Exclusive articles:
CEB Proposes 18.3% Tariff Hike despite Sharp Decline in Hydropower Sales.
By: Staff Writer
May 26, Colombo (LNW): The Ceylon Electricity Board (CEB) has put forward a controversial proposal to increase electricity tariffs by 18.3% for the final...
Sri Lanka’s Economic Collapse in 2022-2023 Shutters Businesses, Cuts Jobs
By: Staff Writer
May 20, Colombo (LNW): Once a thriving hub of industry and enterprise, Sri Lanka is now reeling from the harsh fallout of its...
U.S. Credit Downgrade Raises Concerns for Sri Lanka’s Reserves.
By: Staff Writer
May 20, Colombo (LNW): Moody’s recent downgrade of the United States’ long-term credit rating has raised fresh concerns in Sri Lanka over the...
Sri Lanka Arrests UK Woman over Large Cannabis Haul; Foreign Office Responds.
By: Staff Writer
May 20, Colombo (LNW): UK authorities are providing support to a British woman arrested in Sri Lanka, as reports emerge that she has...
Government Moves to Cut Tax Breaks for Port City and Mega Projects.
By: Staff Writer
May 20, Colombo (LNW):In a move that could significantly reshape its investment climate, the Sri Lankan government is planning to curtail generous tax...