Development and Economic News
Senior Professor Hareendra Dissabandara appointed SEC Chairman
Senior Professor Hareendra Dissabandara has been appointed as the new Chairman of the Securities and Exchange Commission of Sri Lanka (SEC).
Sweden focus on developing renewable energy sector of Sri Lanka
The Swedish government focused on developing renewable energy sector of Sri Lanka while increasing educational opportunities and mitigating the visa difficulties for Sri Lankan students in Sweden.
Tourist arrivals decline to four-month low in September 2024.
Tourist arrivals in September dipped to a four-month low confirming the serious impact the outsourcing of visa processing has had on the leisure industry.
Govt. uncertain about public sector salary hike promised by previous regime
The incumbent Government yesterday announced that it remains uncertain whether it can fulfil the salary increment promised by the previous administration, set for January 2025.
New Government Reduces Petrol, Diesel and Kerosene Prices
Accoringly, the price of Petrol 92 Octane has been reduced by Rs. 21 to Rs. 311 per litre, while Auto Diesel has been reduced by Rs. 24 to Rs. 283 per litre.
SL requests four-month stay of proceedings of Hamilton Reserve Bank case
Sri Lanka has requested a four-month stay of proceedings in the ongoing case with Hamilton Reserve Bank Ltd. in the United States District Court for the Southern District of New York.
NCCSL creates awareness on ‘Managing Forex through Hedge Accounting’.
The National Chamber of Commerce of Sri Lanka (NCCSL) has scheduled an insightful session on Forex Market titled, ‘Managing Foreign Exchange through Hedge Accounting’ on Friday, 4th October 2024, from 3.00 p.m. to 5.00 p.m. at the National Chamber Auditorium.
All taxpayers urged to settle 2023/2024 income tax payments by September 30
Colombo, September 28 (Daily Mirror)- The Inland Revenue Department has urged all taxpayers to ensure that their final income tax payments for the 2023/2024 Year of Assessment are made by September 30, 2024.
Govt. to conduct probe into e-visa fraud: Vijitha Herath
The government is to launch a probe into the controversial "e-visa" fraud, in outsourcing visa processing to a foreign company.
All taxpayers urged to settle 2023/2024 income tax payments by September 30
The Inland Revenue Department has urged all taxpayers to ensure that their final income tax payments for the 2023/2024 Year of Assessment are made by September 30, 2024.