New Customs unit to address public complaints
The government has set up an Internal Customs Unit within Sri Lanka Customs (SLC) to investigate public complaints, following increased public scrutiny, the Finance Ministry announced yesterday.
Apparel buyers may shift to SL until Bangladesh stabilises: JAAF
As Bangladesh, a major player in the global apparel market, grapples with a severe crisis, Sri Lanka is poised to benefit from some apparel orders in the short term, according to the Joint Apparel Association Forum (JAAF).
Bangladesh in Turmoil: Muhammad Yunus to Lead Interim Government Amidst International Intrigue
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By Aryan Maha
Aug 8 (TM) Sri Lanka state revenue has increased by 41% year-on-year (y-o-y) in the first six months of 2024 to Rs. 1,860 billion, as the Treasury has collected 52% of the estimated revenue for the year, State Minister Ranjith Siyambalapitiya said.
Indonesia-Sri Lanka Preferential Trade Agreement comes into force in 2025
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“The discussions are set to be finalised by December 2024, with both countries aiming to sign the Indonesia-Sri Lanka Preferential Trade Agreement in March 2025,” Cabinet Co-Spokesman and Minister Bandula Gunawardena said at the weekly post-Cabinet meeting media briefing yesterday.
3,694 Lankans leave thecountry for work in South Korea
As of August this year, a total of 3,694 Sri Lankans have left for work in South Korea, with another 100 individuals set to depart soon, the Sri Lanka Foreign Bureau of Employment (SLBFE) said.
Growing demand for SL travel accommodations: Google specialist
Sri Lanka is becoming a favoured destination among the international travellers, with a notable increase in Google searches for accommodation, according to a US-based Google specialist.
Sri Lanka Private company registrations expand in 2024
The number of new private company registrations in the country has shown a significant year-on-year (YoY) increase since the economic crisis in 2022, official data showed.
Browns Investments completes acquisition of Lipton tea businesses in Africa
Browns Investments PLC revealed that the acquisition of the shares in Kenya and Rwanda was completed on 30 July under SPA to acquire shares in Lipton Teas and Infusions companies in Kenya, Tanzania, and Rwanda.
Behave yourselves, China tells its Olympic fans
Beijing is cracking down on "aggressive fans" who it says are affecting the performance of Chinese athletes at the Paris Olympics - the latest in its years-long war against celebrity worship.
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Walz has history with China - it's more hawkish than critics claim
Within hours of Tim Walz being declared winner of the Democratic "veepstakes", Republican accusations that he is pro-China came thick and fast.
'Harris's no 2 taught in China': Chinese internet reacts to Walz
Kamala Harris's vice-presidential pick Tim Walz has drawn attention halfway across the world in China.
Israel’s underground hospital prepares for attack
Deep under the northern Israeli city of Haifa, there’s a vast underground hospital.
The agreement for obtaining USD 300 million loan from the Asian Development Bank (ADB) for the implementation of power sector reforms and financial sustainability program has been signed by the Government of Sri Lanka and the ADB.