News

Sri Lankan Migrant Workers get Tax Exemption on Foreign Earnings

Sri Lankan migrant workers are exempt from the 15% tax and are not subject to taxation on the money they remit to Sri Lanka....

Sri Lanka’s Tourism Industry Sees Robust Growth in 2025

Sri Lanka’s tourism industry is experiencing strong growth, with over 492,000 visitors recorded in 2025 so far, reflecting an optimistic outlook for the sector....

EPF incurs nearly Rs. 20 billion  in losses; over Rs. 12 bn in foregone earnings

The Employees’ Provident Fund (EPF) has suffered close to Rs. 20 billion in losses from bond and equity market investments, with an additional Rs....

Sri Lanka’s Electricity Tariff Breach Triggers Heavy Losses  for CEB

Maintaining a cost-reflective electricity pricing formula is crucial for Sri Lanka to adhere to the structural benchmarks set by the International Monetary Fund (IMF)....

Labour Minister Refutes Opposition Claims on Adani Investment and Fuel Pricing

Labour Minister and Economic Development Deputy Minister Prof. Anil Jayantha Fernando rejected Opposition allegations regarding the Government’s stance on the Adani Group’s investment and fuel pricing, emphasizing that all...

Popular

spot_imgspot_img