total for the first nine months of 2026 to US$6.865 billion.…

byTeam Independent21/10/202621/10/2026
Sri Lanka’s Economic Recovery Faces Mounting Pressures as Inflation, Debt and Global Risks Intensify
ECONOMYTOP STORY

Sri Lanka’s Economic Recovery Faces Mounting Pressures as Inflation, Debt and Global Risks Intensify

Colombo, October 2026 — Sri Lanka’s economic recovery is showing signs of progress, supported by stronger government revenue, rising workers’ remittances,…

byTeam Independent21/10/202621/10/2026
HSBC’s Possible Exit. Are 3,500 Sri Lankan Jobs Really at Risk?
BUSINESSECONOMY

HSBC’s Possible Exit. Are 3,500 Sri Lankan Jobs Really at Risk?

Opposition Leader Sajith Premadasa has raised concerns that HSBC’s Global Service Centre could relocate operations to the Philippines by December…

byTeam Independent20/10/202620/10/2026
Colombo Port Gets Another Logistics Proposal. Can Sri Lanka Turn Announcements Into Investment?
BUSINESSECONOMY

Colombo Port Gets Another Logistics Proposal. Can Sri Lanka Turn Announcements Into Investment?

The Sri Lanka Ports Authority has announced plans for a new logistics hub under a public-private partnership. With questions still…

byTeam Independent20/10/202620/10/2026

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byTeam Independent 04/11/202604/11/2026
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byTeam Independent 04/11/202604/11/2026
POLITICS

No-Confidence Row: Opposition MPs Protest Rejection of Motion Against Speaker Wickramaratne

byTeam Independent 04/11/202604/11/2026
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More Heads, Fewer Dollars: The Paradox Inside Sri Lanka’s Tourism Numbers

byTeam Independent 04/11/202604/11/2026

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