Expatriate Workers’ remittances in January stood at USD 437 Million – Manusha

Expatriate Workers’ remittances directed through official channels in the month of January stood at USD 437.5 million, Minister of Labour and Foreign Employment Manusha Nanayakkara said.



Sri Lanka Government says only 2.6% of Sri Lanka’s total workforce subject to PAYE tax

Sri Lanka’s government insisted that only 2.6 percent of Sri Lanka’s total workforce of 4.64 million are subjected to the pay-as-you-earn (PAYE) income tax, with nearly half of the labour force receiving a less than Rs. 30,000 monthly salary.



Nimal Lanza challenges Anura Dissanayake for debate on Economy

Sri Lanka Podujana Party (SLPP) MP Nimal Lanza challenged National People’s Power (NPP) leader MP Anura Dissanayake to appear for a public debate on the economic plan to revive the country.



Writ petition against holding Local Government Election postponed to February 23

Writ petition was filed by Retired Sri Lanka Army Colonel W. M. R. Wijesundara seeking an order to suspend the decision of the Election Commission to hold the Local Government elections was postponed to February 23, 2023 for consideration by the Supreme Court today (February 10).



Sri Lanka’s Supreme Court grants permission to hold 2023 Local Government Election

The Supreme Court of Sri Lanka has granted permission to hold the 2023 Local Government Election as planned by the National Election Commission.



Japanese giant Mitsubishi Corporation to wind up operations in Sri Lanka

Japanese giant Mitsubishi Corporation has decided to wind up operations in Sri Lanka next month after being an integral part of bilateral ties and some of the country’s key infrastructure projects for nearly 60 years.



IMF insists on creditor assurances to unlock $2.9 Billion Sri Lanka bailout

The International Monetary Fund said its approval for a $2.9 billion loan to bail out crisis-riddled Sri Lanka will depend on the island nation securing assurances on debt relief from its bilateral creditors.



Non-construction of power plants main reason for electricity crisis – Kanchana

Power and Energy Minister Kanchana Wijesekera said that the main reason for the current electricity crisis is the non-construction of power plants as per the National Power Generation Plan after the construction of Norochcholai Coal Power Plant in 2014.



SriLankan Airlines to enter China’s sky again

SriLankan Airlines is to renew its commercial operations to China in the first week of April 2023, with a thrice weekly service each to Shanghai, Beijing and Guangzhou as China reopens its borders.



Gotabaya Rajapaksa claims cash found at President’s House was to be distributed among people

Former Sri Lankan President Gotabaya Rajapaksa revealed that the money found by the protesters in the President’s House in Colombo on July 09, 2022 was his personal money and that it was due to be distributed among the people.



SJB says it is the only party that can solve issues faced by people

Only the Samagi Jana Balawegaya (SJB) can solve the issues faced by the people, opposition leader Sajith Premadasa said yesterday (February 08) addressing a rally at Gelioya.



CID can arrest Diana Gamage without warrant – Court tells CID

The Colombo Chief Magistrate has informed the Criminal Investigation Division (CID) that there is no need for a warrant to arrest State Minister Diana Gamage if she has violated the Immigration and Emigration Act.



A.H.M. Fowzie sworn in as MP

A.H.M. Fowzie was sworn in as a Member of the Parliament of the Samagi Jana Balawegaya (SJB) when the parliamentary session commenced this morning (February 09).



Sri Lanka exempted Non-cash benefits from PAYE tax for employees

Sri Lanka Government has issued a circular exempting employees from paying PAYE tax on non-cash benefits such as for vehicles, fuel allowances, housing and medical benefits which have been provided to employees at their places of employment.



Sri Lanka flags return to growth, protesters demand tax cuts

Sri Lanka’s economy is expected to grow again from the end of this year and the government hopes the country will emerge from an economic crisis by 2026, the president said on Wednesday, as hundreds protested a recent rise in taxes amid high inflation.



Sri Lanka President delivers Government’s policy statement in Parliament

Sri Lanka President Ranil Wickremesinghe ceremonially declared open the fourth session of the ninth Parliament and delivered the Government Policy Statement today (February 08).