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Cabinet Approval to Be Sought for VAT Exemption on Lanka Sugar’s Brown Sugar

December 07, Colombo (LNW): Cabinet approval will soon be sought to remove the Value-Added Tax (VAT) on brown sugar produced by Lanka Sugar, a state-owned...

27 Sri Lankans Return Home from Lebanon Amid Middle East Crisis

Twenty-seven Sri Lankans stranded in Lebanon due to the ongoing Lebanon-Israel conflict arrived safely at Katunayake Airport on Wednesday (4) night. Among them were five...

US Court considers a 45-day stay for Hamilton Reserve Bank vs SL Govt. case

In a pivotal moment for Sri Lanka’s ongoing sovereign debt restructuring, the U.S. District Court for the Southern District of New York is considering...

Sri Lanka’s Auto Assembly Industry Eyes US$2 billion Exports amid Challenges”

Sri Lanka’s local automobile assembly industry is set to expand significantly, with projections to increase exports of vehicles, two-wheelers, and components from the current...

CEB to Submit Revised Electricity Tariff Proposal to PUCSL Today

December 06, Colombo (LNW): The Ceylon Electricity Board (CEB) has confirmed that it will submit its proposal for revising electricity tariffs to the Public...

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