Beyond CIF reductions and depreciation allowances, another practice within Sri Lanka’s vehicle market is drawing intensified scrutiny: VAT-free trade-ins structured to obscure transaction values.
The...
Sri Lanka’s tourism sector is celebrating record-breaking arrivals but behind the celebratory headlines lies a more complex revenue story. While the country welcomed its...
Beyond trade ledgers and reserve statistics, the expansion of INR settlement carries a more immediate impact: how tourists spend and how much they leave...
US President Donald Trump on Friday described the Supreme Court’s decision to strike down his sweeping global tariffs as “deeply disappointing,” while announcing plans...
The National Botanic Gardens Department has announced that revenue generated from Sri Lanka’s botanical gardens exceeded Rs. 1 billion in 2025.
According to the Department,...
