Category: Local News

Sri Lanka Government to relax existing import restrictions on about 300 to 400 items from next week.

Sri Lankan authorities are showing strong commitment to implementing economic reforms, however, this reform momentum must be continued amid a challenging economic recovery process, International Monetary Fund (IMF) Deputy Managing Director Kenji Okamura said after concluding his visit to the island nation.

Sri Lanka President Ranil Wickremesinghe reiterated his commitment to prevent any regression of the country to its previous state, emphasizing his determination to transform Sri Lanka into a fully developed nation by 2048.

The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (June 01), according to the Central Bank of Sri Lanka (CBSL).

A special gazette notification has been issued making it mandatory for professionals belonging to 14 categories including Doctors, Engineers, Chartered Accountants and Architects to register themselves with the Inland Revenue Department (IRD) from today (June 01).

Bruno Divakara has been remanded until June 07 on the orders of Colombo Fort Magistrate Thilina Gamage.

Over 9,000 dengue cases have been reported in Sri Lanka in the month of May, 2023.

Sri Lanka’s central bank caught markets off-guard by cutting its key rates by 250 basis points on Thursday, as it cited inflation easing faster than expected and the price outlook turning more benign.

Sri Lanka’s key inflation rate eased to 25.2% in May from 35.3% in April, the statistics department said on Wednesday, reducing some stress on the crisis-hit economy.

Fuel prices in Sri Lanka will be revised from midnight today (May 31).

Bruno Divakara, the owner of the YouTube channel ‘SL Vlog’, has been arrested by the Criminal Investigation Department (CID) for aiding and abetting Nathasha Edirisooriya, who has been remanded for making comments disrespectful to Buddhism.

The Central Bank of Sri Lanka (CBSL) has requested the Attorney General to consider instituting criminal proceedings against eight pyramid-type prohibited schemes operating in Sri Lanka.

The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (May 31), according to the Central Bank of Sri Lanka (CBSL). […]

President Ranil Wickremesinghe has received a courtesy call from Sun Weidong, the Vice Minister of Foreign Affairs from the People’s Republic of China.

Sri Lanka’s central bank is expected to keep rates unchanged at its policy meeting this week as it continues to support the debt-laden economy amid persistently high inflation.

The Controller-General of Immigration and Emigration, Harsha Ilukpitiya says an online passport application system will be implemented in the coming days pursuant to President Ranil Wickremesinghe’s initiative to digitize the public service.