CEB makes operating loss in Dec 2024 quarter as revenues plunge
-
CNL Reporter
-
March 6, 2025
-
News
-
CEB
-
0 Comments
Sri Lanka’s state-run Ceylon Electricity Board has made an operating loss of 3.0 billion rupees in the December 2024 quarter, and made a marginal net profit with the help of other income and gains, interim accounts showed.
Continue Reading
Customs clarifies hybrid vehicle fuel tax controversy
Sri Lanka Customs (SLC) has refuted false information circulating about the imposition of a fuel tax on hybrid vehicles during customs clearance.The SLC clarified that there are two types of hybrid vehicles.
Continue Reading
SEC and Central Bank warn public of rising investment schemes
The Securities and Exchange Commission of Sri Lanka (SEC) has recently raised concerns about a growing trend of investment schemes promoting offshore market opportunities.
Continue Reading
Tax fears likely fueling Sri Lanka’s cash surge, hindering digital shift
-
CNL Reporter
-
March 6, 2025
-
News
-
Tax
-
0 Comments
The fear of taxation may be contributing to the recent increase in cash circulation, highlighting Sri Lanka’s long journey towards a less cash-dependent society.
Continue Reading
Govt. explores digital collaboration with community-led RDMNS railway network for tourism, global expansion
The government has taken interest in the services provided by the RDMNS Railway Network Organization (Ratawata Dumriya Mageenge Sansadaya) – a voluntary platform led by Sri Lankan railway commuters to provide real time railway information – leading to an official meeting held on March 5, 2025, at the Information and Communication Technology Agency (ICTA) of Sri Lanka.
Continue Reading
Tiny island nation sells citizenship to save itself from rising seas
Citizenship of Nauru, an island nation spanning just 8 square miles in the southwest Pacific Ocean, can be yours for $105,000. The tiny, low-lying island has launched a “golden passport” initiative with the aim of raising money to fund climate action.
Continue Reading
Health officials warn of rising colorectal cancer rates among adults and children
The National Cancer Control Programme (NCCP) has reported a rise in colon and rectal cancer patients, commonly known as colorectal cancer (CRC), among both adults and children in Sri Lanka.
Continue Reading
CEB’s revenue drops 28% in 2024 Q4
The state-run Ceylon Electricity Board (CEB) has made an operating loss of Rs. 3 billion in December 2024 quarter, and made a marginal net profit with the help of other income and gains.
Continue Reading
A Tribute to Professor Sisira Jayasuriya – A dear friend and respected economist who fought for social justice – Lionel Bopage
-
CNL Reporter
-
March 6, 2025
-
News, Political
-
0 Comments
It is with deep sorrow that I reflect on the passing of my dear friend and comrade, Professor Sisira Jayasuriya, on 18 February 2025. A respected Sri Lankan-Australian economist, he remained deeply engaged in Sri Lankan economic and political affairs despite living in Australia since 1972.
Continue Reading
Several roads in Yala National Park to reopen starting today
The Department of Wildlife Conservation says that steps will be taken to reopen a limited number of roads in Yala National Park, which have been temporarily closed to tourists, starting today (March 5).
Continue Reading