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Sri Lanka Original Narrative Summary: 20/10

Sri Lanka Original Narrative Summary: 20/10

Significant Increase in Income Tax Registrations with TIN Implementation for 2023/2024

October 19, Colombo (LNW) The implementation of the Taxpayer Identification Number (TIN) and Individual Registration Programme for Income Tax has resulted in a substantial...

CBSL Directs Banks to Establish Business Revival Units for Struggling Enterprises

October 19, Colombo (LNW) The Central Bank of Sri Lanka (CBSL) has issued a directive to all banks to establish dedicated business revival units...

CEB Clarifies Stance on Competitive Diesel Procurement for Electricity Generation

October 19, Colombo (LNW) The Ceylon Electricity Board (CEB) clarified that its new management has not made any decisions against competitive procurement of diesel...

Sri Lanka Original Narrative Summary: 19/10

The Ministry of Defense has been petitioned in the Court of Appeal, seeking to overturn a directive that requires individuals holding firearms for personal...

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Divestment Push Rekindles Scrutiny of Troubled Hyatt Megaproject

Sri Lanka’s renewed attempt to divest its stake in...

IMF Program under Stress as NPP Government Faces Reality Test

The JVP-led National People’s Power (NPP) Government’s stewardship of...

Sri Lanka’s Wind Energy Drive Gains Momentum amid Ambitious Targets

Sri Lanka’s wind energy sector is entering a decisive...

China and Canada Announce Tariff Cuts, Signalling Reset in Bilateral Relations

Chinese President Xi Jinping and Canadian Prime Minister Mark...

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