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,
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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.
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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.
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Sri Lanka’s Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has revealed that it received
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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,
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Weekly Political Review NPP-led government battles rising public discontent, institutional shakeups, and a fragile economy
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Voting began on Sunday morning for an election for Japan’s House of Councillors, the upper chamber of parliament,
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Ukraine has proposed a new round of peace talks with Russia, President Volodymyr Zelensky has said, in a move aimed at restarting negotiations that halted last month.
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The government is hoping to increase the amount of fresh milk collected from farmers to 3 million liters per day by 2029, up from 1 million liters in 2025, states Deputy Minister of Agriculture and Livestock Namal Karunaratne.
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Around 40% of police personnel are suffering from non-communicable diseases, according to Acting Inspector General of Police (IGP) Priyantha Weerasooriya.
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