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    Taxes imposed on gem and jewelry industry removed

    Taxes imposed on gem and jewelry industry removed

    President directs relevant officials to remove the15% import tax and 14% income tax on gold for the Gem & Jewellery industry, stated the President’s Media division.         Courtesy – Daily News…

    Sri Lanka Ports Authority urges importers to clear vehicles

    Sri Lanka Ports Authority urges importers to clear vehicles

    Sri Lanka Ports Authority (SLPA) reiterates that the prevailing Covid-19 restrictions are no obstacle to clear the vehicles at the Colombo Port. About 400 vehicles have already been parked at the East Container Terminal (ECT) of the Port of Colombo whilst a considerable number has been parked at…

    IFC Partners with Ceylon Biscuits Limited to Support Women Retailer Development, Promote Inclusive Business Growth in Sri Lanka

    IFC Partners with Ceylon Biscuits Limited to Support Women Retailer Development, Promote Inclusive Business Growth in Sri Lanka

    IFC, a member of the World Bank Group, has joined hands with Ceylon Biscuits Limited (CBL) Group to provide training and business development opportunities to strengthen and increase female participation in retail supply chains in Sri Lanka. The project will also focus on promoting digital payment methods among…

    Gazette issued banning re-export of spices & allied products

    Gazette issued banning re-export of spices & allied products

    A Gazette notification has been issued prohibiting the re-export of key spices and allies products from Sri Lanka,…

    Investor Dr. Mark Mobius in Colombo next week

    Investor Dr. Mark Mobius in Colombo next week

    Colombo’s upcoming major mixed development, Cinnamon Life announced the visit of the legendary emerging markets investment pioneer, Dr.…

    Omega Line to build new $24 mn lingerie factory

    Omega Line to build new $24 mn lingerie factory

    The Board of Investment of Sri Lanka signed an agreement with Omega Line Limited to reconstruct the factory…

    Sri Lanka’s Hambantota port in deal with NYK to tranship vehicles

    Sri Lanka’s Hambantota port in deal with NYK to tranship vehicles

    Hambantota International Port Group (HIPG) said it recently entered into an agreement with Japanese shipping conglomerate Nippon Yusen…

    SL should prepare implementable electricity generation plans: Nishan de Mel

    SL should prepare implementable electricity generation plans: Nishan de Mel

    Sri Lanka should prepare implementable and consistent electricity generation plans incorporating PESTAL factors, global trends and policy changes,…

    Slowdown of Indian economy to affect Colombo port earnings: CBSL Chief

    Slowdown of Indian economy to affect Colombo port earnings: CBSL Chief

    Earnings of Sri Lanka’s main commercial port in Colombo is to be affected by the slowdown of the…

    Altair infuses USD 25 mn via syndicated loan

    Altair infuses USD 25 mn via syndicated loan

    A consortium of leading local banks, comprising of the Bank of Ceylon, NDB Bank and National Savings Bank…

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