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Sri Lankan News
COPF urges reevaluation of tax mechanism to prevent govt. revenue loss

The Committee of Public Finance (COPF), at its most recent meeting, has examined the effectiveness of recent tax increases on tobacco and liquor, aimed at discouraging consumption and boosting government revenue.

27 Apr 2024 (5:35 PM)


US announces $6 billion long-term military aid package for Ukraine

US Defense Secretary Lloyd Austin announced on Friday a $6 billion long-term military aid package for Ukraine the largest to date which will allow the US to purchase new equipment produced by the American defense industry for the Ukrainian military.

27 Apr 2024 (3:26 PM)


14-hour water cut for several areas in Colombo District today

The National Water Supply Drainage Board (NWSDB) says a 14-hour water cut would be imposed for several areas in Colombo District on Saturday evening (27).

27 Apr 2024 (12:34 PM)


20 Cambodian soldiers killed in an ammunition explosion at a military base

An ammunition explosion at a base in southwestern Cambodia on Saturday afternoon killed 20 soldiers and wounded several others, Prime Minister Hun Manet said.

27 Apr 2024 (11:52 PM)


If we desire a competitive economy, we must embrace competition - President

President Ranil Wickremesinghe emphasized the government s aim to create a highly competitive, export-oriented economy based on market economy, expressing full faith in the business community of the country.

27 Apr 2024 (11:47 PM)


Decision on removing salary disparities of university non-academic staff

The Ministry of Education says that the cabinet memorandum submitted regarding the removal of salary disparities and allowances of the non-academic staff of state universities will be submitted to the ministerial sub-committee.

27 Apr 2024 (8:45 PM)