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Sri Lanka Considers High Import Taxes Amid US Tariff Pressure
- Ajith Perakum Jayasinghe
Recently, the US government imposed a 30% tariff on Sri Lankan exports, effective August 1, 2025...
Deadly Current: PUCSL Report Reveals Alarming Electrocution Trends in 2024
The Public Utilities Commission of Sri Lanka (PUCSL), drawing from data compiled by the Sri Lanka...
MasterChef Sri Lanka Set to Premiere on ITN This September
A Sri Lankan version of the global cooking competition *MasterChef* is set to launch on ITN this...
India Extends Financial Support for Ferry Service Between Northern Sri Lanka and Tamil Nadu
India has announced the extension of its LKR 300 million financial assistance to sustain the...
Sri Lanka to be warmer by 2030
Daytime to be unsuitable to work
A new World Bank report has warned that nearly 1.8 billion people across South Asia – including Sri...

World Bank President to Visit Sri Lanka Amid Economic Recovery Efforts
first visit by a World Bank president to Sri Lanka

World Bank Group President Ajay Banga will visit Sri Lanka on Wednesday, May 7—the first visit by a...

China’s Mega Projects in Sri Lanka Face Delays
Amid Demands for More Concessions

Two major Chinese-backed projects in Sri Lanka — the Sinopec oil refinery in Hambantota and the...

Choose Light with Meaning: Buy Locally Made Vesak Decorations and Brighten a Family’s Life

This Vesak season, Daily Reporter, Impactus and the Right to Life Human Rights Centre are calling on...

75% of Imported vehicles sold amid high demand, says Sri Lanka vehicle importers association

The Vehicle Importers’ Association of Sri Lanka has said that nearly 75% of the imported stock of...

Hero Launched New Bikes, Scooters In Sri Lanka With 500 Touchpoints

World’s largest motorcycle manufacturer, Hero MotoCorp, has been India’s largest 2W manufacturer for...

Vehicle Imports Resume to Sri Lanka
1,560 Used Cars Arrive

Vehicle imports to Sri Lanka have resumed following the lifting of the import ban on February 1, but...

Get ready to pay VAT for Gmail, Facebook etc.
Law is to be implemented since October 1

Sri Lanka is ready to tax the digital services supplied by non-Sri Lankans from October 1. This was...

How to Claim Withheld Tax on Fixed Deposits
Applicable for Individuals Earning Less Than Rs. 1.8 Million Annually

From April 1, 2025, the withholding tax on interest from fixed deposits in Sri Lanka has been...

US Tariff Hike May Deepen Sri Lanka’s Economic Struggles
Fitch Warns

Sri Lanka’s fragile economy could face further strain following the United States’ recent tariff...

Sri Lanka to Reduce Prices of Liquid Milk and Yoghurt
After theFollowing VAT Exemption VAT Exemption

The prices of liquid milk and yoghurt made from locally sourced fresh milk are expected to decrease...

Election Monitoring Groups Face Funding Shortages
Fewer Election Observers This Time

The upcoming Local Government Elections, scheduled for May 6 are seeing a notable decline in public...

Aswesuma Welfare Program to Expand to 400,000 New Beneficiaries
President Anura Kumara Dissanayake

President Anura Kumara Dissanayake announced a major expansion of the Aswesuma welfare scheme...

The Importance of an Energy Hub in Sri Lanka
UAE–India–Sri Lanka Cooperation in Trincomalee

Ajith Perakum Jayasinghe What is an energy hub? An energy hub is a strategically located site for...

Will Tuition Classes Be Taxed Soon?
Rs. 210 Billion Annual Tuition Economy Under Scrutiny

According to a report published by the state-owned Silumina newspaper on April 6, the Sri Lankan...

Bank of Ceylon to Issue Rs. 15 Billion in Debentures Soon
Initial issue valued at Rs. 10 billion, with option to extend amid high demand

The Bank of Ceylon (BoC) has announced plans to issue 100 million debentures valued at Rs. 100 each...