Millers agree to supply rice at controlled price to market
Rice millers have agreed to supply 200,000 kilograms of rice daily to the market through the ‘Lanka Sathosa’, at a controlled price effective from today (04),
Continue Reading
Deadline extended for filing income tax returns
The Inland Revenue Department (IRD) has extended the deadline for filing Income Tax Returns for the Year of Assessment 2023/2024, offering relief to taxpayers and approved accountants affected by recent severe weather events.
Continue Reading
Fraudulent Vehicle Imports incur a loss Rs. 3 Billion in tax revenue
Behind the News
Continue Reading
UK-Sri Lanka Trade Mission Boosts Opportunities for Women Entrepreneurs
The UK-Sri Lanka Trade Mission, held from December 2-6 under the UK-funded SheTrades Commonwealth+ Program, is strengthening economic ties between the two nations while spotlighting women-led businesses.
Continue Reading
South Asia Agri Forum 2025 to be held in Sri Lanka
Bharat Subcontinental Agri Foundation (BSAF) is scheduled to organise South Asia Agri Forum – an event discussing the evolving scenario of pulses, grains, dry fruits,
Continue Reading
Fraudulent vehicle imports incur loss of Rs. 3 bn in tax revenue
A high-profile fraud involving over 200 luxury vehicle imports has been unearthed, amounting to a colossal loss to the government owing to non-payment of tax.
Continue Reading
Sri Lanka’s Debt Restructuring gains momentum
Sri Lanka’s efforts to address its debt crisis have gained significant momentum as bondholders representing the country’s US $12.55 billion in International Sovereign Bonds (ISBs) have committed to debt restructuring.
Continue Reading
Interim Vote on Account to cover initial 2025 expenditures
The interim Vote on Account for recurrent and capital expenditures, the servicing of public debt,
Continue Reading
Govt. gives Rs. 44 billion boost for locally manufactured medicines
The Government has approved the procurement of medicines and medical supplies worth over Rs. 44 billion from local manufacturers, aiming to address shortages in hospitals and clinics, while giving a boost to the pharmaceutical industry.
Continue Reading
Sri Lanka to expand blue economy with marinas in 21 fishery harbours
Sri Lanka has untapped potential in marine linked activities, with 1,340 kilometres of coastline and two seasons that allow year-round action, and can be expanded into a billion US dollar industry quickly, an industry official said.
Continue Reading