Tag Archives Sri Lanka business news

Visa Accelerator Program 2024 now open for Applications from Fintechs in Sri Lanka
Business & Financial

Visa Accelerator Program 2024 now open for Applications from Fintechs in Sri Lanka

By Posted on 2min read

The fourth edition of the program invites applications from growth-stage startups to solve payments and commerce ...

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Mirissa Beach in Sri Lanka Secures a Spot in Lonely Planet’s Top 100 Beaches for 2024
Travel & Tourism

Mirissa Beach in Sri Lanka Secures a Spot in Lonely Planet’s Top 100 Beaches for 2024

By Posted on 4min read

In the prestigious list of Lonely Planet’s top 100 beaches for 2024, Mirissa Beach in Sri ...

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AI will affect up to 40% of jobs worldwide-IMF Chief says
Business & Financial News

AI will affect up to 40% of jobs worldwide-IMF Chief says

By Posted on 3min read

AI will affect 40% of jobs worldwide, replacing some and complementing others. We need a careful balance ...

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Central Bank of Sri Lanka Unveils A Vision of Economic Resilience for 2024
Business & Financial News

Central Bank of Sri Lanka Unveils A Vision of Economic Resilience for 2024

By Posted on 3min read

Central Bank of Sri Lanka, in a groundbreaking announcement, revealed its strategic vision for 2024, focusing ...

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Business & Financial News

Sri Lanka’s VAT targets to meet LKR 1,400 Billion in 2024

By Posted on 3min read
Sri Lanka’s VAT targets to meet LKR 1,400 Billion in 2024

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.

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Sri Lanka’s Construction Industry to face challenges with VAT Rise
Business & Financial News

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

By Posted on 3min read

Sri Lanka's construction industry, grappling with ongoing challenges, faces an imminent threat of collapse following the ...

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The convenience of contactless payments
Interviews

The convenience of contactless payments

By Posted on 6min read

Given the convenience of contactless payments, Sri Lankans now simply tap their ...

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Business & Financial News

SME sector seek temporary halting of parate executions

By Posted on 3min read
SME sector seek temporary halting of parate executions

As the business community awaits a response, there is anticipation for proactive measures to be taken. A collaborative approach between policymakers, financial institutions, and SME representatives could pave the way for a strategic resolution. The government’s role in facilitating economic recovery becomes crucial, and a thoughtful response may involve a reassessment of existing laws and financial restructuring to align with the current economic challenges.

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Bridging the Skills Gap: Sri Lanka’s Employment Challenge
Business & Financial News

Bridging the Skills Gap: Sri Lanka’s Employment Challenge

By Posted on 3min read

Sri Lanka's employment challenge is real. In the ever-evolving landscape of global employment, there's a concerning ...

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