The Prime Minister's Office of Singapore has awarded Dr. Jayantha Dharmadasa, chairman of Nawaloka Holdings and honorary consular general of the Republic of Singapore in Colombo, with a COVID-19 Resilience Certificate.
The two state-owned sugar producers reversed their losses and have now earned a combined Rs. 7.6 billion profit, reports said.
The Financial Crimes Investigations Division has arrested five directors of the Onmax DT, which faces charges of conducting illegal pyramid schemes.
The Sri Lankan Cabinet granted approval to increase the value added tax to 18% with effect from the 1st of January 2024, and impose the said tax on certain goods and services to which the value added tax is not yet applicable.
The government will implement the Random Access Management Information System (RAMIS), a method to collect data on tax evaders and officials who do not collect taxes properly from December this year.
Wariyapola Magistrate Rasika Mallawaarachchi yesterday (27) ordered the remand of owner of Eyon Lanka Investment and Film Production Financial Company Attapattu Mudiyanselage Dhammika Attapattu over defrauding 8,000 people of money running into Rs 10 billion by promising higher interest, till November 1.
The State Mortgage and Investment Bank (SMIB) was summoned before the Committee on Public Enterprises (COPE) last week under the chairmanship of Prof. Ranjith Bandara.
The United States, through the U.S. Agency for International Development’s (USAID) Ocean Plastics Reduction Activity, and Gunadamin Elephant House of Ceylon Cold Stores PLC (CCS) have solidified their alliance through a Memorandum of Understanding.
Minister of State for Investment Promotion Dilum Amunugama announced plans to establish a Japan-Sri Lanka Free Trade Zone in the country.
ALFT Packaging, Sri Lanka's premier packaging solutions provider with the only purpose-built plant within the Sri Lankan flexible packaging industry has achieved Gold in the 'Wide Web Flexo' category at the prestigious Asian Packaging Excellence Awards 2023, held in Thailand recently.
