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salt imports to sri lanka
Business Headlines 

LNP – Cabinet approval to import salt to resolve shortage

December 19, 2024December 19, 2024 Tyronne Jayamanne

The Cabinet of Ministers has granted approval for the import of up to 30,000 metric tons of non-iodized salt by the State Trading Corporation to address the ongoing salt shortage in the market.

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doctors in sri lanka
Business Headlines 

LNP – Compulsory retirement age of govt doctors extended

December 19, 2024December 19, 2024 Tyronne Jayamanne

The Cabinet of Ministers has approved the extension of the compulsory age limit of retirement for government medical officers up to 63 years, with amendments to be made in line with the Pensions Act.

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1617907981 sri lanka india police chiefs 1 in sri lankan news
Headlines Business 

LNP – Sri Lanka Police to receive Rs. 300M Indian grant for new vehicles

December 19, 2024December 19, 2024 Tyronne Jayamanne

The Government of India has agreed to provide financial assistance amounting to Sri Lankan Rs. 300 million to address vehicle requirements for the Sri Lanka Police,

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witholding tax sri lanka
Business Headlines 

LNP – Withholding Tax to be increased to 10%

December 18, 2024December 18, 2024 Tyronne Jayamanne new withholding tax sri lanka, withholding tax sri lanka

President Anura Kumara Dissanayake announced that the Withholding Tax will be increased from 5% to 10%.

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vehicle imports sri lanka 2025
Business Headlines 

LNP – Sri Lanka to allow vehicle imports from February 2025

December 18, 2024December 18, 2024 Tyronne Jayamanne 2025 vehicle imports sri lanka, vehicle imports sri lanka

President Anura Kumara Dissanayake has announced that the government has decided to allow the import of vehicles for personal use, with effect from February 01, 2025.

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new income tax sri lanka
Business Headlines 

LNP – Govt to raise PAYE tax threshold to Rs. 150,000 – President

December 18, 2024December 18, 2024 Tyronne Jayamanne income tax sri lanka, payee tax sri lanka

President Anura Kumara Dissanayake says that the government was able to reach an agreement with the International Monetary Fund (IMF) to increase the Pay As You Earn (PAYE) Tax exemption limit from Rs. 100,000 to Rs. 150,000.

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Toll-Gate-Southern-Expressway
Business Headlines 

LNP – Expressway exits accept only local currency, inconveniencing tourists and locals: Official

December 18, 2024December 18, 2024 Tyronne Jayamanne sri lanka expressway toll

Tourists and the local community face inconvenience when making payments at expressway toll gates, as they currently accept only Sri Lankan currency

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presidents house sri lanka
Business Headlines Politics 

LNP – Plan to relocate President’s House, Temple Trees to Sri J’pura Kotte put on hold

December 18, 2024December 18, 2024 Tyronne Jayamanne presidents house colombo, presidents house sri lanka

The new government led by the National People’s Power (NPP) has put on hold plans by the previous rule to relocate the President’s House,

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internet penetration in sri lanka
Business Headlines 

LNP – Sri Lanka’s internet subscriptions hit 26mn connections

December 18, 2024December 18, 2024 Tyronne Jayamanne internet penetration in sri lanka, internet users in sri lanka

The number of internet subscriptionsin Sri Lanka, including mobile internet connections, has risen to 26 million units by the end of the second quarter of 2024, according to local analytics platform Charts.lk.

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sri lanka colombo best places to visit lotus tower in sri lankan news
Headlines Business 

LNP – Sri Lanka’s economy grows 5.5% in Q3 2024

December 17, 2024December 17, 2024 Tyronne Jayamanne

The year-on-year GDP growth rate for the third quarter of 2024 has been reported as 5.5 percent of positive growth rate, the Department of Census and Statistics indicated.

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Recent Posts

  • LNP – Cabinet approval to import salt to resolve shortage
  • LNP – ADB extends $150 million line of credit to CEB
  • LNP – Compulsory retirement age of govt doctors extended
  • LNP – Sri Lanka Police to receive Rs. 300M Indian grant for new vehicles
  • LNP – Cabinet nod for review of SOEs with non-commercial interests

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