Altogether 74,664 foreign tourists arrived in Sri Lanka in the first 15 days of November, according to the latest statistics released by the Sri Lanka Tourism Development Authority (SLTDA).
The People’s Republic of China officially handed over 26 RANOMOTO motorcycles and 100 LENOVO desktop computers to the Sri Lanka Police Department in a ceremony at the Presidential Secretariat on Friday (10 Nov.).
Two more post office buildings in Diyatalawa and Galle and three more ancient buildings in Kandy and Nuwara Eliya are to be offered for hotel projects through the Urban Development Authority (UDA) in addition to the historic Nuwara Eliya post office.
The World Bank’s Board of Executive Directors today approved $150 million in financing for Sri Lanka to strengthen the resilience of the financial sector.
Citizens Development Business Finance Plc (CDB) yesterday announced that it has received a commitment of US$ 30 million as loan from the United States International Development Finance Corporation (DFC).
Citizens Development Business Finance Plc (CDB) yesterday announced that it has received a commitment of US$ 30 million as loan from the United States International Development Finance Corporation (DFC).
The Committee on Public Finance in the Sri Lankan Parliament issued a directive instructing the Ministry of Finance to impose an income tax on companies that made gains due to the 'midnight gazette' on sugar imports.
As Sri Lanka explores various avenues to enhance its tax revenue, it is likely that the country will opt for a property tax instead of implementing a comprehensive wealth tax, according to KPMG Sri Lanka.
A new institutional structure is to be created for the establishment of the Sri Lanka Economic Commission and its associated units.
According to finance ministry data, Sri Lankan Airlines' present fleet consists of 24 aircraft. These are split evenly between single-aisle and twin-aisle designs, with 12 widebody and 12 narrow-bodied jets at its disposal. In terms of SriLankan Airlines' widebodies, the one-worlder carrier is a fan of the A330, flying two variants.