Sri Lanka to Implement Significant Changes to Value Added Tax (VAT) in the New Year
Effective January 1st, 2024, Sri Lanka’s Value Added Tax (VAT) is slated for a substantial adjustment, with the rate increasing
India and South Korea Consider Joint Development Projects in Sri Lanka and Bangladesh
India and South Korea are reportedly exploring joint development projects in neighboring Sri Lanka and Bangladesh, according to sources familiar
Revised VAT Implementation to Eliminate Ports and Airports Development Levy (PAL) on Fuel and Gas
In a significant development, the Ports and Airports Development Levy (PAL) currently levied on fuel and gas is poised for
President Wickremesinghe Addresses Crucial National Challenges at Centenary Celebration of Badulla Guruthalawa Muslim Central College
In a momentous announcement during the centenary celebration of Badulla Guruthalawa Muslim Central College on December 27th, President Ranil Wickremesinghe
Brain Drain Crisis: Over 800 University Lecturers Depart Sri Lanka in 2023
A concerning trend has emerged as more than 800 university lecturers have left Sri Lanka in the current year, according
Western Province Strengthens Economic Dominance: Increases Share in Nominal GDP to 43.4% in 2022, Up from 42.6% in 2021
The Western province of Sri Lanka has solidified its status as the primary driver of the country’s economy in 2022.
Official Survey Highlights Extensive Impact of Economic Crisis on Sri Lankan Households
A comprehensive survey conducted by the Department of Census and Statistics (DCS) has officially documented the profound effects of the
United National Party (UNP) Plans Extensive Rally Campaign Ahead of Anticipated Presidential Election
The United National Party (UNP), under the leadership of President Ranil Wickremesinghe, is gearing up for a comprehensive series of
SriLankan Airlines Expands Fleet with Airbus A330-200 through Wet Lease Agreement with Air Belgium
SriLankan Airlines has officially declared the incorporation of a new Airbus A330-200 into its fleet, facilitated by a wet lease
Former Indian State Minister M.J. Akbar Advocates Regional Security Considerations in Policy Decisions
During a webinar organized by the Pathfinder Foundation, the former Minister of State for External Affairs of India, M.J. Akbar,