The annual loss to Sri Lanka due to corruption in government tender procurements is estimated to be at around 1 percent of the country’s GDP, according to Verité Research. ..
Anti-business nature tax policies need change for better business environment
The current Sri Lanka tax policies have an anti-business nature and these should be changed to create a better business environment, …
COYLE launches ‘I AM the Sri Lankan Entrepreneur 2024’ awards
By Ifham Nizam The Chamber of Young Lankan Entrepreneurs (COYLE) with a diverse membership spanning over 20 industries, contributing some Rs. 750 billion to the national GDP, and employing over …
COYLE launches ‘I AM the Sri Lankan Entrepreneur 2024’ awards
By Ifham Nizam The Chamber of Young Lankan Entrepreneurs (COYLE) with a diverse membership spanning over 20 industries, contributing some Rs. 750 billion to the national GDP, and employing over …
Anti-business nature tax policies need change for better business environment
The current Sri Lanka tax policies have an anti-business nature and these should be changed to create a better business environment, …
Adani backs out of $533mn US loan for Sri Lanka port
Adani Ports has withdrawn its request for a $553 million loan from the US International Development Finance Corporation (IDFC) for a Sri Lankan port p …
President Calls for Strengthening Sri Lanka’s Financial System
President Anura Kumara Dissanayake has directed the Ministry of Finance to implement measures to enhance the efficiency and resilience of Sri …
Tycoon Adani pulls request for U.S. loan to finance strategic Sri Lanka port
The withdrawal marks another low point in U.S.-India ties after the billionaire’s indictment on charges related to fraud, and a blow to Washington’s bid to counter China’s regional clout.
Oliver’s Travels expands Sri Lanka portfolio
UK travel and tourism industry news, features, jobs, directories, events and awards for travel agencies and consortia, airlines and airports, tour operators, ocean and river cruise lines, luxury and …
Amid US bribery scandal, Gautam Adani takes BIG decision, cancels Rs 46912193604 loan for Sri Lanka’s….
Gautam Adani led Adani Ports and Special Economic Zone said it has withdrawn its request for $553 million funding from the US Development Finance Corporation for completing the port project in Sri …