Finance

Vehicle Taxes Based on Type and Engine Size, Not Market Value – Deputy Finance Minister Clarifies

The value of a vehicle is not the key criterion for determining import taxes in Sri Lanka, Deputy Minister of Finance and Planning.

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Economics

Doing Business Ecosystem Gaining Momentum, Positive Country Image to Boost FDI

Finance and Planning Deputy Minister Dr. Harshana Suriyapperuma recently visited the Board of Investment (BOI) and held the first meeting with its senior.

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Entrepreneurship

Asia Foundation Honors Success of Women in Entrepreneurship

The Asia Foundation (TAF), sponsored by the US Department of State, celebrated the success of a three-year flagship initiative aimed at empowering female.

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Tourism

Sri Lanka Tourism Aims for 4 Million Visitors and $8.5 Billion Revenue by 2030 with New Strategy

The newly appointed leadership of Sri Lanka Tourism has set ambitious goals to attract 4 million visitors and generate $8.5 billion in revenue.

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International Economic Developments

Biden Commits to Strengthening US-Sri Lanka Ties in Letter to Dissanayake

In a letter to Sri Lanka’s newly elected President Anura Kumar Dissanayake, US President Joe Biden expressed a commitment to strengthening ties between.

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Economics

ADB Pledges Continued Support for Sri Lanka’s Development

A delegation from the Asian Development Bank (ADB), led by Country Director Takafumi Kadono, met with President Anura Kumara Dissanayake yesterday to reaffirm.

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Industry & Analysis

SLACMA Welcomes NPP’s Industrial Policies to Boost Automobile Component Manufacturing

The Sri Lanka Automobile Component Manufacturers Association (SLACMA) has extended its congratulations to Anura Kumara Dissanayake on his election as the new President.

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International Economic Developments

Korean Exim Bank Resumes Funding for Sri Lanka’s Development Projects

The Export and Import (Exim) Bank of Korea has agreed to resume financial support for Sri Lanka’s development projects, according to the President’s.

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Industry & Analysis

CBL Global Foods Partners with USAID to Transform Sri Lanka’s Coconut Industry

CBL Global Foods Limited, a subsidiary of the CBL Group, has teamed up with the United States Agency for International Development (USAID) to.

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Economics

Parliament Approves Offshore Banking Regulations at Port City Colombo

Port City Colombo announced that Parliament officially passed two key offshore banking regulations, Offshore Banking and Offshore Banking – Prudent Management and Confidence,.

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