Business

158 Articles
Business

Potato and onion import taxes soar

The Ministry of Finance has announced a significant hike in the Special Commodity Levy on imported potatoes and big onions, effective from 26...

Business

Pay fair taxes for facilities provided, President tells exporters

A pre-budget discussion for the year 2026 was held yesterday (26) at the Presidential Secretariat under the patronage of President Anura Kumara Dissanayake...

Business

Over 22,000 workplaces avoid EPF registration

Over 22,000 workplaces in Sri Lanka are registered only with the Employees’ Trust Fund (ETF), avoiding parallel registration with the Employees’ Provident Fund...

Business

Sri Lanka to establish seven new investment zones

Sri Lanka’s Board of Investment (BOI) has unveiled plans to establish seven new investment zones across the country this year, in a major...

Business

UK trade reforms to boost Sri Lankan garment exports from 2026

Sri Lankan garment manufacturers are set to gain unprecedented access to UK markets under liberalised trade rules taking effect in early 2026, the...

Business

Over 10,000 vehicles stranded at ports amid Govt clearance failures

More than 10,000 vehicles remain stranded at Sri Lanka’s ports due to significant delays in clearance and documentation, the Chairman of the Vehicle...

Business

Sri Lanka’s electrical equipment manufacturing slumps 27% despite modest export gains

Sri Lanka’s electrical equipment manufacturing sector recorded a contraction of 27.4% in the second quarter of 2025 compared to the same period last...

Business

Mannar Wind Project: Sri Lanka to return only refundable deposit to Adani Group

Sri Lanka will return only the refundable portion of financial deposits made by the Adani Group for the now-stalled Mannar Wind Power project,...