Fitch Ratings believes firm demand will absorb higher prices caused by the introduction of value added tax (VAT). The government introduced VAT of 15% on alcoholic beverage manufacturers on November 1, 2016.

Geological Survey and Mines Bureau (GSMB) officials have ordered D.W.L. Appuhamy, the father of MP Indika Anuruddha, to stop soil mining in Ihala Madampella, Divulapitiya

The South Asian Institute of Technology and Medicine (SAITM) is legally eligible to issue medical degrees to the students, the Court of Appeal has ruled on Tuesday.

Sri Lankan Navy chief Vice Admiral Ravindra Wijegunaratne has assured India that the presence of Chinese nuclear submarines in his country was “purely economic reasons” even as India’s views the development with suspicion.

Prime Minister Ranil Wickremesinghe yesterday said that regaining the GSP Plus tariff concession will help boost the country’s economy in a significant manner.

Tax will be reduced to give relief to the people in the near future once the economy gains momentum through the current strategies, Finance Minister Ravi Karunanayake said.

Government has planned to develop Trincomalee harbor and discussions are being held with the governments of Japan and India, said Prime Minister Ranil Wickremesinghe.

Social Empowerment and Welfare Deputy Minister Ranjan Ramanayake and the Divulapitiya Divisional Secretary have been summoned to the Presidential Secretariat today

In terms of skill base in the garment industry Pakistan lags behind Sri Lanka and Bangladesh, Firoz Rasul, the president of the Aga Khan University, said on Saturday.

Internal Affairs and Wayamba Development Deputy Minister Palitha Thewarapperuma in a daring chase which broke one of his legs nabbed two cattle rustlers and saved the lives of six oxen stolen from a dairy farm at Yatadola in Matugama on Saturday night.

Colombo city will be developed to the best urban centre in the Indian Ocean within the next decade, Prime Minister Ranil Wickremesinghe said.

A dispute over the SAITM medical college erupted in Parliament yesterday, with the Opposition questioning the legitimacy of the institution while the government stated that it would ensure that no laws were broken.

President Maithripala Sirisena says his plan as the Minister of Environment is to increase the forest density from the current 27-28% to 32% within next four years.

The proposal for the national policy on general education which includes the proposals on the reforms in the education sector of the country was presented to President Maithripala Sirisena yesterday (Jan. 26) at the President’s Official Residence.