Business

191 Articles
Business

Tech entrepreneurs warn of brain drain amid new taxes on digital services 

Dr. Harsha Subasinghe, one of the founders of Colombo’s Trace City – a knowledge-based techno-centric business hub, has expressed serious concerns about the...

Business

Royal Thai Embassy and Ceylon Chamber host business forum

At the invitation of the Royal Thai Embassy in Colombo, The Ceylon Chamber of Commerce, together with the Chamber’s Sri Lanka Greater Mekong...

Business

Month after pullout by Adani Group, Sri Lanka says it’s ready to renegotiate $442 mn energy project

Sri Lanka has said it remains open for renegotiations on the USD 442 million wind energy project after India-based company Adani Group pulled...

Business

Sri Lanka strengthens protection for local products with launch of Geographical Indications Registry

The National Intellectual Property Office (NIPO), under the patronage of the Ministry of Trade, Commerce, Food Security, and Co-operative Development, officially opened the...

Business

Entrepreneurs raise concerns over budget 2025 proposal on private sector salary hike

The Sri Lanka United Businesses Alliance (SLUBA) has voiced concerns over the government’s proposal to increase private sector salaries, arguing that such an...

Business

Sri Lanka seeks to adopt digital tools to enhance trade opportunities under SAFTA

The Committee on Ways and Means has highlighted the crucial role of small and medium-sized enterprises (SMEs) in boosting exports under the South...

Business

JAAF cautions Govt on SVAT removal

The Joint Apparel Association Forum (JAAF) has raised concerns about the government’s decision to transition from the Simplified Value Added Tax (SVAT) scheme...

Business

Japanese banks refuse to confirm Sri Lankan banks letters of credit

Despite the government granting permission to import vehicles to Sri Lanka, a problem has arisen regarding the import of Japanese vehicles, the Vehicle...