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Tourism Boom May Surpass 2018 Levels, Record Arrival of 1,095,675 Foreign Tourists by July 15

Tourism Boom May Surpass 2018 Levels, Record Arrival of 1,095,675 Foreign Tourists by July 15

By Posted on 5min read227 views

Tourism Revenue Hits USD 1.556 Billion from January to June 2024 — Deputy Director General of ...

Sri Lankan Apparel Industry’s  Recovery hits $415.6M

Sri Lankan Apparel Industry’s Recovery hits $415.6M

By Posted on 4min read2732 views

Sri Lanka Apparel Industry is set to recover from the downturn seen in the last few ...

Sri Lanka’s Construction Industry to face challenges with VAT Rise

By Posted on 3min read641 views

The recent surge in Value Added Tax (VAT) in Sri Lanka has cast a shadow over the construction industry, heralding a challenging period ahead. As the government implements this tax increase, the construction sector finds itself grappling with heightened financial pressures. This surge in VAT is expected to have a cascading effect, influencing various facets of the industry, from project costs to overall investment climate.

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