Colombo Dockyard PLC (CDL), a cornerstone of Sri Lanka’s maritime industry, stands at a pivotal juncture in its storied history. The impending exit of Japan’s
Sri Lanka’s strategic position in global maritime routes has long made it a vital hub for international shipping. With its deep-sea ports and growing operational
Sri Lanka, often described as the pearl of the Indian Ocean, boasts a rich tapestry of natural beauty, cultural heritage, and untapped potential that makes
Sri Lanka’s Port City Colombo has been a focal point of interest, promising to transform the island nation into a global business and financial hub.
Sri Lanka has faced a significant economic crisis over the past few years, exacerbated by the COVID-19 pandemic, a foreign exchange shortage, and fiscal mismanagement.
December marked the highest ever performance in a year though the industry ended 2023 with negative growth.
Exports in December amounted to $ 415.6 million as per provisional data from the Joint Apparel Association (JAAF). The December 2023 figure is the highest since December 2022’s tally of $ 451 million.
AI will affect 40% of jobs worldwide, replacing some and complementing others. We need a careful balance of policies to tap its potential We stand at
Central Bank of Sri Lanka, in a groundbreaking announcement, revealed its strategic vision for 2024, focusing on the adoption of a singular policy rate mechanism. The move aims to bolster economic recovery while concurrently sustaining a low-interest environment and advancing key initiatives like the International Monetary Fund (IMF) program, external debt restructuring, and comprehensive reforms.
Sri Lankan Sapphires are highlighted in Louis Vuitton Jewellery Collection Spirit, giving centre stage to the island’s captivating gems.
Sri Lanka’s VAT is poised to achieve a significant boost in revenue, anticipating a whopping 1,400 billion rupees from the Value Added Tax (VAT) in the fiscal year 2024. This optimistic projection comes in the wake of strategic measures taken to expand the tax base and implement a rate hike, as revealed by officials from the President office in Colombo.
