Tag: SL Government

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LITRO GAS LANKA ADDRESSES CONCERNS RAISED OVER STAFF SALARIES

PRESS RELEASE Litro Gas Lanka, Sri Lanka’s national LPG provider that generated over Rs 500 million in profits prior to 2019, seeks to clarify vague...

Two finance companies fined Rs.1.5 mn for violating Central Bank rules

Two finance companies have been filed a total of Rs.1.5 million by the Central Bank (CB) for violating anti-money laundering and terrorist financing regulations imposed by the banking regulator (CB). The fines were imposed in September 2021.

Deployment of workers to Japan is accelerated

Manusha Nanayakkara, Minister of Labor and Foreign Employment, has implemented a practical program with the goal of bringing five hundred million US dollars monthly...

Central Bank decides to liquidate five failed finance companies

Five failed finance companies are to be liquidated in accordance with a decision taken by the Monetary Board of the Central Bank of Sri Lanka (Monetary Board)

SL Trade Development Council demands Govt. to protect SMEs

Sri Lanka Trade Development Council (SLTDC) recently demanded immediate action from the Government to protect the small and medium enterprises (SMEs) with a plan to Cabinet paper, warning they would otherwise bring all engaged in the sector to the streets

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Unified Brand, Rising Revenues, But Can Tourism Deliver?

Sri Lanka’s tourism sector is once again being presented...

Official Creditor Committee Clears SriLankan Airlines Debt Deal, Risks Remain

Sri Lanka has crossed another sensitive checkpoint in its...

GovPay’s Digital Gains Buffer Fiscal Strain after Cyclone

As Sri Lanka grapples with rising public expenditure following...

High Court Upholds Construction Rights in Pentara Residences Dispute

Sri Lanka’s Civil Appellate High Court has decisively rejected...

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