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Colombo Port City to feature prominently at CHOGM in Rwanda this week
The Colombo Port City will feature prominently at the year’s Commonwealth Heads of Government Meeting taking place in Rwanda this week.
IMF team holds talks with SL PM in parallel to debt advisers consultations
Representatives from Sri Lanka’s financial and legal advisors, Lazard and Clifford Chance LLP now in Colombo have started their preliminary observations of the island nation's debt restructuring amidst the country’s worst economic crisis , Finance Ministry sources said.
Australia to assist SL to tackle economic crisis within IMF framework
Australia’s Minister for Home Affairs Clare O’Neill assures her willingness to provide assistance to increase government revenue and also help in the success of the sustainable Energy Generation Programme through the experience in customs administration.
Excise Department goes for digitisation to improve tax revenue
Sri Lanka’s Excise Department is in the process of enhancing revenue collection and strengthening tax administration with the aim of contributing much needed cash for state coffers in the severe economic crisis, top official of the department said.
Port City Development Regulations taint with irregularities
Numerous concerns are being raised over irregularities and alleged unlawfulness of outdated physical models (town planning/urbanisation) under the Colombo Port City Development Control Regulations (DCR). The DCR was unveiled on June10