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Sri Lanka inflation quickens for third month as economy rebounds

Sri Lanka‚Äôs inflation climbed in December for a third straight month as a rebound in economic activity boosted consumption. The consumer price index in Colombo rose 4 percent from a…

Colombo Bourse records the largest gain in a month

Colombo Bourse settled firmly in the green zone trading positively throughout the day, continuing its upward trend for the third consecutive day, recording the biggest gain in the past month.…

National Budget 2024: A Framework for National Development – Pragmatic Implementation and Timely Execution Will be Key – Ceylon Chamber

The Ceylon Chamber of Commerce considers the 2024 Budget as a crucial step in continuingthe macroeconomic stabilization measures that began in late 2022, as a response to theeconomic challenges faced…

COPF Clears New Tax Measures aimed at Closing Tax Loopholes existed Soap Production Import Materials

The Committee on Public Finance (COPF) convened last week to address critical matters pertaining to the importation of ‘soap noodles’ for soap production and to consider the Order under the…

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…

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…

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…