The players in Sri Lanka’s liquor industry are grappling to stay afloat, due to a significant drop in volume, with the consumers increasingly turning to the illicit market amid heavy taxation and some …
Challenges mount for Sri Lanka’s legal liquor sector with volume drop, illicit market rise
The players in Sri Lanka’s liquor industry are grappling to stay afloat, due to a significant drop in volume, with the consumers increasingly turning to the illicit market amid heavy taxation and some …
FTI Touristik assures high-end tourist groups to Sri Lanka from January 2024
Representatives of World’s third largest Tour Operator FTI Touristik based in Europe assured to send large groups of High End European …
Sri Lanka to start mobile tax file registration amid tough IMF revenue target
ECONOMYNEXT – Sri Lanka’s Inland Revenue Department (IRD) will start mobile service to reach people to open tax files, State Finance Minister Shehan Semasinghe said, as the island nation is in the …
Sri Lanka to start mobile tax file registration amid tough IMF revenue target
ECONOMYNEXT – Sri Lanka’s Inland Revenue Department (IRD) will start mobile service to reach people to open tax files, State Finance Minister Shehan Semasinghe said, as the island nation is in the …
Sri Lanka to head to London for negotiations with private creditors on debt deal
After securing agreements in-principle from China and Official Creditor Committee (OCC) on debt treatment, Sri Lanka’s focus is now on securing a deal with its private creditors, President Ranil …
Sri Lanka to head to London for negotiations with private creditors on debt deal
After securing agreements in-principle from China and Official Creditor Committee (OCC) on debt treatment, Sri Lanka’s focus is now on securing a deal with its private creditors, President Ranil …
RIUNIT pioneers policy papers on Sri Lanka’s illicit markets
RIUNIT Sri Lanka CEO Roshan Madawela presenting the latest report on illicit markets to Finance State Minister Shehan SemasingheResearch Intelligence Unit (RIUNIT) continues its groundbreaking efforts …
No alternative to IMF program to rid Sri Lanka of economic crisis: Wickremesinghe
Last week, the International Monetary Fund (IMF) approved the release of the second tranche worth USD 337 million to the island nation.
Cash-strapped Sri Lanka’s economy records positive growth for the first time since economic crisis
Sri Lanka’s bankrupt economy has recorded a positive growth for the first time since the economic crisis hit the island nation, according to official data. “The year-on-year GDP growth rate for the …