The advent of the Local Authority elections in 2025 saw the emergence of a new electoral alliance in Eastern Sri Lanka. The ...

This piece is penned in the context of global uncertainty around trade. The island is no stranger to trade. In fact in a ...

The Defence Cooperation Memorandum of Understanding (MoU), exchanged when PM Narendra Modi visited Sri Lanka has become a ...

As the sixth commemoration of the tragic Easter Sunday attacks draws near, Sri Lanka finds itself still entangled in a web of ...

Recent concerns over Sri Lanka’s alleged imposition of cumulative taxes and trade barriers—reportedly amounting to 88% on US ...

The Inland Revenue Department (IRD) recently announced significant changes to the Value Added Tax (VAT) Act No. 14 of 2022, following the official certification of the Value Added Tax (Amendment) Act ...

The Inland Revenue Department (IRD) yesterday confirmed that locally produced liquid milk and yoghurt are now exempted from Value Added Tax (VAT). The VAT exemption came into effect from 11 April, ...

Sri Lanka’s tourism industry is showing strong signs of growth momentum in 2025, with nearly 94,000 visitors welcomed in the ...

The Pathfinder Foundation held an Ambassador’s Roundtable, featuring Ambassador Carmen Moreno of the European Union, who made ...

President Anura Kumara Disanayake revealed yesterday that the longstanding fishing dispute between Sri Lanka and India was a ...

The Tea Exporters Association of Sri Lanka (TEA) has raised concerns over the recently imposed reciprocal tariffs by the US, warning that the country’s lucrative tea exports to the US market could ...

The Colombo stock market yesterday ended the week with losses, amidst relatively low investor activity. The benchmark ASPI declined by 0.6% and the active S&P SL20 by 0.44%. Turnover was a low Rs. 841 ...