BUSINESS

Government to withdraw SGST exploring other tax options 

Thegovernment is withdrawing the special Goods and Services Tax (GST) bill aimed at simplifying the existing tax structure and consolidates several taxes assingle tax...

Sri Lanka and EU identify areas for close collaboration

The European Union and Sri Lanka have identified areas for the strengthening of partnerships between the EU and the island nation, Diplomatic sources said.   Foreign Minister Prof. G.L....

Sri Lanka’s First Ever Locally Assembled Single Cab Pik-Up Launched

Mahindra & Mahindra Ltd. (M&M Ltd.) and Ideal Motors, a fully owned subsidiary of the Ideal Group, today (24) announced the start of deliveries...

Sri Lankan hand loom Industry to be popularised in London  

Sri Lanka’s 2,500-year-old hand loom industry is to popularised in the capital of fashion and heart of London to meet future designers wanting to create impact with design. London...

CB denies reports on debt restructuring talks with a foreign firm 

Sri Lanka's central bank on Thursday said the country had not sought any "restructuring" assistance for its debt, amid a worsening economic crisis which...

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