Higher taxes and economic growth drive SL’s budget surplus
Sri Lanka’s budget is getting into fine shape with substantially higher revenues made possible from higher taxes which are further supported by the robust recovery seen in the economy this year.
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Home Lands to build Sri Lanka’s first tourists resort apartments
In a significant stride toward redefining modern living spaces, Home Lands Skyline Ltd., has announced the successful acquisition of 5A 0R 24.50P of premier land located in Negombo.
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Trade Ministry eyes boost to local tyre industry
The Trade Ministry recently convened a meeting with representatives from the Local Tyre Manufacturers’ Association to explore strategies for boosting the domestic tyre industry.
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Government opens Tenders for salt imports today to tackle shortage
The Government has taken steps to open tenders for the import of 30,000 metric tonnes (MT) of salt from today (3).
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BOI attracts US$ 608 million in foreign investments in 2024
Sri Lanka’s Board of Investment (BOI) signed 74 projects in 2024, with an estimated investment of US $ 608 million, with the second half of the year showing slow growth, the Finance Ministry said.
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Colombo HC extends suspension on Keheliya and family’s assets
The Colombo High Court today (3) extended the suspension order issued on the bank accounts and life insurance policies of former Health Minister Keheliya Rambukwella and his family members, for an additional three months.
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Mahinda Samarasinghe to continue as Sri Lanka’s Ambassador to US
The Ministry of Foreign Affairs announced that Sri Lanka’s Ambassador to the United States, Mahinda Samarasinghe, will continue to serve in that position due to ongoing discussions with the International Monetary Fund (IMF).
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Ex-PS member arrested for defamatory social media posts on MP Kottahachchi
The Criminal Investigation Department (CID) has arrested former SLPP member of the Millaniya Pradeshiya Sabha, Raveendra Nammuni.
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China faces new virus outbreak five years after Covid Crisis
China is dealing with an outbreak of the human metapneumovirus (HMPV), five years after the Covid-19 pandemic.
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Sri Lanka Ports Authority achieves record high throughput
The Sri Lanka Ports Authority (SLPA) reached a historic 2.41 million Twenty-foot Equivalent Units (TEUs) in throughput, marking its highest-ever performance.
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