Govt. earns Rs. 136 billion from vehicle imports in 4 months
The Government has generated Rs. 136 billion in revenue from motor vehicle imports between January and April 2025.This figure includes collections from Value Added Tax (VAT), Customs Duty, and Luxury Tax.
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Govt to Repurpose Idle State Lands for SME Investment
The Governemnt is proceeding with a wide-ranging development initiative to provide underutilised State-owned
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New Credit Guarantee Body Launched to Boost SME Lending
Sri Lanka has launched the National Credit Guarantee Institution Ltd (NCGIL) to enhance access to finance for
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Dual Deficits and Global Pressures Put Sri Lanka’s Economic Revival at Risk
NEWS OF THE DAY
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UK Trade Envoy visits MAS Holdings to strengthen bilateral ties
The UK Trade Envoy’s recent engagement with island nation is a timely step towards strengthening bilateral trade
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Port City Colombo begins tenant handover of Business Centre
Port City Colombo last Friday commemorated the formal handover of office space to key anchor tenants with a special ceremony.
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Sri Lanka Trade deficit nearly doubles MoM to $ 717 m in April
Sri Lanka trade deficit in April had nearly doubled as against March due to higher imports and slower growth in exports.
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People’s Bank Reports Strong Q1 2025 Performance with Surging Profits
People’s Bank has reported outstanding financial results for the first quarter of 2025, posting a consolidated
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China eyes more investments in Sri Lanka due to current transparent governance: Chinese Minister
The Minister of Commerce of the People’s Republic of China, Wang Wentao, who is currently on an official visit to Sri Lanka,
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Sri Lanka’s Export Sector Grows 6.9% in First Four Months of 2025
Sri Lanka’s export sector posted strong growth in the first four months of 2025, with total earnings reaching $5.58 billion,
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