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VAT exemption removal to result in increased power and energy costs.

By: Staff Writer Colombo (LNW):The proposed removal of Value-Added Tax (VAT) exemptions has raised concerns about the potential application of VAT on power and energy...

Shehan Semasinghe Unveils Sri Lanka’s Economic Roadmap for 2024

In a recent press briefing at the Presidential Media Centre, State Minister of Finance, Shehan Semasinghe, unveiled Sri Lanka's projected economic growth for 2024,...

Sri Lanka Pioneers National AI Strategy with UNDP’s AIRA Assessment

The wave of Artificial Intelligence (AI) is swiftly reshaping industries, from agriculture to healthcare, propelling a transformative wave across the economic landscape. This paradigm...

LKR Dips Against USD

Today (Nov 15), the Sri Lankan Rupee experienced a decline against the US Dollar in various commercial banks across Sri Lanka, reflecting a change...

Sri Lanka Original Narrative Summary: 15/11

Health sector sources say shortage of medical specialists, which was around 400 in the first few months of this year, has now increased to...

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