Business

BusinessTags: Print EditionState Minister of Finance Shehan Semasinghe, stated that after the approval granted and the support given from the IMF, and the support from the bilateral and multilateral relationships, the government can assure…

BusinessTags: Print EditionDestination Rally together with Authencities (Pvt) ltd organized the Sri Lanka classic car rally from January 17  to 30  2023. Seventeen different kinds of classic cars from Austria, New Zealand, United Kingdom,…

BusinessTags: Print EditionListed entities are working to minimize the tax burden of the ultimate beneficiary through various mechanisms.  With the recent tax changes, a large 15% Withholding Tax (WHT) has been placed on Dividend Income.…

USD 2.8 billion revenue from Tourism for this year:BusinessTags: Print EditionSri Lanka Tourism is looking at attracting 1.5 million tourist arrivals for 2023 said Minister of Tourism and Lands Harin Fernando at an event in the Ministry of…

BusinessTags: Print EditionAmid multiple domestic and international reverses due to its zero-Covid policy and assertiveness, China is unlikely to meet its estimated GDP growth rate, according to World Bank’s latest Global Economic Prospects…

BusinessManaging Director of MN Group of Companies Roshan Wewage receiving the awardTags: Print EditionMN Group, one of Sri Lanka’s leading construction companies, won the Best Business of the Year Award at the Pinnacals Sri Lanka award…

For health care investments in Developing Asia:BusinessTags: Print EditionThe Asian Development Bank (ADB) signed a $25 million equity investment with Quadria Capital Fund III LP (Quadria III) to enhance the quality, accessibility, and…

BusinessTags: Print EditionBourse edged up marginally and managed to settle in the green zone as investor confidence was reinstated on the back of the President’s statement on the progress of the debt restructuring talks with the bilateral…

BusinessState Minister Dilum Amunugama at the Investor Facilitation Coordinating Committee MeetingTags: Print EditionThe Investor Facilitation Coordinating Committee Meeting chaired by Investment Promotion State Minister Dilum Amunugama was…

Over Rs 700 Mn for Katunayake access and adjoining road:BusinessShirajiv SirimaneTags: Print EditionThe Airport and Aviation services of Sri Lanka (AASL) has launched several development initiatives in all airports utilising their own…