BUSINESS

IMF greenlights the disbursement of US$ 337 million 2nd tranche of EFF for Sri Lanka.

By: Staff Writer Colombo (LNW):IMF executive board has greenlighted the immediate disbursement of US$ 337 million second tranche of the US$2.9 billion Extended Fund Facility...

Govt.’s digital initiative rebuffs Lankan firms via discriminatory VAT.

By: Staff Writer Colombo (LNW):The Government’s much publicized “digital” push is likely to be without home-grown Sri Lankan firms as they won’t be VAT exempted...

SL sans mechanism to identify foreign blacklisted companies.

By: Staff Writer Colombo (LNW):State Minister of Finance Ranjith Siyambalapitiya yesterday admitted that the Ministry of Finance lacks a mechanism to identify internationally blacklisted companies...

Over 57,000 tourists visit the island in first 10 days crossing the 1.3 million milestone.

By: Staff Writer Colombo (LNW):Sri Lanka hopes to double tourist arrivals to 1.5 million this year and bring in US $5 million in vital foreign...

Pinus wood imports cost staggering Rs.4.8 billion for Sri Lanka.

By: Staff Writer Colombo (LNW): Sri Lanka, in the last three years, has spent a staggering Rs.4800 million on the import of Pinus wood, raising...

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