Tag: SL Government

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Sri Lanka Imposes 18% VAT on Foreign Digital Services Starting October

By: Staff Writer July 25, Colombo (LNW): In a decisive move to align with global tax trends and expand its fiscal net, Sri Lanka will begin...

EVs and Chinese Cars Outpace Japanese Reconditioned Vehicles Imports in Sri Lanka

By: Staff Writer July 25, Colombo (LNW):Sri Lanka’s vehicle market has witnessed a dramatic transformation just months after the government lifted the long-standing vehicle import ban...

Jaya Container Terminal Expansion Back on Track after Delays

By: Staff Writer July 25, Colombo (LNW): The long-delayed expansion of the Jaya Container Terminal (JCT) at the Port of Colombo is now gaining momentum, with...

Fourth Phase of Excavation Uncovers 85 Human Skeletons Near Chemmani Cemetery in Jaffna

Colombo (LNW): The fourth phase of excavations at a site near the Chemmani cemetery in Jaffna has so far uncovered human skeletal remains belonging...

Central Bank of Sri Lanka Tightens Vehicle Loan Rules with New LTV Caps

By: Staff Writer July 19, Colombo (LNW): Effective July 18, 2025, electric and fuel vehicle loan facilities face significant curbsIn a significant policy shift aimed at curbing...

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The aftermath of Cyclone Ditwah did more than replenish...

Cyclone Ditwah Exposes Economic Fragility amid Policy Paralysis

Sri Lanka’s post-crisis economic recovery suffered a severe reversal...

China Pumps Millions into Colombo Port City as Policy Chaos Looms

China Harbour Engineering Company (CHEC) has doubled down on...

Venezuela’s Machado Says She Presented Nobel Peace Prize to Trump During Washington Meeting

Venezuelan opposition leader Maria Corina Machado said she presented...

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