Tag: SL Government
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SL apparel sector up in arms against removal of protection from anti-competitive practices
Sri Lanka’s apparel sector, a major much needed foreign exchange earner for the country has expressed concerns on the withdrawal of protection granted to importers and exporters from anti-competitive practices of service providers for many years.
Sri Lanka universities to engage in national development for the first time
Sri Lankan universities are to be actively involved for the first time in the history of the island nation in an ambitious national youth programme targeting key sectors contributing to the Gross Domestic Project (GDP).
Sri Lankan Business begin to feel the pinch from higher taxes
Sri Lankan Business enterprises have started to feel the pinch from higher taxes, even before the new and elevated corporate income tax came into effect from January 1.
SL’s banking sector faces asset quality issues amidst higher bad loans
Sri Lanka’s banking sector, already facing pandemic-related asset quality challenges, has been further hit by its increasing exposure to the sovereign debts, several banking and finance analysts claimed.
CID to take over investigation into fake fool proof liquor sticker
The Criminal Investigation Department is set to take over the investigation into alleged malpractices in the introduction of fool proof liquor with QR code for all liquor products without addressing practical issues and mal practices in the implementation of this scheme.