Foreign exchange matching platform debuts in Sri Lanka
New initiative to enhance price discovery, promote greater transparency and efficiency in domestic FX market
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Worker remittances exceed US$ 1.1mn as of February
Money sent home by Sri Lankans working abroad extended its growth through February,
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Sweet surge in growth for local confectioneries in early 2025
UPWARD TRAJECTORY SUPPORTED BY IMPROVING ECONOMIC SENTIMENT, CONSECUTIVE FESTIVE SEASONS, AND A FORECASTED INCREASE IN CONSUMER SPENDING
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Sri Lanka to introduce new low-priced alcohol to curb illicit liquor?
The Excise Department of Sri Lanka has announced plans to introduce a new type of alcohol at a lower price to combat the growing consumption of illicit liquor.
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Finance Ministry directs Vehicles importers to register it within 90 days:
Vehicles that have been granted permission to be imported into Sri Lanka must be registered within 90 days,
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Colombo Port City Construction Delays Cause Heavy Losses for State
NEWS OF THE DAY
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Finance Ministry warns of import permit suspension for unregistered vehicles
The Ministry of Finance says that importers must register at least 25% of the total number of vehicles imported within six months.
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Eight SSPs transferred; new Director appointed to FCID
Sri Lanka Police has transferred eight Senior Superintendents of Police (SSPs) and assigned them new appointments, based on recommendations from the National Police Commission, the Police Media Division stated.
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Customs clarifies hybrid vehicle fuel tax controversy
Sri Lanka Customs (SLC) has refuted false information circulating about the imposition of a fuel tax on hybrid vehicles during customs clearance.The SLC clarified that there are two types of hybrid vehicles.
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SEC and Central Bank warn public of rising investment schemes
The Securities and Exchange Commission of Sri Lanka (SEC) has recently raised concerns about a growing trend of investment schemes promoting offshore market opportunities.
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