COVID-19’s Impact on Young People Risks a Lost Generation
The COVID-19 pandemic caused a massive collapse in human capital at critical moments in the life cycle, derailing development for millions of children and young people in low- and middle-income…
PrimeGlobal adds member firm in China and debuts in Sri Lanka
Global professional services association PrimeGlobal has in recent months welcomed two new member firms in Asia: Pengsheng in China, and Ranwatta & Co in Sri Lanka. Headquartered in Southern China…
Locally assembled Hyundai Grand i10 hit the roads in Sri Lanka
The Hyundai Grand i10 car, assembled for the first time in Sri Lanka was launched at the Colombo City Centre yesterday (10) under the patronage of President Ranil Wickremesinghe. The…
Steps underway to establish a National Policy Commission for planning, implementing, monitoring and reviewing national policies and strategies
A discussion pertaining to the concept paper related to the proposed establishment of the National Policy Commission for the purpose of planning, implementing, monitoring and reviewing national policies and strategies…
Sri Lank’s trade deficit hits a 12-year low in 2022
The deficit in the trade account in 2022 narrowed to the lowest level since 2010 to $ 5,185 million, from $8,139 million recorded in 2021. Earnings from exports in 2022…
Sri Lanka targets UAE, Saudi Arabia in global tea promotion campaign
Arabnews:Sri Lanka’s tea industry is planning a global promotional campaign targeting its main export destinations, including the UAE and Saudi Arabia, as the crisis-hit country looks to attract additional foreign…
COPA Pushes for proper implementation of the Revenue Administration Management Information System (RAMIS) at IRD
Several new proposals were proposed by the Committee on Public Accounts (COPA) to make the work of the Inland Revenue Department more efficient including proper implementation of the Revenue Administration…
Sri Lanka And Bangladesh Keen To Import Ethanol From India
Bangladesh and Sri Lanka are keen to start importing ethanol from India. Nitin Gadkari, India’s Minister of Road and Transport Highways announced that the issue has already been discussed with…
USAID Commences 5-Year Ocean Plastics Reduction Project in Sri Lanka and Maldives
The United States Agency for International Development (USAID) announced the official launch of a planned 5-year project in Sri Lanka and Maldives to reduce environmental plastics by decreasing the industrial…
Inland Revenue (Amendment) Act comes into force from today
Speaker Mahinda Yapa Abeywardena today (19) endorsed the certificate on the Inland Revenue (Amendment) Bill which was passed by a majority of votes after debate in Parliament. Following the debate…