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Daisy Forrest Summoned to CID, Possible Arrest Expected?
Daisy Forrest also known as ‘Daisy Achchi’, grandmother of Yoshitha Rajapaksa, has been summoned to the Criminal Investigation Department (CID) today (March 5) and is currently providing...
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)....