He reiterated the government’s commitment to maximizing the benefits provided to citizens, even amidst the current challenges. President Anura Kumara Disanayake held an extensive discussion with officials from the Ministry of Finance yesterday (07) at the Presidential Secretariat. The meeting focused on issues related to vehicle imports, withholding tax, and the digitalization of VAT collection….
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has joined the United Nations Women’s Empowerment Principles (WEPs) as a signatory, reaffirming its dedication to advancing gender equality and fostering a diverse and inclusive workplace aligned with its Diversity, Equity, and Inclusion (DEI) principles. This milestone builds on Dialog’s ongoing efforts to create opportunities for women…
The Committee on Public Finance, met for the first time Monday (Jan. 06) under the Chairmanship of its Chair, Member of Parliament Hon. (Dr.) Harsha de Silva. In terms of the Standing Orders of Parliament, Member of Parliament Hon. (Dr.) Harsha de Silva, representing the opposition, was nominated as the Chair to the Committee on…
The Government of Sri Lanka has prioritized the implementation of the National Single Window initiative to enhance services for exporters and importers of raw materials essential to local industries. Deputy Minister of Finance, Dr. Harshana Suriyapperuma, announced during a recent progress review meeting that the Department of Imports and Exports Control began offering its services…
The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has approved the tariff plans for ‘Starlink’ satellite broadband services to be implemented through ‘Starlink’ Lanka (Private) Ltd. Accordingly, the TRCSL has granted approval for five ‘Starlink’ packages ranging from Rs. 9,200 per month to Rs. 1.8 million per month. The TRCSL-approved tariff plans are as follows;…
The Governor of the Central Bank of Sri Lanka, Dr. Nandalal Weerasinghe assured that Sri Lanka’s foreign reserves remain robust. He made this remark during his appearance on Ada Derana’s current affairs programme ‘360°’ last night (06). Speaking during the programme, the CBSL chief said: “The target was around Rs.5.6 billion, but we increased it…
JICA Pledges Support for Sri Lanka’s “Clean Sri Lanka” Programme Attention drawn to expedite the on-going development work at the Bandaranaike International Airport The Japan International Cooperation Agency (JICA) will continue its financial and technical assistance to Sri Lanka without interruption, stated Mr. HARA Shohei, Senior Vice President of JICA. This assurance was revealed during…
Sri Lanka has recorded over 39,000 tourist arrivals within the first 5 days of year, according to the Sri Lanka Tourism Development Authority (SLTDA). Accordingly, a total of 39,415 tourist arrivals were recorded from 01 – 05 January, out of which 6,481 were identified as Russian nationals, while 6,183 were identified as Indian nationals. While…
HONG KONG, Jan 6 (Reuters) – China’s main stock exchanges asked some large mutual funds to restrict stock selling at the start of the year, three sources familiar with the matter said, as authorities sought to calm markets heading into a tricky period for the world’s second-largest economy. At least four large mutual funds received…
The Colombo Stock Exchange (CSE) experienced another sharp downturn today (January 6), with the All Share Price Index (ASPI) dropping 170.82 points to close at 15,878.60, marking a significant decline below the 16,000-point threshold. This marks the second consecutive day of losses for the ASPI, following a record-breaking growth streak of 26 days that ended…
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