Cabinet Approves IT Strategic Plan for Inland Revenue Department to Enhance Digitization
The Cabinet has officially approved the IT Strategic Plan for the Inland Revenue Department, as announced by Cabinet Spokesman and Minister Dr. Bandula.
Tech Industry
Economics
Cess Levy on Imported Cement Reduced by Rs. 1 Per Kilogram
The Finance Ministry has announced a reduction in the cess levy on imported cement by Rs. 1 per kilogram, effective from 6 September.
- September 9, 2024
Business
Deadline Approaches for Phasing Out Temporary VAT Registration in Sri Lanka
Sri Lanka is set to amend its Value Added Tax (VAT) Act to phase out temporary VAT registrations by the end of 2024,.
- September 4, 2024
Investing
MP Eran Questions Blockage of $100M Mineral Investment in Sri Lanka
Samagi Jana Balawegaya (SJB) MP Eran Wickramaratne has raised significant concerns in Parliament about the obstruction faced by Puttalam Ilmenite Ltd. (PIL) in.
- August 6, 2024
Finance
Government to Ease Vehicle Import Restrictions by 2025
State Minister of Finance Shehan Semasinghe announced yesterday that the Government plans to permit the importation of vehicles for private use starting in.
- July 30, 2024
Finance
Japan Restarts Yen Loan Projects to Boost Sri Lankan Economy
The Government of Japan has officially decided to resume disbursement for Yen Loan Projects in Sri Lanka, which were suspended following the country’s.
- July 25, 2024
Economics
Sri Lanka CPC Oil Imports and Sales Decline with New Market Players
Sri Lanka’s state-run Ceylon Petroleum Corporation (CPC) spent 648.7 million US dollars on oil imports in the first four months of 2024, down.
- July 3, 2024
Economics
Sri Lanka Imposes New Trade Controls on Metal Scrap Exports
Sri Lanka is set to enforce new trade regulations that will make exporting metal scrap illegal without a proper licensing system, according to.
- June 28, 2024