Sri Lanka stocks marginally down as global trade war continues
Sri Lanka’s stocks closed down 0.06 percent amidst an extended holiday period in the island nation, and as the US-China trade war continued.
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Sri Lanka business the financial services continue to improve in March 2025
Sri Lanka business activities in the financial services continued to improve in March 2025 supported by increased lending activities according to a Purchasing Managers Index compiled by the central bank.
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Sri Lanka’s Cargills Bank urges public not to share breached data
Sri Lanka’s Cargills Bank, which faced a cybersecurity breach that led to sensitive information being leaked, has asked that already compromised data not be shared.
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Maldives bars travelers with Israeli passports over Gaza war
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CNL Reporter
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April 17, 2025
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News
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Gaza war
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The Maldives has changed its immigration law to bar people from entering the country with Israeli passports in a show of outrage over the war in Gaza.
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E-filing of VAT returns mandated from July 2025
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CNL Reporter
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April 17, 2025
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News
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VAT
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0 Comments
The Inland Revenue Department (IRD) says that all Value Added Tax (VAT) returns must be filed electronically from July 01, 2025.
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VAT exempted on locally produced milk and yogurt; digital services and traders face new tax changes
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CNL Reporter
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April 17, 2025
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News
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tax changes
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0 Comments
The Inland Revenue Department (IRD) announced that locally produced liquid milk and yogurt are now exempted from Value Added Tax (VAT),
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Colombo’s first fully automated terminal To boost South Asia’s trade future
CWIT is operated by Adani Ports and SEZ Ltd, John Keells Holdings PLC and Sri Lanka Ports Authority,
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Japan urges Sri Lanka to seize reform opportunity and boost bilateral ties
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CNL Reporter
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April 17, 2025
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Political
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Japan
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As economic uncertainty looms globally, Sri Lanka should pursue strategic reforms, diversify exports,
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Decision to privatise SriLankan Airlines scrapped
A decision taken by the previous administration to privatise SriLankan Airlines has been scrapped, the President’s Media Unit said.
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Ransomware attacks on Sri Lankan businesses continue to surge
A total of 2,803 ransomware incidents were detected and blocked by Kaspersky cybersecurity solutions for businesses in Sri Lanka
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