News

Sri Lanka’s manufacturing sector contracted significantly in September with the decline of people’s purchasing power meanwhile services sector has marginally expanded, according to a Purchasing Managers’ Index compiled by the central bank. The manufacturing PMI has remained below 50 consecutively...

Under the current economic situation, if salary increase is not possible, the government employees request to be given an interim allowance. The Union of Public Service Unions has decided to present its demand to the government along with a petition...

Nethmi Ahimsa won the 5th place in the world championship wrestling tournament held in Spain. Having won that victory, she came to Ceylon this morning.

The Bangladesh team managed to record a 9-run victory over the Netherlands in the first match of the Super 12 round of the 2020 World Cup in Australia. The captain of the Dutch team who won the toss of the...

China says it looks forward to enhancing ties with the Sri Lanka Podujana Peramuna (SLPP) led by former President Mahinda Rajapaksa. The Chinese Embassy in Sri Lanka thanked former President Mahinda Rajapaksa after he congratulated Chinese President Xi Jinping on...

SriLankan employees express their surprise regarding a statement made by Aviation Minister Nimal Siripala de Silva that a committee will be appointed to look into the allegation that a married woman has been hired as a flight attendant by SriLankan...

The Annual taxes imposed on Casino's has been increased by 150% from Rs. 200 Million to Rs. 500 Million. The hike in the taxes imposed on casinos is in effect from the 1st of August 2022. The Gaming and Gambling tax...

The KPMG Sri Lanka Academy will be conducting the Virtual Assembly to discuss “Dissecting the Inland Revenue Amendment Bill 2022 (Income Tax)” once again due to request of many. The repeat session is scheduled for the 27th of October 2022...

The special audit report regarding the evaluation of the procurement process for the purchase of coal for the period 2022 to 2025 for the Lakwijaya Coal Plant in Norochchole has been released. The report states that a bid related to...

Dr. Harsha de Silva, Treasurer of Samagi Jana Balawega and Member of Parliament, claims that Mr. Gotabhaya Rajapaksa is poorer now than when he was president. "We assumed that poverty in our country was fast declining, but according to the...