ECONOMNEXT – VFS Global, one of the companies involved in Sri Lanka’s high-priced visa deal, has issued statement saying its 18.50 dollar fee was approved by the cabinet of the island. “Payment processing charges and applicable local taxes are in…
ECONOMYNEXT – Sri Lanka’s controversial visa deal which led to doubling of visa fees with multiple charges was awarded without a tender and nobody could compete against VFS in any case, Public Security Minister Tiran Alles said. Many things are…
ECONOMYNEXT – Sri Lanka’s Public Security Minister Tiran Alles denied that VFS Global, a company linked to the island’s high priced visa fee controversy, had made a 10 million dollar campaign contribution. “I saw something that VFS had given 10…
ECONOMYNEXT – Sri Lanka’s Apparel Exporters have appealed to the central bank to end a mandatory conversion rule for exports proceeds as the rupee is allowed to appreciate with deflationary monetary policy. A request to end a ban on shifting…
ECONOMYNEXT – Sri Lanka’s Apparel Exporters have appealed to the central bank to end a mandatory conversion rule for exports proceeds as the rupee is allowed to appreciate with deflationary monetary policy. A request to end a ban on shifting…
ECONOMYNEXT – Japan will resume stalled yen loan projects in Sri Lanka after the island nation formally enters a deal with its bilateral lenders while Tokyo will Colombo government to ensure a free and open Indo-Pacific, Japanese Foreign Minister Yoko…
ECONOMYNEXT – Japan will resume stalled yen loan projects in Sri Lanka after the island nation formally enters a deal with its bilateral lenders while Tokyo will Colombo government to ensure a free and open Indo-Pacific, Japanese Foreign Minister Yoko…
ECONOMYNEXT – Japan will resume stalled yen loan projects in Sri Lanka after the island nation formally enters a deal with its bilateral lenders while Tokyo will Colombo government to ensure a free and open Indo-Pacific, Japanese Foreign Minister Yoko…
ECONOMYNEXT – Sri Lanka’s travel trade has appealed to President Ranil Wickremesinghe over high priced visas and hidden fees charged by IVS-GBS-VFS Global, a private contractor, who has made getting visa difficult and more expensive. Sri Lanka’s widely acclaimed ease-of-use…
ECONOMYNEXT – Sri Lanka will remove controversial minimum room rates imposed on hotels from May 2024, and allow competition to return to the industry, Tourism Minister Harin Fernando said. “There is good news, we are taking out the minimum room…
