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Luxury Intimate Wear Brand amanté Enters GCC Market Through Strategic Partnership with 4R Holdings
Sri Lanka’s leading intimate wear brand, amanté, is entering the Gulf Cooperation Council (GCC) market through a partnership with 4R Holdings International (Pvt) Ltd.
4R...
Dhammika Perera buys Sri Lanka’s East West Properties
ECONOMYNEXT – Sri Lanka businessman Kulappu Arachchige Don Dhammika Perera has bought 106.9 million shares of East West Properties PLC for 3.2 billion rupees.
This...
Former DMT Chief and Three Others Granted Bail in Illegal Vehicle Registration Case
The Colombo Magistrate’s Court has granted bail to four suspects, including former Department of Motor Traffic (DMT) Commissioner General Nishantha Anuruddha Weerasinghe, who were arrested over the alleged illegal...
Inland Revenue Dept Targets VAT Evaders with Asset Seizures and Legal Action
The Inland Revenue Department (IRD) has launched a series of criminal investigations into persistent tax evasion cases, particularly focusing on Value Added Tax (VAT)...
Govt to Roll out Wealth and Property Taxes to Ease Burden on Poor
In a major shift toward progressive taxation, the Sri Lankan government is preparing to implement sweeping reforms to its tax system that will place...