A major cyberattack targeting the Ministry of Finance in Sri Lanka reportedly took place in September 2025, with sensitive government data and Full Access to the servers later appearing for sale on dark web forum for $4000 (LKR 1.2M) #SriLanka#CyberAttack#lka
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From a broader economic perspective, the benefits are even more compelling:
• Reduced dependency on international card networks, saving valuable foreign exchange
• More funds retained within the local banking system
•Enhanced financial transparency and traceability,
A timely and impactful initiative for the digital transformation of Sri Lanka’s economy 🇱🇰
Allowing QR-based payments up to LKR 5,000 without additional charges is a significant step forward. This move not only benefits consumers but creates real momentum for SMEs
For small and medium-sized businesses, this means: • Lower transaction costs • Improved cash flow visibility • Increased sales through customer convenience • A smoother transition into the digital economy
Exciting Milestone for Us at Keytrust Finance Solutions!
I am excited to announce the launch of our new website:
🌐 https://t.co/6ePBWf8iZO
This is an exciting milestone in our journey to further develop our digital footprint and continue to support entrepreneurs and SMEs.
• Avoid depending on one source of income.
• Increase your knowledge of finance
• Start small, but make it your own.
Although economic changes are difficult, they also foster entrepreneurship.
#SriLanka#BusinessStrategy#SMEs#Entrepreneurship
There's more to the story than just a headline about MAS Holdings and thousands of jobs at stake.
The lesson? Even white-collar jobs like software engineering are not completely safe.
This serves as a wake-up call for me as a SME tax and business strategist:
#SME#SriLanka
Back in 2018, I had a vision.
What if we could use a single application for most of our daily needs?
I started to develop this without programming knowledge however currently i can see many successful applications out there to address those issues.
⛴️Remember the buzz about the new Indo 🇮🇳-Sri Lanka 🇱🇰 ferry service?
⭕️The excitement did not last long; it had halted operations after just 4 trips in October.
The reason given: Rough seas (may restart in January)
#SriLanka#India
@numberslka If I am not mistaken Rathmalana (Colombo) AirPort was also renovated as an International airport in March this year however only one International Flight visited there.
Taxes, Economy, Sri Lanka & the Endless Cycle of Debt
Sri Lanka has decided to increase the Value Added Tax (VAT), this time by 3%, from 15% to 18%. Against this backdrop, it's worth listening to this clip from the hit TV show "The West Wing".
This is Senator Arnold Vinick, a fictional U.S. Senator, during a presidential debate, explaining how the West urges countries like ours to raise taxes to generate more revenue to repay the loans we've taken, resulting in countries like ours being trapped in an endless cycle of debt.
Isn't this what Sri Lanka is doing right now?
#SriLanka #VAT