The government has planned to compile a detailed report on loans taken by Small and Medium-sized Enterprises (SMEs) across the country to help create relief measures for the businesses struggling with debt.
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Proposed country-specific industrial parks is aimed at addressing concerns around economic and political risks associated with single-market operations Effort expected to foster bilateral trade, reduce investment risk, and create new avenues for economic cooperation New BOI Chief points out inter-regional trade remains at negligible levels of around five percent of overall trade in the region, in contrast to the 32 …
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The presence of a large number of candidates has cost the election authorities dearly in terms of additional expenses for extra counting centres, documentation work, and ballot paper printing, an official said yesterday.
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The Attorney General has informed the Supreme Court that the new government intends to review the Extraordinary Gazette notification issued by former Wildlife Minister Pavithra Wanniarachchi, which altered the boundaries of the Vidataltivu Nature Reserve to facilitate an aquaculture project.
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Sri Lanka is expected to rank among the world’s fastest-growing travel destinations in 2025, with tourism spending forecasted to increase by 40 percent, according to the 2024 WTM Global Travel Report, published in partnership with Tourism Economics.
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HVA Foods PLC, a member of the George Steuart Group, announces its exclusive distributor partnership with Müggenburg Group, Germany, a renowned family-owned company with over 80 years of expertise in high-quality herbs and botanicals.
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Sri Lanka’s foreign-exchange reserves surged by an impressive 81% year-on-year in October 2024, reaching USD 6.5 billion due to the support of its IMF program, according to Fitch Ratings.
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The officers attached to the Narcotic Control unit at the Bandaranaike International Airport (BIA) in Katunayake have arrested a passenger at the Green Channel who arrived from Sierra Leon last morning on suspicion of trafficking narcotic substances.
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Five leading liquor manufacturers, including W. M. Mendis and Co. limited, face the imminent threat of losing their liquor production licenses if they fail to settle an outstanding tax debt totaling Rs. 8.5 billion by November 30th.
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Sri Lanka’s tourism sector continued its robust rebound with over 61,000 arrivals in the first 10 days of November, bringing the year-to-date (YTD) to over 1.68 million.
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