It is revealed that the tax concessions for the recent controversial multi- development hotel project in Colombo with Australian businessman James Packer’s involvement and two other multi-development projects have received Cabinet approval. This comes to light when the gazette notifications issued by the government on projects undertaken by Lake Leisure Holdings involving James Packer and the multi-development projects…
– Some 30 tons of Sri Lankan coins stuck in India Pilgrims and devotees as a habit mostly offer coins to temples and places of worship. This results in a shortage of coins in the monetary circulation. Sri Lanka Central Bank Governor Ajith Nivard Cabraal has proposed a novel solution to this issue. While speaking…
Though a gazette notification has been passed in parliament with the government and opposition unanimously voting in favor of at least 80 percent of a cigarette pack carrying pictorial warnings against smoking, it is not necessary to carry this out at the moment since there is a Supreme Court ruling in this regard, states the…
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