Colombo International Tea Convention to drive global dialogue on Tea as a Lifestyle and a Livelihood
The Colombo International Tea Convention will be held from the 24th to the 26th July 2024, bringing together the biggest leaders and disruptors of the tea industry to inspire insightful…
Regulations on the Colombo Port City’s duty-free shopping complex submitted for cabinet approval amid legal concerns
The Committee on Public Finance (COPF) informed the Secretary to the Ministry of the Investment Promotion to intervene with immediate effect to arrive at a decision regarding a duty-free shopping…
Workers’ Remittances Inflows Off to a steady start in January
Workers’ remittances inflows jumped 11.4 percent Year-on-Year (Yoy) to $487.6 million in January this year, slightly below US$ 570 million recorded in festive December last year and failing to cross…
Electoral uncertainty casts a shadow over Sri Lanka’s progress
By Prof.Neil DeVotta The Sri Lankan economy stabilised in 2023, with assisted recovery measures including an Extended Fund Facility Program with the International Monetary Fund and loans from the Asian…
CSE declining streak extended to 10 session
Once again, the Colombo Bourse closed in the red zone, with the blue-chip and banking counters dragging the index down for its 10th consecutive fall. The All Share Price Index…
Sri Lanka inflation quickens for third month as economy rebounds
Sri Lanka’s 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…