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The United States has offered to allow 70 to 80 percent of Sri Lankan exports to enter the U.S. market without tariffs, Economic Development Deputy Minister...
The Inland Revenue Department (IRD) has announced that it has collected a total of Rs. 1.368 trillion in tax revenue between January 1 and July 11,...
President Anura Kumara Dissanayake emphasized that this year’s budget has allocated the highest capital expenditure by a government in recent history for development activities, amounting to...
Sri Lanka stands to benefit significantly from the UK’s latest trade reforms, as the British government unveiled a series of upgrades to the Developing Countries Trading...
Sri Lanka is among the top three summer destinations for travel in July and August, according to the latest booking data of Emirates. Emirates reports that...
US President Donald Trump has settled for a 30% tariff on imports from Sri Lanka, down from 44% proposed in April. He announced the move in...
History was made at the Cinnamon Grand Colombo, as the internationally acclaimed MasterChef franchise officially launched its first-ever Sri Lankan edition. Owned by Banijay Rights, the global distribution...
The government will introduce an 18% Value Added Tax (VAT) on digital services provided by non-resident companies to local consumers, effective October 1, 2025. Accordingly, foreign...
The World Bank has released its annual update on country income classifications, reaffirming Sri Lanka’s status as a lower-middle-income economy for the fiscal year 2026. The...
Contributing to the many international accolades achieved by Sri Lankans this year, Pushpi Weerakoon has been awarded the ‘Rotary Alumni Global Service Award’. This is the...
