The National Transport Commission of Sri Lanka, which issues route licenses to buses, has reportedly announced the setting up and regulating roadside restaurants.
LOLC Holdings PLC of Sri Lanka has reportedly confirmed the mega US$ 603 million (around Rs. 11 billion) deal on the sale of its controlling stake in Cambodia’s largest micro finance company.
Tourist arrivals to Sri Lanka from Russia have reportedly recorded an all-time increase in 2019 with Russian flag carrier Aeroflot’s expansion of services to Colombo.
The apparel industry has reportedly stated that it is targeting a 6 percent year-on-year (YoY) growth in exports this year.
The government of Sri Lanka has freed nearly 54,000 businesses from the Value Added Tax (VAT) payment requirement with effect from January 01, 2020