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Tax experts say lower VAT threshold could strain market

Srilanka, Nov. 12 -- The reduction of Sri Lanka's Value Added Tax (VAT) and Social Security Contribution Levy registration thresholds from Rs.60 million to Rs.36 million per year is expected to have a... Read More


Port City Colombo hits major milestone with completion of Phase 1 infrastructure

Sri Lanka, Oct. 18 -- Port City Colombo yesterday announced the completion of the first phase of its infrastructure development, a key milestone in Sri Lanka's most ambitious urban development project... Read More


World Bank says Sri Lanka's economic recovery incomplete; poverty levels still high

Srilanka, Oct. 11 -- Despite Sri Lanka's recent strong economic performance, the country's poverty levels remain significantly high, according to the World Bank's latest development update, Better Spe... Read More