UPWARD TRAJECTORY SUPPORTED BY IMPROVING ECONOMIC SENTIMENT, CONSECUTIVE FESTIVE SEASONS, AND A FORECASTED INCREASE IN CONSUMER SPENDING
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The Excise Department of Sri Lanka has announced plans to introduce a new type of alcohol at a lower price to combat the growing consumption of illicit liquor.
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Vehicles that have been granted permission to be imported into Sri Lanka must be registered within 90 days,
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NEWS OF THE DAY
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The Ministry of Finance says that importers must register at least 25% of the total number of vehicles imported within six months.
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Sri Lanka Police has transferred eight Senior Superintendents of Police (SSPs) and assigned them new appointments, based on recommendations from the National Police Commission, the Police Media Division stated.
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Sri Lanka Customs (SLC) has refuted false information circulating about the imposition of a fuel tax on hybrid vehicles during customs clearance.The SLC clarified that there are two types of hybrid vehicles.
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The Securities and Exchange Commission of Sri Lanka (SEC) has recently raised concerns about a growing trend of investment schemes promoting offshore market opportunities.
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The state-run Ceylon Electricity Board (CEB) has made an operating loss of Rs. 3 billion in December 2024 quarter, and made a marginal net profit with the help of other income and gains.
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The Employees’ Provident Fund (EPF) has suffered close to Rs. 20 billion in losses from bond and equity market investments, with an additional Rs. 12 billion in foregone earnings, as a result of bypassing due process and investing in unlisted equity, according to a new report by Verité Research.
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