UN Assistant Secretary General Emphasizes Simplifying Taxpayer Registration for Broadening Sri Lanka’s Tax Base
In a recent meeting with Finance State Minister Shehan Semasinghe on January 3rd, Ms. Kanni Wignaraja, the UN Assistant Secretary
Central Environment Authority Cracks Down on Illegal Plastic Production, Files Cases Against 180 Manufacturers in 2023
In a concerted effort to curb illegal plastic and polythene production, the Central Environment Authority (CEA) has initiated a significant
Political Parties Reshaping Strategies as Election Year Unfolds Amid Economic Challenges
With the advent of the New Year, political parties are visibly realigning themselves, crafting new strategies in anticipation of upcoming
Asiri Port City Hospital Proposes $100 Million Investment for New Facility, Gains Government Support
Asiri Port City Hospital (Pvt) Company has put forth a venture to establish a hospital in Colombo Port City with
Government Considers Waiving Value-Added Tax (VAT) on Chemical Fertilizer for Upcoming ‘Yala’ Cultivation Season
In a statement made at an event in Sooriyawewa, Minister Amaraweera revealed that he has discussed the possibility of lifting
Cabinet Approval Paves the Way for Trincomalee Fuel Storage Project’s First Phase Development
Sri Lanka’s Cabinet of Ministers has greenlit the proposal by the Minister of Power and Energy to commence a procurement
Sri Lanka Falls Just Short of 2023 Tourism Target Despite Record-Breaking December Arrivals
Sri Lanka has narrowly missed its ambitious goal of welcoming 1.5 million tourists in 2023, as reported by the latest
VAT Increases Across Various Sectors in Sri Lanka Effective January 1st
In a significant fiscal adjustment, Sri Lanka’s Value Added Tax (VAT) rate rises from 15% to 18% starting January 1st.
Sri Lanka Bars Chinese Research Vessels from Ports and Exclusive Economic Zone for One Year Following Indian Concerns
Sri Lanka has officially communicated to India its decision to deny entry to any Chinese research vessel at its ports
Prime Minister Dinesh Gunawardena Outlines Vision for 2024 in New Year Message
In his New Year message, Prime Minister Dinesh Gunawardena expressed that essential measures have been incorporated into this year’s budget