Sri Lanka’s credit ratings have seen significant updates from Fitch Ratings and Moody’s Investors Service, reflecting recent progress in the country’s financial landscape, particularly the restructuring of its international debt.

The recent increase in withholding tax (WHT) on bank interest in Sri Lanka from 5% to 10% has far-reaching implications for individuals, businesses, and the broader economy.

The President’s Fund was established under Act No. 7 of 1978 by the Parliament of Sri Lanka. Its initial capital of Rs. 237,120.00 was donated by then-President J.R. Jayewardene during his tenure in 1978.

In a devastating series of incidents, 13 people lost their lives in 10 road accidents reported across various parts of the country within the past 24 hours, according to Senior Police Superintendent Neththika Manatunga, the Police Media Spokesperson.

In the past 11 months, the combined security expenses for former Presidents Mahinda Rajapaksa and Gotabaya Rajapaksa have reached an astonishing Rs. 1,017 million.

Open Competitive Examination by Public Service Commission (PSC)

President AKD announced that Local Government (LG) elections will be held before the Sinhala New Year in 2025.

Wellawatta, a prime location known for its affluent Jaffna Tamil community, has become synonymous with high prices—from groceries to real estate. The rising cost of living in this bustling suburb of Colombo is evident in various aspects.

December 18: The government has announced that the import of personal use vehicles will be permitted starting February 1 of next year. AKD informed Parliament today, highlighting this decision during a session.

A significant legal challenge has been filed against MP Dr. Archuna by social activist Oshala Herath, who seeks a declaration that the parliamentarian is disqualified from holding office.