Sri Lanka, June 26 -- Hundreds of vehicles are stranded at the port, with hundreds more on the way, after Sri Lanka Customs abruptly halted the clearance of vehicles imported under cross-border Letter... Read More
Sri Lanka, June 20 -- The Inland Revenue Department (IRD) has disbursed a large portion of its long-standing tax refund backlog this year, following a targeted intervention by the Finance Ministry to ... Read More
Sri Lanka, June 11 -- The Sri Lanka Ports Authority (SLPA) yesterday moved to reassure the shipping industry an end to operational shutdowns at the East Container Terminal (ECT) previously required fo... Read More
Sri Lanka, June 6 -- Six parties have submitted bids for the much-awaited Port Community System (PCS), an initiative considered as a crucial step towards digitising port operations and a stepping ston... Read More
Sri Lanka, June 5 -- The upcoming repeal of the Simplified Value Added Tax (SVAT) regime is projected to significantly bolster Sri Lanka's Value Added Tax (VAT) revenue, with an estimated additional R... Read More
Sri Lanka, June 5 -- The Port of Colombo's transshipment volumes recorded a 5.8 percent year-on-year (YoY) decline in April 2025, reaching 495,456 twenty-foot equivalent units (TEUs), marking the four... Read More
Sri Lanka, May 22 -- Sri Lanka is set to release a comprehensive white paper outlining its legislative roadmap for artificial intelligence (AI) within the next two to three months, according to AI Adv... Read More
Srilanka, May 16 -- Sri Lanka's tourism sector showed improved growth in tourist arrivals in the first 13 days of May 2025, with an expansion of 21.53 percent year-on-year (YoY) compared to the same p... Read More
Srilanka, May 15 -- Merchant Bank of Sri Lanka & Finance PLC (MBSL), a subsidiary of Bank of Ceylon, has set an ambitious objective to increase its balance sheet to Rs.50 billion by 2026, following a ... Read More
Srilanka, May 15 -- A recent decision by the Central Bank (CB) to double the Merchant Discount Rate (MDR) for QR code transactions, raising it from 0.5 percent to 1 percent, has ignited strong critici... Read More