Hirdaramani Apparel, Lacoste Foundation, and UNDP Collaborate to Empower 100 Families

Hirdaramani Apparel and the Lacoste Foundation have come together through the United Nations Development Programme (UNDP) in Sri Lanka’s facility for Private Sector Giving to promote socio-economic recovery and food security and address its multidimensional vulnerabilities. To signify the partnership, Vinod Hirdaramani – Chairman, Hirdaramani Apparel, and Azusa Kubota – Resident Representative of UNDP in […]

Sri Lanka and Thailand to Sign Free Trade Agreement in February 2024

The 8th round of negotiations for the Sri Lanka-Thailand Free Trade Agreement (SLTFTA) concluded successfully on November 29th, paving the way for a historic deal to be signed in February 2024. The negotiations, co-chaired by the Chief Negotiators of both countries, Auramon Supthaweethum (Thailand) and K. J. Weerasinghe (Sri Lanka), saw both sides agree to […]

Sri Lanka elected to the Executive Board of the UNESCO

Sri Lanka was elected to the Executive Board of the United Nations Educational, Scientific and Cultural Organization (UNESCO) for the term 2023-2027, during the 42nd General Conference of the inter-governmental organization, on 15 November 2023 in Paris. Sri Lanka obtained 144 votes out of 188 member states voting at the said election, co-securing the 3rd highest vote […]

Government urged to crack down on tax evaders instead of taxpayers: Harsha

In a press conference held yesterday, MP Harsha de Silva, Chairman of the Committee on Public Finance, shed light on the government’s tax collection efforts, revealing significant shortfalls in expected revenue. His comments have ignited a debate on the fairness of the current tax collection system and whether the government should prioritize collecting taxes from […]

Borders and Budget: Visa reform will boost tourism and reverse brain drain

By Daniel Alphonsus Three million tourists are set to visit our shores next year. We will issue nearly as many online visas – millions too many. ETAs are a tourist’s bane: rather than dreamy sun, sea and sand, the weary salaryman’s getaway begins with the tedium of forms. The tourist’s ayubowan to Sri Lanka begins […]

Harsha proposes tax reforms to relieve burden on middle class and professionals

MP Harsha de Silva’s Tax Reform Proposal: Simplify PAYE tax structure and introduce surcharge.Surprising Revenue Figures: PAYE collection surpasses expectations, while PIT falls short.Inequality in Tax Burden: Current system disproportionately impacts middle-class professionals.MP’s Evidence-Based Approach: Proposed reforms aim to balance government revenue and reduce the tax burden.Combatting Tax Fraud: Efforts to address LKR 60 billion […]

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 […]

Sri Lanka ratifies Comprehensive Nuclear Test Ban Treaty

Sri Lanka deposited the instrument of ratification of CTBT with the UN Office of Legal Affairs (UNOLA) on 25 July 2023 at the UN Headquarters in New York becoming the 178th State to ratify the CTBT. By depositing CTBT instrument of ratification, Sri Lanka’s status as a signatory is elevated to a complete State Party to […]

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