Economics

Sri Lanka Delegation Discusses Tax and Revenue Targets with IMF

A Sri Lankan delegation held discussions on taxes and revenue targets with the International Monetary Fund (IMF) during a recent visit to the.

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Tourism

Sri Lanka Business Visa Crisis Threatens Economic Recovery: JAAF Urges Immediate Action

The ongoing crisis in Sri Lanka’s business visa issuance is jeopardizing the nation’s economic recovery, as foreign buyers, suppliers, and technical experts struggle.

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Business

JAAF Urges Government to Address Business Visa Issues Promptly

The Joint Apparel Association Forum (JAAF) has called on the Sri Lankan government to urgently address the challenges surrounding the issuance of short-term.

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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.

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Trade Agreements

Sri Lanka Empowers Coconut Development Authority to Regulate Edible Oil Quality

Sri Lanka’s Coconut Development Authority (CDA) will be granted expanded powers to regulate the quality of imported edible oils, including coconut and palm.

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Politics

Sri Lanka President Launches Manifesto Pledging Economic Development, Job Creation, and Tax Cuts

Sri Lankan President Ranil Wickremesinghe has unveiled his 2024 election manifesto, focusing on economic development, reducing the cost of living, creating jobs, raising.

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Economics

Local Egg Producers Criticize Government’s Decision to Resume Imports

The decision to resume egg imports has faced fierce opposition from local producers, who argue that Sri Lanka can meet domestic demand with.

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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.

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