News

The Committee on Public Finance (COPF) told officials from the Ministry of Finance that the state was suffering a substantial revenue loss due to a delay in imposing VAT on foreign digital and software providers. COPF Chairman Harsha de Silva,...

The Department of Meteorology states that the heat index has increased in eight districts including Colombo. Sri Lanka Latest News Accordingly, the hot index in the districts of Colombo, Gampaha in the Western Province, Kurunegala and Puttalam in the North-Western...

Sri Lanka finds itself among the 22 heavily indebted countries subjected to contentious surcharges imposed by the International Monetary Fund (IMF) in recent times, igniting debates and raising concerns about financial strain. According to a recent report from the United...

Sri Lanka's banking sector faces a precarious situation following the government's decision to suspend parate execution rights, a move widely perceived as succumbing to pressure from influential debt evaders. This decision has sparked concerns about the sector's ability to facilitate...

Sri Lanka is in the process of identifying potential markets to promote it as an ideal wedding destination for tourists, The Daily Morning Business learnt.  Speaking to The Daily Morning Business recently, an officer from the Sri Lanka Tourism Development Board (SLTDA), who wished...

Chief Government Whip and Urban Development and Housing Minister Prasanna Ranatunga said that no decision has been taken by the Government to transfer the ‘aragalaya’ (the public movement seeking the resignation of the previous Government led by then President Gotabaya...

Recent reports which claim that Sri Lanka is likely to entrust India’s Adani Group with the management of three Sri Lankan airports, including the country’s foremost Airport, the Bandaranaike International Airport (BIA) in Katunayake, are false, according to the Airport...

During his appearance on today's Pethikada program, Attorney-at-Law Nuwan Bopage voiced significant concerns regarding the expansion of presidential authority outlined in the proposed Anti-Terrorism Bill. Of particular concern to Bopage was a provision within the draft legislation that would grant...

A 100-member delegation from the International Society for Krishna Consciousness (ISKCON) in Thiruvananthapuram, India, led by Swami Jagat Sakshi Das, arrived in Sri Lanka to visit sites associated with the Ramayana epic. The group, which landed at the Katunayake Airport,...

After being denied entry into Sri Lanka's Exclusive Economic Zone (EEZ), the Chinese research vessel Xiang Yang Hong 3 has now reached the Maldives. The vessel had previously been engaged in research activities in waters adjacent to Sri Lanka's EEZ....