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Sri Lanka

US tariffs could cost Sri Lanka 50,000 jobs

Sri Lanka’s export-driven economy may be on the brink of a major setback, with the Free Trade Zone Manufacturers’ Association (FTZMA) warning that...

Business

Sri Lanka’s outdated laws choke e-commerce, stranding thousands of parcels at Customs

Thousands of parcels ordered by Sri Lankan consumers from global e-commerce platforms such as TEMU, AliExpress, and eBay remain stranded at Sri Lanka...

Politics

Opposition considers no-confidence motion against Speaker

A coalition of opposition parties is reportedly preparing to table a no-confidence motion against Speaker of Parliament Dr. Jagath Wickramaratne, with a final...

Sri Lanka

Sri Lanka to introduce property taxes in 2027

Sri Lanka will introduce a nationwide property tax system by the first quarter of 2027, as part of the government’s ongoing fiscal reform...

Sri Lanka

Nurses’ Union warns of staff shortage following retirement age cut

The Public Service United Nurses’ Union has expressed concern that the government’s move to reduce the mandatory retirement age for nurses to 60...

Sri Lanka

One in seven Sri Lankans hurt in accidents annually

Accidents constitute the largest cause of hospital admissions in Sri Lanka, with approximately one million people requiring inpatient care annually due to such...

Business

Govt withholding development funds despite Rs. 500 Bn allocation – NCASL

The National Construction Association of Sri Lanka (NCASL) alleges that the government of deliberately stalling public development projects, despite allocating a substantial Rs....

Sri Lanka

Scrapping Adani deal could cost Sri Lanka millions in compensation

The Sri Lankan government is facing pressure to reimburse several million U.S. dollars to India’s Adani Green Energy following the cancellation of two...