Can’t have the cake and eat it too, Verité tells GoSL
Verité Research slammed Budget 2021 claiming the Government has presented lofty and overly optimistic revenue estimates despite a commitment to maintain slashed taxes for the next 5 years. Read More »
Why even imported pads shouldn’t be taxed
Sri Lanka’s exorbitant taxes on sanitary napkins had the media spotlight over the last few weeks – this is not a new issue. In 2018, the total tariffs on sanitary napkins was over 101.2%. Since then.. Read More »
Nestlé and Hatch partner for homegrown open innovation solutions
Nestlé Sri Lanka and Hatch have signed a Memorandum of Understanding (MoU) to develop open innovation solutions for products that are sustainable, and which use local ingredients to meet local.... Read More »
EDB Chairman Prabhash Subasinghe resigns
Prabhash Subasinghe has tendered his resignation from the position of Chairperson of Export Development Board (EDB), The Morning Business exclusively learns. Read More »
ICTA Chairman Jayantha De Silva appointed Technology Ministry Secretary
Information and Communication Technology Agency of Sri Lanka (ICTA) Chairman Jayantha De Silva has been appointed Secretary to the newly formed Ministry of Technology by President Gotabaya Rajapaksa. Read More »
Foreign non-concessional debt-to-GDP only 23%: CBSL Governor
Fears about debt sustainability are “unfounded” as SL's debt-to-GDP ratio, if only foreign non-concessional debt is considered, is at a “more than manageable” level, said CBSL Governor today. Read More »
BOI DG Sanjaya Mohottala to be promoted to Chairman
Sanjaya Mohottala, who is currently serving as the Director General of The Board of Investment of Sri Lanka (BOI), is tipped to be appointed Chairman, The Morning learns. Read More »