Tag: Business

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GENESIS OF A NEW ERA FOR SIYAPATHA FINANCE PLC

GENESIS OF A NEW ERA FOR SIYAPATHA FINANCE PLC

SLIM signs a Memorandum of Understanding (MoU) with SLASSCOM (Guarantee) Limited

SLIM signs a Memorandum of Understanding (MoU) with SLASSCOM (Guarantee) Limited

Downgrades and its impact on banks

The Daily FT reported on Monday that Fitch Ratings had downgraded Bank of Ceylon's (BOC) Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CC', from...

Commercial banks at risk amid deficit of Rs. 455 billion

The commercial banks in Sri Lanka are suffering from a deficit of Rs. 455 billion, revealed former deputy Governor of the Central Bank of...

Private sector jointly expresses concern on currency shortage impact

Ten chambers of commerce and industry in a joint statement expressed serious concern over the impact of the foreign currency shortage in the country. The...

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Exporters Urged to Prepare for New VAT Refund Regime

With Sri Lanka’s long-running Simplified VAT (SVAT) scheme now...

Economic Recovery Stalls as Policy Reversals Undermine Reform

Sri Lanka’s path to recovery remains woefully unfinished. While...

SL Construction Sector Gains Momentum, but Relief Delay Stalls Broad Recovery

Sri Lanka’s construction industry, long battered by economic turbulence,...

Betting and Gambling Levy Amendment Raises Taxes, Casino Entry Fee

The government has published the Gazette on Betting and Gambling...

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