Category: Local News

The draft Amendment Bill to revise the Inland Revenue Act was published in the government gazette on Tuesday (October 12), proposing key changes to the income tax.

A total of 10 MW of ground-mounted solar power plant named “Solar Universe” was declared open yesterday (October 11) in Vavunathivu, Batticaloa.

The Inland Revenue (Amendment) Draft Bill was published in the gazette yesterday (October 11) evening by the Government Printer.

A country’s security is not only ensured militarily but is also secured through food and economic security, Sri Lankan President Ranil Wickremesinghe emphasised.

Laugfs Gas PLC has also reduced the prices of liquefied petroleum (LP) gas cylinders from midnight today (October 11).

Sri Lanka will remain a middle-income country but request the World Bank to grant it some loans generally offered to poorer nations, the president’s office said on Tuesday, clarifying a cabinet spokesperson’s earlier comments on the matter.

Former Governor of the Central Bank of Sri Lanka Arjun Mahendran and nine other people who were accused in the first Bond Scam case of 2015 were released from the charges filed under the Public Property Act today (October 11).

Sri Lanka’s Cabinet of Ministers has granted approval to downgrade Sri Lanka to a low-income country from a lower-middle income country, announced Cabinet Spokesperson Minister Bandula Gunawardena today (October 11).

Sri Lanka is going to introduce a digital driving licence with a QR code due to the shortage of material to print driving licences.

Two more Hummer vehicles imported to Sri Lanka were found at the Sri Lanka customs yesterday (October 10) during an emergency inspection by State Minister of Finance Ranjith Siyambalapitiya.

The Court of Appeal has acquitted the former chairman of Akuressa Pradeshiya Sabha, Saruwa Liyanage Sunil today (October 11), who was sentenced to 15 years Rigorous Imprisonment by Colombo High Court for allegedly raping an underaged girl (statutory rape) in 2012.

Two Australian men have been charged with bribing Sri Lankan officials to secure infrastructure contracts worth millions of dollars.

A gazette notification has been published revising the existing fees for obtaining a driving licence in Sri Lanka.

Romanian Ambassador Victor Chiujdea said many leading multinationals are investing heavily in Romania and there will be many opportunities for skilled IT workers from Asian countries including Sri Lanka to get employment, according to a statement by the Prime Minister’s office.

World Bank President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva said there was a growing risk of global recession, with inflation remaining a continuing problem after Russia’s invasion of Ukraine.

Japan and Sri Lanka signed a Memorandum of Cooperation on the Joint Crediting Mechanism (JCM) for Low Carbon Growth Partnership this afternoon (October 10) at the Presidential Secretariat.