EconomicsOther VAT surge threatens Sri Lanka’s housing and foreign investments publisherJanuary 26, 2024 January 26, 2024 By Rohan Parikh In the intricate case of Sri Lanka’s economic rejuvenation, the recent surge in the Value Added Tax (VAT) to 1...
EconomicsMarket Visa Celebrates 35 Years in Sri Lanka publisherAugust 30, 2023 August 30, 2023 Unveils Visa Government Solutions for the market Colombo, August 28, 2023 – Today marks a significant milestone for Visa, the global...
EconomicsOther Visa applications from Sri Lanka touched 68% of pre-pandemic volumes in 2022 publisherApril 8, 2023 April 8, 2023 Visa application volumes grew more than three folds (332.12%) in 2022 compared to 2021 Visa applications from Sri Lanka in 2022 witn...
EconomicsGarments Vertical integration can help boost Sri Lanka’s apparel exports to the EU – Hemantha Perera publisherAugust 31, 2021 August 31, 2021 To utilise the fullest extent of the GSP+ benefits, Sri Lanka’s apparel industry must increase the value addition to its exports to...
EconomicsMarket VIVO TOPS THE FOURTH QUARTER OF 2020 SHIPMENTS IN ASIA: COUNTERPOINT publisherApril 26, 2021 April 26, 2021 SRI LANKA : According to Counterpoint1, vivo, a leading global smartphone brand, topped the fourth quarter of 2020 shipments in the...
AutomobileEconomics Vehicle Assembly SOP Should Be Created with Industry Collaboration for Success -CMTA publisherMarch 8, 2021 March 8, 2021 The Ceylon Motor Traders Association (CMTA), Sri Lanka’s only Ceylon Chamber of Commerce affiliated automotive trade body with a 100...
EconomicsOther Veemansa Initiatives’ discussion on ‘external debt situation in Sri Lanka; Are we heading for a resolution or crisis?’. The Governor Central Bank is confident all debt obligations will be met. publisherMarch 1, 2021 March 1, 2021 The Central Bank Governor affirms the government’s commitment andability to honor all debt obligations. Sri Lanka to mobilize domest...
AutomobileEconomics VIASL seeks solutions to issues facing vehicle importers publisherFebruary 27, 2021 February 27, 2021 The Vehicle Importers Association of Sri Lanka has requested a meeting with President Gotabaya Rajapakse to discuss the challenges f...
EconomicsOther Veemansa Initiative – A policy development and advocacy group to discuss the debt sustainability of Sri Lanka publisherFebruary 22, 2021 February 22, 2021 The external debt situation in Sri Lanka; Are we heading for a resolution or crisis? More webinars outlined for the year 2021 Veeman...
EconomicsOther Vish Govindasamy calls for a holistic backend framework to build a resilient Agri sector publisherDecember 9, 2020 December 9, 2020 Sunshine Holdings Group Managing Director Vish Govindasamy yesterday urged the government to strengthen the backend structure of the...
AutomobileEconomics Vehicle Importers Association’s “LB Big Wheels Motor Show” opens to the public Motor show to be inaugurated by His Excellency President Maithripala Sirisena publisherMay 20, 2018 May 20, 2018 The LB Big Wheels Motor Show, a one-of-a-kind motor show that focuses on providing only superior quality vehicles from the world’s l...
EconomicsOther Virtusa Announces Fourth Quarter and Fiscal Year 2018 Consolidated Financial Results publisherMay 20, 2018 Fourth quarter fiscal 2018 revenue of $281.3 million, increased 6.6% sequentially and 24.5% year-over-year, inclusive of $5.7 millio...