Sri Lanka’s exports and imports decline in November 2024
Sri Lanka’s Both exports and imports suffered a dip month-on-month (M-o-M) in November,
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Government. Urged to reduce VAT on salmon
The Canned Fish Manufacturers’ Association of Sri Lanka (CFMASL) has requested the government to reduce the Value Added Tax (VAT) imposed on salmon.
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SME paddy businesses to get pledge loans at concessional rates
The Cabinet of Ministers has greenlighted the proposal to implement the Pledge Loan Scheme provided to small and medium scale paddy mill owners for purchasing paddy as an annual proramme.
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Sri Lanka Customs expects Rs. 25 billion in next few days of 2024
Sri Lanka Customs is poised to make history, nearing an unprecedented revenue target of Rs. 1.5 trillion in 2024, marking a significant achievement for the Department and the country’s economy.
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AASL issues scam alert over selling unclaimed luggage for Rs. 645
The Bandaranaike International Airport (BIA) has alerted the public on a false post circulating on social media claiming that unclaimed luggage is being offered for sale at a price of Rs. 645, Airport & Aviation Services Sri Lanka Private Ltd. (AASL) said.
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Bids called for expansion of Jaffna and Katunayake international airports
The Ministry of Ports, Shipping and Aviation has announced two major infrastructure development projects aimed at enhancing Sri Lanka’s aviation sector.
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Govt plans to make Sri Lanka an attractive tourist destination
President Anura Kumara Disanayake has instructed officials to promptly implement the necessary plans to position Sri Lanka as an attractive destination for tourists,
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ADB extendsUS $5.3 bn for 179 Public- Private Projects
Successive Sri Lanka governments have implemented 179 projects during the past 33 years with Asian Development Bank (ADB)
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WHT imposed on depositors below lower-income brackets to be refunded.
The government is formulating a mechanism to provide relief to depositors who had to pay 10 percent withholding tax whereas they earn less than Rs. 150,000 deposit interest a month,
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S. Korea funds Rs. 2.4 Bn project to boost tourism in Sigiriya
The Korea International Cooperation Agency (KOICA) has proposed a special initiative to enhance conservation efforts at Sigiriya, a UNESCO World Heritage site, and boost its tourism attraction.
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