Opposition leader Sajith Premadasa has accused the government of having written off huge amounts of borrowings obtained by its cronies and received various gratifications in return.
The Constitutional Council is likely to have a vote on the president’s recommendation to grant a six-month service extension to attorney general Sanjay Rajaratnam, said opposition sources.
Opening up a new chapter in the Sri Lanka medical agro exports sector and adding another new product to the Sri Lanka export basket, the government has given the approval to allow cannabis growing in special export processing zones under BOI with full-fledged security, and to adopt greenhouse technology.
The International Monetary Fund (IMF), in its latest report on Sri Lanka has proposed an imputed rental income tax from owner-occupied and vacant residential property to be introduced by April 1, 2025, with an exemption threshold and a graduated tax rate schedule.
The latest Global Economic Prospects report from the World Bank forecast a 2.2 percent growth for Sri Lanka’s economy in 2024.
The government has taken a multi-sectoral approach to reduce the risks and impacts of floods experienced in the country as a result of stormy monsoon rains affecting thousands of families and killing at least 30 people recently.
A lack of space has forced organizers to change the venue for the meeting between the leader of the National People's Power (NPP) Anura Kumara Dissanayake and the Sri Lankan community in the United Kingdom.
Public security minister Tiran Alles has written to the attorney general, seeking his advice with regard to the Royal Park murder convict, whose presidential pardon has now been overturned.
A prominent fishermen leader from Tamil Nadu says their fishermen entering Sri Lankan territorial waters is unavoidable, as they venture into the sea after a 60-day fishing ban on Saturday (15).
Former Speaker and the National Movement of Social Justice (NMSJ) Chairperson Karu Jayasuriya, yesterday (14) emphasised the critical importance of effectively utilising the third tranche of the International Monetary Fund (IMF) bailout package.
