Business

188 Articles
Business

Sri Lanka borrows $100 mn from IDA for Integrated Rurban Development Project

The Government of Sri Lanka has arranged to borrow USD 100 million from the International Development Association (IDA) of the World Bank Group...

Business

Live gaming centres face Rs. 6.46 Mn in outstanding taxes

The Department of Inland Revenue has stated that seven owners operating live broadcast gaming centres collected annual fees totalling Rs. 340,750,000 for the...

Business

Sri Lanka launches Banana Tissue Culture Laboratory to boost fruit value chain development

The North Central Provincial Department of Agriculture inaugurated a state-of-the-art Banana Tissue Culture Planting Material Production Laboratory at the In-Service Training Institute in...

Business

Sri Lanka–Japan Business Council holds 46th AGM, highlights investment revival

The Sri Lanka – Japan Business Council (SLJBC) of the Ceylon Chamber of Commerce recently held its 46th AGM, with the Ambassador of...

Business

Customs detains another 1,000 Chinese BYD EVs

Sri Lanka Customs has detained an additional 1,000 electric vehicles imported from Chinese manufacturer BYD, citing concerns over declared motor capacity, which is...

Business

Acquiring of Colombo Dockyard by Indian shipbuilding firm delayed

Colombo Dockyard, which is to be acquired by India’s Mazagon Dock Shipbuilders Limited through an injection of capital, said the Rs 12.9 billion...

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...