After the increase in VAT from January 01, 2024, the overall construction expenses have increased by 20%, Chairman of the  National Construction Association of Sri Lanka M.D. Paul said.

Sri Lanka has recorded a 57.5% increase in workers’ remittances in 2023 compared to the year 2022, the Central Bank of Sri Lanka (CBSL) said.

Sri Lanka has earned a spot among the 13 affordable destinations worldwide for vacations, according to a list compiled by Fox News.

The Central Bank of Sri Lanka (CBSL) has reported an increase of 23.2% in Sri Lanka’s official reserve assets from September 2023 to October 2023.

Sri Lanka President Ranil Wickremesinghe outlined the trajectory of Sri Lanka’s economic recovery after facing multiple setbacks in recent years.

The former Deputy Director of Health Services, Dr. Herath Kumara has been arrested by the Criminal Investigation Department (CID) today (January 05) over the alleged involvement in the substandard human immunoglobulin scandal.

Sri Lanka Navy and the Police Narcotics Bureau in a coordinated effort, arrested 6 suspects who were in the south seas along with a local fishing trawler carrying 200 kg of narcotics, last night (January 04).

The number of people registered with Taxpayer Identification Number (TIN) in Sri Lanka has reached close to 01 million, according to the Inland Revenue Department.

Sri Lanka President Ranil Wickremesinghe said a decision has been taken to deploy a ship belonging to the Sri Lanka Navy in the Red Sea area to contribute to the security of the region against Houthi activities.

Sri Lanka Police has introduced a 24-hour hotline for the members of the public to inform on violence against women and children.

Sri Lanka’s Trade, Commerce and Food Security Minister Nalin Fernando pledges a significant reduction of 75% in the cost of living burden on the people by the end of the first quarter this year (2024).

Sri Lanka President Ranil Wickremesinghe, issued an Extraordinary Gazette today (January 03) declaring the provision of several services in the country as essential services.

A group of Rohingya refugees living in Sri Lanka staged a protest outside the office of the U.N. refugee agency Tuesday, saying they fear losing their living allowance once the agency’s office in the island nation closes at the end of this year.

The Ceylon Electricity Board (CEB) has issued a circular cancelling all leave for CEB workers with effect from January 02, 2024 until further notice.

Sri Lanka’s Finance Ministry Tuesday (January 02) said that a Tax Identification Number (TIN) doesn’t automatically make someone liable for income tax.