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Export of services grows by 69% to $ 2.9 bn up to November
The Sri Lanka Export Development Board (EDB) revealed yesterday that the estimated value of services exports in the first 11 months of 2023 grew by 68.72% to $ 2,908.61 million compared to the previous year.
Putin vows to 'intensify' attacks against Ukraine military targets
President Vladimir Putin has pledged to "intensify" attacks against Ukraine, following days of aerial bombardment by both sides in the long-running war.
Israel Supreme Court strikes down judicial reforms
Israel's Supreme Court has struck down a controversial judicial reform that triggered nationwide protests last year against the Netanyahu government.
SL Inland Revenue Commissioner claims a sharp rise in tax files
Department of Inland Revenue Commissioner A.M. Nafeer on Thursday revealed a sharp rise in tax files in 2023.
18% VAT for fuel, LPG but no PAL from January
The Ports and Airports Development Levy (PAL) currently imposed on fuel and gas is set to be removed upon implementation of the revised Value Added Tax (VAT).
Colombo stock market ends 2023 on a high positive note
The Colombo stock market yesterday ended 2023 on a positive note whilst notching up double digit gain for the year.
Treasury releases annual funds for all approved payments for the first time in 25 years
The Ministry of Finance announced that, in accordance with the 2023 Budget provisions approved by Parliament, the Treasury has disbursed the required funds for all invoices certified by government agencies until 15 December 2023.
US Navy helicopters destroy Houthi boats in Red Sea after attempted hijack
The US Navy has destroyed Houthi "small boats" whose crew attempted to board a container ship in the Red Sea.
Israel says war in Gaza expected to continue throughout 2024
The Israeli military has said it expects the conflict in Gaza to continue throughout 2024.
SLtourist arrivals cross 200,000 in December; highest in 4 years
Sri Lanka has seen more than 200,000 tourist arrivals in the month of December alone, Tourism Minister Harin Fernando said in a post on the social media platform X.
S L born pioneer of location-tracking technology in King’s holistnours
A Sri Lankan born pioneer of location-tracking technology has been appointed OBE in the King’s New Year Honours.
Finance Ministry to delay in the implementation of tax changes
State Minister of Finance Ranjith Siyambalapitiya yesterday revealed a one-month postponement in implementing tax changes related to vehicle registration, revenue licenses and property purchases.
Export of services grows by robust 69% to $ 2.9 b up to November
The Sri Lanka Export Development Board (EDB) revealed yesterday that the estimated value of services exports in the first 11 months of 2023 grew by 68.72% to $ 2,908.61 million compared to the previous year.
Venice to ban large tourist groups and loudspeakers
Venice is to ban loudspeakers and tourist groups of more than 25 people, in a bid to ease the impact of mass tourism on the Italian city.
returns medals over alleged sexual abuse
A top wrestler in India has returned two of her medals to highlight alleged sexual harassment of female athletes.
Only certified, trained safari jeep drivers allowed into Yala National Park
To maintain Sri Lanka’s wildlife tourism, starting January 1, 2024, only trained and certified safari jeep drivers would be permitted to enter the Yala Block, the Sri Lanka Tourism Development Authority said.
Special VAT on liquor will increase prices between Rs.90 and Rs.150
The price of liquor will increase between Rs. 90 to Rs. 150 due to the 18 percent increase in value-added tax, or VAT, from January 1, liquor companies claimed.
India, South Korea Eye Joint Development Projects in Sri Lanka
India and South Korea are exploring joint development projects in neighboring Sri Lanka and Bangladesh, sources familiar with the matter revealed.
SriLankan Airlines Privatization Deadline Extended Again
The Sri Lankan government has extended the deadline for inviting proposals from investors interested in acquiring SriLankan Airlines, marking the second such extension since the privatization process began.
Sam Bankman-Fried: Convicted 'Crypto King' will not face second trial
Sam Bankman-Fried, who once ran one of the world's biggest cryptocurrency exchanges and is facing decades in jail, will not face another trial, US prosecutors say.