Category : Economy & Market

CESS phase-out to deliver immediate tax relief

The Government’s plan to phase out Commodity Export Subsidy Scheme (CESS) taxes is se...

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Retailers bracing for spending decline

The Sri Lanka Retailers’ Association expects slower consumer spending during the New ...

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Fertilizer Price Surge Threatens Food Inflation in Sri Lanka – ADB

Sri Lanka could face renewed food inflation pressures as global fertilizer prices sur...

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Liquor outlets to close on April 13–14

Excise Department announces closure of all liquor outlets on April 13–14 for the Sinh...

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Sri Lanka tax revenue rises 17.7% to Rs. 606 billion in Q1

The Inland Revenue Department reported Rs. 606 billion in tax revenue for the first q...

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Sri Lanka’s HNB Finance to raise Rs2.4bn in rights issue

HNB Finance plans to raise about Rs. 2.5 billion through a rights issue, offering 2 n...

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Fertilizer shortages threaten to wither Sri Lanka’s plantation sector output

The Planters’ Association of Ceylon has warned that rising fertiliser prices and supp...

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China continues fuel and fertiliser support to Sri Lanka

China reaffirms support to Sri Lanka amid global disruptions, ensuring continued fuel...

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