News Room : Ease of Doing Business : Sri Lanka shifts up 11 places
Sri Lanka rose 11 places in the World Bank’s 2019 Doing Business index. Sri Lanka is now ranked 100 among 190 economies in the ease of doing business. According to the latest World Bank annual ratings the island’s ease of doing business score, rating from 0 to 100 rose to 61.22 from 59.42 last year. A statement read that Sri Lanka carried...
News Room : Tax Cuts Galore!
Finally, a relief for the peopleLocalTags: Online EditionThe Ministry of Finance and Economic Affairs announced several important economic policy changes and initiatives today to provide relief to the masses and revive the economy. Considering the high tax imposed on the Telecommunication services, the government has decided to reduce the Telecommunication Levy from 25% to 15%. The statement said that the Special Commodity...
News Room : Fuel Prices Slashed | Daily News
The retail price of fuel has been reduced effective from midnight today (November 11). The new price of Petrol 92 Octane will be Rupees. 145 and Auto Diesel will be Rupees. 116. The price of Petrol 92 Octane was previously at Rs. 155 and therefore has been reduced by Rs. 10. The price of Auto Diesel was previously at Rs. 123 and...
News Room : New Ministers Sworn In | Daily News
Several cabinet ministers were sworn in before President Maithripala Sirisena at the Presidential Secretariat a short while ago. CABINET MINISTERS: Ministry of Defence, Law and Order and Youth Affairs - President Maithripala Sirisena Duminda Dissanayake sworn in as Minister of Irrigation, Water Resources and Disaster Management Dayasiri Jayasekara sworn in as Minister of Skills Development and Vocational Training STATE MINISTERS: Piyasena Gamage sworn as State...