People allege that the prices of vehicle spare parts such as lubricants, tires and batteries for motorcycles, three-wheelers, cars, buses has risen unbearably.

The proposed Social Security Contribution Tax will further burden the people as it would result in further increase of the Value Added Tax (VAT) to 20%, National People’s Power (NPP) leader Mr. Anura Kumara Dissanayake said today (September 06).

Sri Lanka’s earnings from exports increased in July 2022, while import expenditure declined for the fifth consecutive month on a year-on-year basis, the Central Bank of Sri Lanka (CBSL) said.

Sri Lanka’s Supreme Court has determined that some clauses of 22nd Amendment to the Constitution are inconsistent with the Constitution and needs to be approved through a special majority in Parliament and a referendum, Speaker Mahinda Yapa Abeyawardane told Parliament today (September 06).

Sri Lanka’s Foreign Minister Ali Sabry said on Monday a constitutional amendment bill trimming presidential powers is expected to become law in a couple of weeks.

Despite the country reaching self-sufficiency in canned fish production, the local canned fish manufacturers allege that the country’s largest modern retail chain, state-owned Lanka Sathosa, is attempting to purchase imported canned fish.

Sri Lanka will not accept any international investigation imposed by the U.N. Human Rights Council into alleged rights abuses during the country’s long civil war, an official said Monday.

Sri Lanka’s government has appointed a committee to facilitate the repatriation of Sri Lankan refugees from India, according to a statement from the government on Monday.

Prices of Litro domestic LP Gas cylinders will be reduced from midnight today (August 05).

India on Sunday highlighted its constructive and significant role in human-centric globalization at the United Nations General Assembly and said that it had provided nearly $4 billion in food and financial assistance to Sri Lanka.

The Health Ministry spends nearly 40% of the Ministry’s expenditure on medicines to purchase medicines for cancer patients, it was revealed at a meeting with the President.

Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva today said she is very pleased that IMF staff and Sri Lankan government officials have reached a staff-level agreement to support the country’s economic policies with a 48-month Extended Fund Facility of about US$ 2.9 billion.

A 31-year-old man died when he was shot in Thalgaswala, Pitigala last night (September 03), police said.

Samagi Jana Balawegaya (SJB) MP and the Chairman of the Committee for Public Finance Dr. Harsha de Silva stated that although the government has signed a staff-level agreement with the IMF, the Parliament has not been briefed on the terms and conditions of the agreement.

President Ranil Wickremesinghe has issued a gazette notification to be effective from September 03, 2022, specifying once again the supply of power and all related services, petroleum production and fuel supply or distribution and health services as essential services for maintaining normalcy of life of the public.