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Rs.100bn revenue leakage looms for motor industry, warns CMTA

Sri Lanka, June 30 -- Sri Lanka's automotive industry could see government revenue leakages exceed Rs.100 billion by the end of this year, due to unchecked regulatory loopholes and systemic undervalua... Read More


Auto industry not a cash cow for revenue collection, Chamber warns

Sri Lanka, June 30 -- The government must stop treating the automotive industry as a reactionary tool to hit short-term fiscal targets and instead recognise it as a core driver of national industrial ... Read More


Lanka IOC to map green transition with EV charging facilities across all 273 retail outlets

Sri Lanka, June 26 -- Lanka IOC PLC is moving toward a sustainable mobility ecosystem by finalising an ambitious plan to deploy electric vehicle (EV) charging facilities across all 273 of its company-... Read More


World Bank Group targets 1mn jobs for youth with US $ 3.2bn financing and private capital push

Sri Lanka, June 23 -- The World Bank Group has unveiled a comprehensive economic roadmap for Sri Lanka, committing billions in funding and capital mobilisation over the coming years, to tackle a loomi... Read More


Industry calls for direct European charters as shifting airline dynamics challenge Sri Lanka's tourism yield

Sri Lanka, June 18 -- The Sri Lanka Association of Inbound Tour Operators (SLAITO) is urging the government to offer incentives for direct European charters to attract high-yielding affluent traveller... Read More


Sri Lanka to kick off global promotion drive from end-July

Sri Lanka, June 15 -- The Sri Lanka Tourism Promotion Bureau is gearing up to launch a comprehensive global promotion campaign starting from the end of July. Speaking to Mirror Business, SLTDA and SL... Read More


Dimal Arandara appointed chairman of loss-making SriLankan Airlines

Sri Lanka, June 10 -- A. K. D. D. Dimal Arandara has been appointed as the Chairman of the Board of Directors of SriLankan Airlines Limited with immediate effect. An internal communique circulated w... Read More