Business

Budget should not heap taxes on vehicle imports: Importers

The Vehicle Importers Association of Sri Lanka (VIASL) said that it hoped more taxes would not be heaped on vehicle…

6 years ago

Fresh Cabinet nod for Rs. 1.95 b Palaly Airport revamp

The Cabinet has approved a proposal costing Rs. 1.95 billion, to develop Palaly Airport to operate regional commercial flights, the…

6 years ago

China and Singapore to invest US $ 1.1bn in cement and steel plants

Development Strategies and International Trade Minister Malik Samarawickrama chairs 17th Exporters’ Forum along with Ministry Secretary S.T. Kodikara (extreme left),…

6 years ago

Serenia Residences to host ‘Meet the Developer’ event this weekend

Serenia Residences, a private collection of 47 beachfront residences focusing on unparalleled amenities and boutique hotel services   Colombo-based real…

6 years ago

Bloomberg quotes Mahendran on Deutsche Bank alleged money laundering case

Former Central Bank of Sri Lanka Governor Arjuna Mahendran had reportedly offered his opinion to Bloomberg, in reference to a…

6 years ago

No more excuses! ecommerce is a do or die for Lankan businesses” – Dulith Herath

Sri Lanka’s e-com pioneer Dulith Herath says in exclusive interview discussing how his network of online retail facilitators, from ‘Kapruka’…

6 years ago

UL lost USD 14.04 mn, flying via Mattala

SriLankan lost USD 14.04 million between 2013 and 2015 as it was compelled to fly to and handle flights at…

6 years ago

CB cuts foreign holding in G-Secs to limit hot money stock

Reduces threshold of foreign investment in T-bills and bonds from 10% to 5% Currently, foreign holding stands below 5.0 % of…

6 years ago

Jaffna International Trade Fair begins

The Jaffna International Trade Fair (JITF), the multi-faceted gateway to the North, that brings together some of Sri Lanka’s favourite…

6 years ago

Rupee falls on importer dollar demand; stocks post 8-week closing low

(Colombo) REUTERS: Sri Lanka’s rupee closed weaker yesterday due to dollar demand from importers, while stocks fell to an eight-week…

6 years ago