Tax to 30-pct on EPF is unjust as members end up paying more than corporate sector: Eran W

Eran Wclramaratne stressed that chapter 27 of the Constitution, envisages that the directive principles policy shall guide parliament, President and the Cabinet of Ministers in the enactment of laws and the governance of Sri Lanka to establish a just society. But the government’s Domestic Debt Optimisation programme highlights the government’s discriminatory principles and that the […]

Mastercard and Colombo Port City Economic Commission Sign MoU for City Possible

Mastercard and Colombo Port City Economic Commission today announced the signing of a Memorandum of Understanding (MoU) to collaborate by leveraging Mastercard’s City PossibleTM platform for the development of Port City Colombo, an export-oriented, multi-service-focused Special Economic Zone. Colombo Port City Economic Commission envisions positioning Port City Colombo, as a modern, sustainable, Smart City, and […]

Tea Exporters Association Highlights Resilient Tea Industry Amidst Global Challenges

The 24th Annual General Meeting (AGM) of the Tea Exporters Association (TEA) was held on the 1st of September 2023, amidst the presence of industry stakeholders and esteemed guests. The AGM, which took place at the Grand Marquee, Taj Samudra, showcased the resilience of the Sri Lankan tea industry amidst global challenges. Vimalendra Sharan, FAO […]

You will find many surprises in the next budget: President

Sri Lanka’s President Ranil Wickremesinghe, who is also the Finance Minister, told Parliament yesterday that there will be many surprises in the next budget. He was responding to a query made by the Chairman of the Committee on Public Finance Harsha de Silva on DDO. “Don’t go to the company that is making unconscionable profits […]

Australian Government to hold Study Australia Showcase in Colombo

The Australian Trade and Investment Commission (Austrade) will hold a Study Australia Roadshow in Colombo on 14 September 2023. The showcase will be a one-stop-shop to address visitors’ queries on studying in Australia. The roadshow will be a valuable platform for students, parents and school teams to engage directly with delegates from an extensive line-up […]

WindForce Commence development of 10MW Solar Power Project in Kebitigollewa

WindForce PLC achieved a significant milestone by officially signing the Power Purchase Agreement (PPA) for the development of the 10MW Kebitigollewa Solar Power Project. This momentous event marked the commencement of the project and was attended by key stakeholders, including N.S. Ilangakoon, Chairman of the Ceylon Electricity Board (CEB), Manjula Perera, Managing Director of WindForce […]

Thriving on TikTok: A soul laced with dance

In a digital age where everyone is showcasing their unique personalities, there are a few who stand out with exceptional talent. TikTok’s dance community is a diverse melting pot of talent, bringing together individuals from various backgrounds, cultures, and skill levels.From professional dancers to enthusiastic beginners, everyone has the opportunity to showcase their creativity and […]

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