A high-level team of the International Monetary Fund (IMF) led by its Director of the Asia Pacific Department, Krishna Srinivasan, is scheduled to visit Colombo from October 02 to 04 to meet with President Anura Kumara Dissanayake and Sri Lanka’s new economic team.
Apparel & Textile exports top USD 500 million after two years in August 2024
editor
As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in August 2024 amounted to US$ 1,165.4 million, recorded an increase of 4.18 % compared to the month of August 2023.
Sri Lanka Records Deflation for First Time Since 2015
The Central Bank of Sri Lanka announced that headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index, entered negative territory in September 2024. This marks the first instance of deflation since September 2015, with a recorded deflation rate of 0.5%.
New Government Reduces Petrol, Diesel and Kerosene Prices
Accoringly, the price of Petrol 92 Octane has been reduced by Rs. 21 to Rs. 311 per litre, while Auto Diesel has been reduced by Rs. 24 to Rs. 283 per litre.
CID complaint lodged over another stock of low-quality Indian manufactured immunoglobulin
Medical and Civil Rights Professional Association President Dr. Chamara Sanjeewa, has filed a complaint with the Criminal Investigation Department (CID) regarding yet another stock of alleged low-quality human immunoglobulin vials imported from India.
SL requests four-month stay of proceedings of Hamilton Reserve Bank case
Sri Lanka has requested a four-month stay of proceedings in the ongoing case with Hamilton Reserve Bank Ltd. in the United States District Court for the Southern District of New York.
BTS star Suga fined $11,500 for drink-driving
Suga from K-pop boy band BTS has been fined 15 million won ($11,500; £8,600) for driving an electric scooter while intoxicated, according to media reports.
BTS star Suga fined $11,500 for drink-driving
Suga from K-pop boy band BTS has been fined 15 million won ($11,500; £8,600) for driving an electric scooter while intoxicated, according to media reports.
Former MPs ordered to return pistols issued to them immediately
Former parliamentarians have been ordered to return their pistols, which were issued to them for personal security, to the Ministry of Defence without delay, informed sources said yesterday.
Israeli strikes may have displaced million people - Lebanon PM
Israel's continuing air strikes may have already forced as many as one million people from their homes across Lebanon, the country's prime minister has said.
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Excise chief denies claims over issuance of excise license
The Commissioner General of Excise, M.J. Gunasiri, stated that claims made by certain parties regarding the alleged illegal issuance of a large number of excise licenses during the Presidential Election period are false.
NCCSL creates awareness on ‘Managing Forex through Hedge Accounting’.
The National Chamber of Commerce of Sri Lanka (NCCSL) has scheduled an insightful session on Forex Market titled, ‘Managing Foreign Exchange through Hedge Accounting’ on Friday, 4th October 2024, from 3.00 p.m. to 5.00 p.m. at the National Chamber Auditorium.
All taxpayers urged to settle 2023/2024 income tax payments by September 30
Colombo, September 28 (Daily Mirror)- The Inland Revenue Department has urged all taxpayers to ensure that their final income tax payments for the 2023/2024 Year of Assessment are made by September 30, 2024.
President faces criticism for summoning armed forces to maintain public order
President Anura Kumara Dissanayake’s decision to re-issue a gazette notification summoning the armed forces for the maintenance of public order has sparked criticism from human rights activists.