VAT Increases Across Various Sectors in Sri Lanka Effective January 1st
In a significant fiscal adjustment, Sri Lanka’s Value Added Tax (VAT) rate rises from 15% to 18% starting January 1st.
Sri Lanka Bars Chinese Research Vessels from Ports and Exclusive Economic Zone for One Year Following Indian Concerns
Sri Lanka has officially communicated to India its decision to deny entry to any Chinese research vessel at its ports
Prime Minister Dinesh Gunawardena Outlines Vision for 2024 in New Year Message
In his New Year message, Prime Minister Dinesh Gunawardena expressed that essential measures have been incorporated into this year’s budget
Denmark’s Queen Margrethe II to Abdicate After 52 Years on the Throne; Crown Prince Frederik to Succeed
Denmark’s Queen Margrethe II, Europe’s longest-serving monarch, has announced her abdication on January 14 after an illustrious 52-year reign. The
President Ranil Wickremesinghe Urges Citizens to Shoulder Collective Responsibility for National Resurgence in New Year Message
In his New Year message, President Ranil Wickremesinghe called upon all citizens to conscientiously embrace their duty in steering the
Ceylon Petroleum Corporation Adjusts Fuel Prices in Response to New VAT Implementation
In light of the recent imposition of the new Value Added Tax (VAT), the Ceylon Petroleum Corporation (CPC) has undertaken
Mobile Phone Prices to Surge by 35% Starting January 1, Announces Mobile Phone Sales and Dealers’ Association
In a significant development, the Mobile Phone Sales and Dealers’ Association has declared that prices for all categories of mobile
Forty-Four Sri Lankan Prisoners Pardoned by Royal Order in the United Arab Emirates
In a significant development, a Royal order in the United Arab Emirates has granted clemency to forty-four Sri Lankan individuals
India-Sri Lanka Relations: A Comprehensive Overview And Future Collaborative Framework
SYNOPSIS In a diplomatic milestone on December 21, 2023, India’s new High Commissioner to Sri Lanka, Santosh Jha assumed office,
Kashmir’s Whispers: The Beauty We See and the Stories We Hear
Introduction Jammu and Kashmir’s economy, nestled in the high-cost mountainous region, grapples with various developmental challenges, from natural disasters to