Ceylon Chamber Urges Government to Reconsider SVAT Abolition amidst concerns on adverse impact on export sector
The Ceylon Chamber of Commerce is urging the Government to reconsider its recent decision to abolish the Simplified Value Added Tax (SVAT) system given the impact it would have on…
COLOMBO PORT CITY RECEIVED APPROVAL FOR
BUSINESSES OF STRATEGIC IMPORTANCE
The Colombo Port City Economic Commission has achieved a significant milestone in its journey, to transform the Colombo Port City into a globally competitive special economic zone (SEZ). The Parliament…
Sri Lanka to embrace sustainable manufacturing and circular economy, gain significance, differentiate globally elevating manufacturing economy” – Swaminathan
The plastics and rubber products market expected to grow to $1899.33 billion in 2027 at a CAGR of 6.7% with new developments in packaging and innovation Sri Lanka’s Advancement circular…
COPF raps Finance Ministry over its failure in recovering the loss incurred by the Sugar Tax Scam
The Committee on Public Finance (COPOF) questioned the officials representing the Ministry of Finance regarding the action taken to recover the loss incurred by the Sugar Tax Scam in Sri…
Ceylon Chamber Announces Strategic Partnership to Implement ERP Solution
The Ceylon Chamber of Commerce entered a strategic partnership with renowned implementationservice provider Pristine Solutions Pvt Ltd, to revolutionize its operations and bring cutting-edgetechnology to the forefront with the implementation…
Velona Cuddles Bamboo Nappies Set to Revolutionize Baby Care in Australia 
Threadworks, a leading innovator in baby products, is thrilled to announce the successful launch of its ground-breaking product line – Bamboo Nappies – in Australia. Designed to provide parents with…
Sri Lanka’s Central Bank Cut SRR by 2 %
In a bid to increase market liquidity, the Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 8 August 2023, decided to reduce the Statutory…
Sri Lanka Agripreneurs’ Forum and I/D/E/A/S Announce Partnership Launch “Agcelerator” Funding and Mentoring Program for Agri SMEs and Startups
Sri Lanka Agripreneurs’ Forum (SLAF), the leading agribusiness association in Sri Lanka, and I/D/E/A/S(Initiatives in Development of Entrepreneur Approaches & Strategies), a group of retired Sri Lankanprofessionals dedicated to giving…
Illegal cigarettes causing Rs.52 Billion revenue loss to Government
The expansion in the Illegal cigarettes market driven by recent tax hikes is causing a record Rs. 52 billion revenue loss to the Government, According to the ongoing research conducted…
Sri Lanka Met 33 IMF Commitments and failed 8 by end-June
Sri Lanka had verifiably met 33 of the trackable program commitments of the International Monetary Fund (IMF) program as of the end of June 2023 but had failed eight, according to…