CNL Reporter, Author at Colombo News Line

Sri Lanka to Launch ‘Super App’ for Seamless Access to Public Services

CNL Reporter
July 22, 2025
News
Super App
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In a major stride toward digital governance, Sri Lanka’s Information and Communication Technology Agency

ePassport personalisation: Bid deadline extended again

CNL Reporter
July 21, 2025
News
ePassport
0 Comments

The Department of Immigration and Emigration (DIE) has granted a second extension to bidders for its tender to personalise ePassports.

Central Expressway Project gets China’s Exim Bank funding soon

CNL Reporter
July 21, 2025
News, Political
Central Expressway
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Funding from China’s Export-Import (Exim) Bank could resume by September or October to continue the construction of the long-delayed Central Expressway Project (CEP), the Road Development Authority (RDA) announced. RDA Chairman T. Paskaran confirmed that negotiations with the bank were ongoing, in the aftermath of disbursements being suspended due to Sri Lanka’s economic crisis. “Negotiations with the donor are currently …

Sri Lanka to Impose 18% VAT on PayPal, Stripe and Crypto Transactions

CNL Reporter
July 21, 2025
Political
PayPal
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In a controversial move likely to impact online payments and digital commerce, Sri Lanka will impose an 18 percent Value Added Tax (VAT) on foreign financial platforms such as PayPal,

Govt. Revenue Surges to Rs. 2 Trillion in Five Months, Budget Deficit Narrows

CNL Reporter
July 21, 2025
News, Political
Budget
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Sri Lanka’s government revenue collection showed strong momentum in May 2025, recording Rs. 486 billion—the highest monthly figure so far this year.

IFC Colombo 1 (Pvt) Ltd gets a 25-year tax holiday

CNL Reporter
July 21, 2025
News
tax holiday
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Sri Lanka has given a 25-year tax holiday, and the next 10 years at half the rate, to IFC Colombo 1 (Pvt) Ltd, which will develop a mixed use plot in the Colombo Port City.

Over 2,000 Bribery and Corruption Complaints Filed in Five Months

CNL Reporter
July 21, 2025
Political
Corruption
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Sri Lanka’s Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has revealed that it received

BOI data reveals realised FDI surged by 101% YoY to $ 507 million

CNL Reporter
July 21, 2025
Political
BOI data
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Sri Lanka has registered a remarkable 101% year-on-year (YoY) surge in realised foreign direct investment (FDI) inflows during the first half of 2025,