Year: 2025
All VAT returns to go digital from July
The Inland Revenue Department (IRD) has announced a sweeping transition in Sri Lanka’s tax administration, declaring that all Value Added Tax (VAT) returns...
Sri Lanka will be in trouble even if US tariffs are reduced to 25%, warns Ranil
Former President Ranil Wickremesinghe has warned that Sri Lanka could face a serious economic crisis due to newly proposed reciprocal tariffs by the...
Kumana National Park ranked second in the world for leopard population density, says new study
A research conducted by a group of wildlife researchers from the Department of Zoology at the University of Sri Jayewardenepura has revealed that...
US trade war carries risks for many APAC sovereign ratings, including Sri Lanka – Fitch
Increases in US tariffs will weigh on the credit metrics of many sovereigns in the Asia-Pacific (APAC) and risks will rise if higher...
Google faces $6.6 billion lawsuit in Britain for alleged abuse of dominance in online search
Google is being sued in Britain for potential damages of up to £5 billion ($6.6 billion) in a class action alleging the company...
Official blunder hampers Sri Lanka’s medal pursuit at Asian Youth Championship
Sri Lanka missed out on two possible medals at the ongoing Asian Youth Athletics Championship after two female athletes were unable to start...
Sri Lanka’s education crisis deepens amid severe teacher shortage and soaring tuition industry
A growing teacher shortage is threatening the core of Sri Lanka’s public education system, with nearly 30,000 vacancies in Advanced Level (A/L) classrooms...
AKD declares conditional funding policy for LG bodies
President Anura Kumara Dissanayake delivered a firm message during a public rally in Kantale over the weekend, declaring that only local government bodies...
As tourism surges in Sri Lanka, locals are asking who truly benefits
The island nation hopes to attract over 3 million visitors in 2025, but amid segregation and rising prices, many in the country worry...
Trump warns China ‘not getting off the hook’ on US tariffs for electronics
United States President Donald Trump has said that no one is “getting off the hook” on trade after his administration appeared to dial...
