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Sri Lanka Exports top US$ 1.3 billion in January 2025

  • CNL Reporter
  • February 26, 2025
  • News
  • Sri Lanka Exports top US$ 1.3 billion in January 2025
  • 0 Comments

Sri Lanka’s export sector kicked off 2025 on a positive note, with total exports crossing US$ 1.3 billion in January, marking a 7.5 percent year-on-year (YoY) increase, data from the Export Development Board (EDB) showed.

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Freelancers earning foreign income liable to pay 15% Tax

  • CNL Reporter
  • February 25, 2025
  • News
  • Freelancers earning foreign income liable to pay 15% Tax
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Freelancers and individuals in Sri Lanka who earn foreign exchange by providing services to external clients will be subject to a 15% services export tax, according to a tax expert.

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EU grants EUR1.3mn to build crisis preparedness in Sri Lanka, Maldives

  • CNL Reporter
  • February 25, 2025
  • News
  • Maldives, Sri Lanka
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A 1.3 million euro project, funded by the European Union, aims to bolster crisis preparedness within communities across selected Sri Lankan districts and Maldivian islands.

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Sri Lanka to Establish Eight Regional Export Hubs to Boost GDP Contribution

  • CNL Reporter
  • February 24, 2025
  • News
  • Sri Lanka to Establish Eight Regional Export Hubs to Boost GDP Contribution
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The Export Development Board (EDB) is set to launch eight regional export hubs this year as part of a broader initiative to strengthen Sri Lanka’s export sector and enhance its contribution to the national economy.

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Defense Secretary orders immediate arrest of all armed forces deserters

  • CNL Reporter
  • February 24, 2025
  • News
  • Defense Secretary orders immediate arrest of all armed forces deserters
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The Secretary to the Ministry of Defence, Air Vice Marshal (Retired) Sampath Thuyacontha, says he has issued an order for the immediate arrest of all deserters from the security forces.

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Good behavior earns Arjun Aloysius early release from prison

  • CNL Reporter
  • February 24, 2025
  • News
  • Good behavior earns Arjun Aloysius early release from prison
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Arjun Aloysius, Director of W.M. Mendis Distilleries, and two others, who were serving a jail term for defaulting on a payment of Rs. 3.5 billion in Value Added Tax (VAT) by the company, were released from prison two months early based on their good behavior within the prison.

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Suspect who provided firearm used in Kotahena shooting arrested

  • CNL Reporter
  • February 24, 2025
  • News
  • Suspect who provided firearm used in Kotahena shooting arrested
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A suspect allegedly responsible for aiding and abetting the recent shooting incident in the Kotahena area, which claimed the life of one person, has been arrested by the Colombo North Divisional Crime Investigation Bureau.

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No relatives come forward to claim body of ‘Ganemulla Sanjeewa’

  • CNL Reporter
  • February 20, 2025
  • News
  • No relatives come forward to claim body of ‘Ganemulla Sanjeewa’
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No relatives of Sanjeewa Kumara Samararatne, also known as “Ganemulla Sanjeewa”, who was killed in a shooting inside the Magistrate’s Court No. 05 at the Aluthkade Courts Complex on Wednesday (19), have come forward to claim his remains.

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Elephant death toll in ‘Meenagaya’ train accident climbs to 6

  • CNL Reporter
  • February 20, 2025
  • News
  • Elephant death toll in ‘Meenagaya’ train accident climbs to 6
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The number of elephants killed after the Batticaloa-Colombo train, ‘Meenagaya’, collided with a herd of elephants at Gal Oya has risen to six, while another elephant is reportedly critically injured.

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Suspect assassinated inside Sri Lanka court in the capital Colombo

  • CNL Reporter
  • February 20, 2025
  • News
  • Suspect assassinated inside Sri Lanka court in the capital Colombo
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A suspect in organized crime was assassinated in a daring shooting inside a court in Sri Lanka’s main court complex in the capital Colombo, in the latest in a series of killings by rival gangs in the island.

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