Business
LTL union says politically driven groups behind ‘smear campaign’
Members of the staff trade union at LTL Holdings said that politically motivated groups and rival interests are orchestrating a coordinated campaign to...
Fuel stations allege CPC coercion and blackmail in controversial fee dispute
Several fuel station owners operating from Ceylon Petroleum Corporation (CPC)-owned outlets have initiated legal proceedings against the state-run corporation, alleging coercion and blackmail...
Vehicle registrations on the decline
Vehicle registrations last month stood at 47,685, a two percent decrease from 48,708 in the previous month, said CAL Research in a report...
SriLankan Airlines losses surge to Rs. 12.6 billion
SriLankan Airlines reported an increase in losses, reaching Rs. 12.6 billion in the first five months of the 2025/26 financial year ending August....
Sri Lanka’s 2026 Budget offers few positives, may strain firms under tighter tax regime – KPMG
The decision to reduce Sri Lanka’s Value Added Tax (VAT) and Social Security Contribution Tax (SSCT) registration thresholds from Rs. 60 million to...
Sri Lanka loses Rs. 240 billion in tax revenue
The Ministry of Finance has revealed that the Sri Lankan government sacrificed more than Rs. 240 billion in potential tax revenue during the...
Green Tea yields plummet as fertiliser shortage hits small estate owners
The yield of green tea leaves in Sri Lanka is declining rapidly due to a shortage of quality chemical fertilisers and delays in...
Sri Lanka’s private sector borrowings hit record Rs. 236 billion in September
Private sector borrowings in Sri Lanka surged to a record Rs. 236.3 billion in September, pushing the total outstanding private sector debt to...
