Driving Sri Lanka’s future: How Ministry of Digital Economy can transform nation
A Ministry of Digital Economy could drive the expansion of e-governance, enabling citizens to access essential services like tax payments, business registrations, and public procurement online
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Special programme introduced to promote digital payments
The Ministry of Digital Economy has announced the introduction of a special programme to promote digital payments.
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Sharp increase in financial frauds during festive season: SLCERT
An organized group is once again deceiving the public on a large scale, as evidenced by a sharp increase in financial fraud complaints during the Christmas and New Year season,
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Coconut likely to become an “essential commodity”
Coconut industry-based authorities are looking at the possibility of imposing the “essential commodity” tag on coconuts in a bid to contain prices at levels as indicated by the government.
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Central Bank imposes fine of Rs 2million on Indian Bank
Public sector lender Indian Bank Ltd. said the financial intelligence unit of the Central Bank of Sri Lanka (CBSL) has imposed a monetary penalty of Rs. 2 million (INR 5.85 lakh) on the bank for failing to comply with the provisions of Sri Lanka’s Financial Transactions Reporting Act. The penalty pertains to non-conformity with the regulatory framework under the FTRA …
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Tourist Arrivals Exceed 2 Million After 5 Years
The 2,000,000th tourist for 2024 arrived today at 10:49 AM at the Bandaranaike International Airport on flight UL 403 from Bangkok.
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Sri Lanka’s Exports Reach US $14 Billion amid Mixed Sectoral Growth
Sri Lanka’s export sector achieved significant milestones in the first 11 months of 2024, with total export earnings crossing $14.78 billion, reflecting a 6.44% year-on-year (YoY) growth.
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Excise proposes settlement of 50% defaulted tax to restore production licence of W. M. Mendis and Co.
Making a fresh approach towards the stagnating tax issue of staggering Rs.5.8 billion defaulted by the local liquor giant W. M. Mendis and Co. Ltd. the newly appointed Excise Chief has proposed a way-out to settle 50% of the arrears to reactivate its suspended production licence, the Daily Mirror learns.
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The Sanchi Maha Bodhi Festival joins India’s national festival calendar.
The Sanchi Maha Bodhi Festival has been added to the National Festival Calendar issued by the Government of India by naming the various religious and cultural festivals held in India as National Festivals from this year.
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SL Merchandise and service exports record US$ 1,269.33 million
Sri Lanka’s total export performance for November 2024, encompassing both merchandise and services, reached a value of US$ 1,269.33 million, marking a slight increase of 0.04 per cent compared to the same month in 2023.
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