Proposed Taxi Fare Increase in Response to New VAT Implementation
The Inter-Provincial Private Bus Association (IPPBA), the All Island School Van Operators Association (AISVOA), and the All-Island Three-Wheeler Drivers’ Union
Central Bank of Sri Lanka Releases Financial Stability Review 2023
The Financial Stability Review (FSR) of 2023, recently published by the Central Bank of Sri Lanka, provides insights into the
Sri Lanka Extends Deadline for SriLankan Airlines Privatization Proposals for the Second Time
The Sri Lankan government has prolonged the deadline for inviting proposals from potential investors interested in acquiring SriLankan Airlines, marking
Sri Lanka to Implement Significant Changes to Value Added Tax (VAT) in the New Year
Effective January 1st, 2024, Sri Lanka’s Value Added Tax (VAT) is slated for a substantial adjustment, with the rate increasing
India and South Korea Consider Joint Development Projects in Sri Lanka and Bangladesh
India and South Korea are reportedly exploring joint development projects in neighboring Sri Lanka and Bangladesh, according to sources familiar
Prime Minister of Thailand to Sign Free Trade Agreement with Sri Lanka in February
According to the Thailand Commerce Ministry, Prime Minister Srettha Thavisin is set to travel to Sri Lanka in February to
Indian High Commissioner Pledges Support for Passenger Ferry Service Between India and Sri Lanka
In a crucial meeting held on December 28, 2023, with the Minister of Ports, Shipping, and Aviation, Nimal Siripala de
Online Payment Portals to Cover All 341 Local Government Bodies from Next Year
State Minister of Provincial Councils and Local Government, Janaka Wakkumbura, has revealed plans to introduce online payment portals for all
Revised VAT Implementation to Eliminate Ports and Airports Development Levy (PAL) on Fuel and Gas
In a significant development, the Ports and Airports Development Levy (PAL) currently levied on fuel and gas is poised for
President Wickremesinghe Addresses Crucial National Challenges at Centenary Celebration of Badulla Guruthalawa Muslim Central College
In a momentous announcement during the centenary celebration of Badulla Guruthalawa Muslim Central College on December 27th, President Ranil Wickremesinghe