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In May 2015, the standard rate of value-added tax (VAT) jumped from 12 percent to 15 percent. The Sri Lankan economy will thus have to adjust to this higher rate but what are some of the possible macroeconomic consequences? everjobs spoke to University of Colombo Professor in Economics Sirimal Abeyratne recently about whether the rise in VAT is a tax on jobs.
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Have you heard about the technologically superior Geysers and Shower heaters available at Abans? Mistral and Stiebel Eltron are internationally acclaimed brands that manufacture some of the most innovative and versatile water heaters in the global market, and they are available in Sri Lanka only at Abans, the home of the World’s Best Brands.
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In response to a growing demand for its personalised leasing solutions, Nations Leasing, an arm of the rapidly-growing Nations Trust Bank PLC (NTB), is reintroducing to customers, its popular ‘Salaried/Professional Campaign 2016’.
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Singer Finance (Lanka) PLC recently announced several key new appointments to its board of directors. Chandana Samarasinghe, Thushan Amarasuriya and Iman Perera were appointed as three new Alternate Directors and Pramila Liyanage as Company Secretary.