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IMF staff mission for Sri Lanka defends new tax schedule for personal income tax

The tax package, including the new tax rate schedule for personal income tax, is in line with international comparison, defending the government's …

Asset declaration of parliamentarians: TISL welcomes landmark judgment on citizens’ RTI

Transparency International Sri Lanka (TISL) welcomes the landmark determination of the Court of Appeal this week that affirms the order of the Right …

Aitken Spence Travels sets stage to welcome inaugural Bulgarian flight for 2023

Aitken Spence Travels (AST) welcomed a charter flight from Bulgaria on 02nd March 2023 to the Mattala Rajapaksa International Airport (MRIA) with 200 …

CA Sri Lanka expands its global footprint with an overseas chapter in Canada

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), which prides itself on being a world-class professional body, continued to expand …

IFS marks 25th anniversary of the inception of its operations in Sri Lanka

IFS, the global cloud enterprise software company, announced today that it is celebrating the 25th anniversary of the inception of its Sri Lankan …

Colombo Stock Exchange opens its newest branch in Panadura

The Panadura branch of the Colombo Stock Exchange (CSE) was officially opened to the public by the CSE Chairman, Dilshan Wirasekera, on the 2nd of …

World Bank VP concludes visit to SL, Reaffirms support to protect people

World Bank Vice President for South Asia, Martin Raiser, recently concluded his four-day visit to Sri Lanka, reaffirming the World Bank’s continued …

President instructs to create a data bank for unused govt-owned lands

President Ranil Wickremesinghe has given instructions to digitize investment information to make it easily and quickly accessible to interested …

Merchandize exports record one billion dollars in January 2023

Sri Lanka’s merchandise exports decreased by 8.98 % to US$ 1,001.9 Million in January 2023 compared to January 2022 as per the data released by the …

Increase PAYE tax threshold from Rs 100,000 to 200,000: Eran

SJB alleges that it is a serious problem that the people have to take to the streets, as they have been burdened with heavy taxes while the working …

Shangri-La Hotels and Resorts Bring Indian Destination Wedding Expo to Sri Lanka

This March, Shangri-La Colombo and Shangri-La Hambantota welcome India International Wedding Connections (IIWC), a premier expo promoting destination …

Research Intelligence Unit hosts engaging webinar on lessons drawn from Sri Lanka’s debt crisis

The international research firm Research Intelligence Unit (RIUNIT) considered it important to broaden the debate and evolve beyond the ‘same …

Sri Lanka’s export earnings decline to 11.3-pct in Jan 2023: Imports down 29.2-pct

• The deficit in the merchandise trade account narrowed in January 2023, compared to a year ago. • Export earnings declined while import …

CCPI based headline inflation eases in February 2023: Food inflation down to 54.4-pct

Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100)1 decreased to 50.6% in …

Sri Lanka’s HIP to be a key transhipment port for India’s EV manufacturing hub

With India looking very positively at becoming a manufacturing hub for electric vehicles (EV), joint venture partners are looking very closely at …

Doc990 introduces digital health services via Amazon’s alexa

Introducing the next frontier for conveniently accessing healthcare services from home, Doc990, Sri Lanka’s pioneering digital health solutions …

Sri Lanka’s crisis offers an opportunity to reset its development model

By Martin Raiser, Vice President for the South Asia Region, World Bank Group Sri Lanka is at a critical moment in its history. Years of …

Sri Lanka targets growing European market for organic food

A delegation from Sri Lanka participated in the BIOFACH Trade Fair, the world’s largest annual organic food products trade show held from 14-17 …

Delmege Forsyth launch new energy saving LED bulb

Delmege Forsyth & Co Ltd, launched its newest product from its ever-increasing product portfolio in the form of a range of high quality LED …

Sunquick Lanka officially opens ready-to-drink manufacturing facility in Horana

Sunquick Lanka (Private) Limited, the local manufacturer of the much loved Sunquick fruit concentrate, Sunquick BiBi ready-to-drink (RTD), officially …