TOP STORIES

Is BYOB legal in Sri Lanka?
Can you Bring Your Own Bottle?
Over the past year, an increasing number of restaurants in Sri Lanka have adopted BYOB (Bring Your...
Cabinet Paper Seeks Ban on Unpackaged Coconut Oil Sales Amid Health Fears
Colombo, Sri Lanka – A cabinet paper has been submitted proposing a ban on the sale of unpackaged...
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...

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...

Parate Law Reinstated in Sri Lanka:
A Looming Threat to Small and Medium Enterprises

The reimplementation of the controversial Parate Execution Law in Sri Lanka has sparked renewed...

India and China Battle for Dominance in Sri Lanka’s Vehicle Market
Tata, Maruti Suzuki, Mahendra, BAIC Micro, BYD etc.

Sri Lanka’s automobile market has become a focal point for competition between Indian and...

A woman to lead the Tax Department
Rukdevi Fernando

A woman has been appointed as the 39th Commissioner General of the Inland Revenue Department, with...

Half of Sri Lanka’s Population Brushes Their Teeth Only Once a Day

Specialist Dr. Nilantha Ratnayake of the Sri Lanka Dental Association revealed that 50% of Sri...

Sri Lanka to Secure Biometric Data with Cryptographic Hashing
New e-NIC Cards to be Issued

Sri Lanka will secure biometric data for its national ID system using cryptographic hashing, which...

New Consumer Rights Protection Initiative Launched
Under “Clean Sri Lanka” Programme

On March 15, 2025, coinciding with World Consumer Rights Day, a new initiative aimed at protecting...

Court Rules CA Sri Lanka Subject to RTI Act
Institute of Chartered Accountants of Sri Lanka accountable under the RTI law

The Court of Appeal has ruled that the Institute of Chartered Accountants of Sri Lanka (CA Sri...