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Tag: business news today

  • Sri Lanka’s New Regulations on Vehicle Imports: What You Need to Know

    In recent months, Sri Lanka has introduced a set of new regulations aimed at controlling vehicle imports, with a focus on economic sustainability, environmental concerns, and road safety. These regulations come as part of broader efforts to stabilize the country’s economy, reduce foreign exchange outflows, and manage the ever-increasing number of vehicles on the roads.…

  • Gas prices as at today in Sri Lanka

    Litro Gas and Laughs Gas announces that they have reduce the Gas prices effective from today midnight. The New Prices and the reduction value as below Litro Gas Price as Today Cylinder Capacity Old price New Price Reduction 12.5kg LP Gas Cylinder 4743 3738 1005 5kg LP Gas Cylinder 1904 1502 402 2.3 Kgs Gas…

  • ‘Big Bad Wolf’ World Largest Book sale held in Sri Lanka from June 28 to July 8 at SLECC

    For the second successive year, the worlds biggest 24-hour book fair ‘Big Bad Wolf’ will take place from June 28 to July 8 at the Sri Lanka Exhibition and Convention Centre {SLECC). One of Sri Lanka’s foremost recruitment agencies. B-Connected will partner with Big Bad Wolf to assist the staff of different categories to man…

  • New Income Tax for Pay As You Earn (PAYE) in Sri Lanka for Year 2018

    The New Inland Revenue that effective from 1st April 2018 has changed the formulae of Pay As You Earn (PAYE) Tax Calculation on your employment profits. See below table for tax calculations Monthly Regular Profit from Employment Tax Up to Rs. 100,000 Exempted Rs. 100,001 to Rs. 150,000 4% – Rs. 4000 Rs. 150,001 to…

  • CBSL issues commemorative currency note for 70th Independence Day

    The Central Bank of Sri Lanka (CBSL) has issued a circulation standard commemorative currency note in the denomination of Rs.1,000 to mark the 70th independence celebration in the country which falls on February 4. This is the 4th commemorative note that was issued by the Central Bank. The size, predominant colour and security features of…

  • Spot fines for motor traffic related offences

    The Transport and Civil Aviation Ministry has introduced spot fines for range of motor traffic related offences instead of prosecuting at the court. The ministry issuing a Gazette Extraordinary has stipulated spot fines Hinging from Rs. 500 -Rs.3,000 for selected offences which previously required the institution and carrying on of legal proceeding in a court…

  • Sri Lanka Army Volunteer Force Invitations Opens for Lady Officer Cadet

    Sri Lanka Army Volunteer Force invites applications for the Lady Officer Cadet, see below details for entry qualification and salary and other benefits. Basic Qualifications Should be an unmarried female citizen of Sri Lanka Age should not be less than 18 years and not more than 22 years as at 06 February 2018. Height should…

  • Sri Lanka’s first pharma zone to open with US$ 10 million investment

    I The Stale Pharmaceuticals Manufacturing Corporation of Sri Lanka (SPMC) and Pharma Zone (Pvt) Ltd entered into an agreement on January 8, 2018, to build the first ever exclusive pharmaceutical manufacturing zone of Sri Lanka at Welipenna in the Kalutara district with an investment in excess of US $ 10 million. Pharma Zone (Pvt) Ltd…

  • 2.116 Million Tourist Arrived to Sri Lanka in Year 2017

    Tourist arrivals to Sri Lanka reached an all-time high of 2,116,407 in 2017 according to the latest data released by the Sri Lanka Tourism Development Authority. The arrival figure for 2017 represents a 3.2 growth or 65,595 more arrivals over the preceding year when the figure crossed the 2 million mark for the first time.…