‘Tax on gold imports has helped save valuable foreign exchange’

2018-05-14   |   Business

Central Bank's imposition of a 15 percent tax on gold imports really helped to prevent foreign exchange from going out of the country, Central Bank Go...

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EU provides Rs. 810 mn in technical assistance to modernise Sri Lanka’s agricultural sector

2018-05-12   |   Business

The European Union has launched a Rs. 810 million project to support the modernization of Sri Lanka’s agriculture sector, according to a statement i...

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Nationwide inflation contracts to 2.8%

2018-05-10   |   Business

Nationwide inflation during March this year contracted to 2.8 per cent year-on-year from 3.2 per cent recorded in February 2018 as food inflation decl...

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Teejay Lanka’s Q4 pre-tax profit up 27% to Rs 501.6 million

2018-05-09   |   Business

Teejay Lanka PLC has reported profit before tax of Rs 501.7 million at Group level for the final quarter of 2017-18, to end a challenging year with a ...

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Sri Lanka economy to rebound, delaying reforms pose risks: World Bank

2018-04-17   |   Business

The World Bank says Sri Lanka's economy will rebound in 2018 with annual growth averaging 4.5 percent in the medium term, driven by private consumptio...

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Do you have 25% stake in a company? Then be ready for a visit by CID

2018-04-11   |   Business

If you are a director or a shareholder having 25 percent or more shares in a company, it won’t be too long before an officer from the Criminal Inves...

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Govt. ready to launch Trade Information Portal in May

2018-04-11   |   Business

80% of work completed with support of 55 agencies DoC DG raises concerns over delays in implementing commitments under TFA Customs D...

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Consumer authority to nab errant traders

2018-04-09   |   Business

Sri Lanka's Consumer Affairs Authority (CAA) has taken measures to carry out special raids to nab errant traders throughout the country during the u...

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Tourism earnings up 13.8% Jan-Feb Records US$ 880 million

2018-04-04   |   Business

Tourism earnings during the first two months of this year, as well as in the month of February this year reflected almost the same growth tren...

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