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President Ranil Wickremesinghe emphasized the government s aim to create a highly competitive, export-oriented economy based on market economy, expressing full faith in the business community of the country. MORE..

27 Apr 2024 (11:47 PM)

Steps are being taken to increase the interest rate of the Employees Provident Fund (EPF) from the existing 9% to 13% with effect from 2023, State Minister of Finance Ranjith Siyambalapitiya said. MORE..

28 Apr 2024 (6:22 PM)

The Department of Meteorology says that the Intertropical Convergence Zone, where winds from the Northern Hemisphere and Southern Hemisphere converge, is affecting the island s weather conditions. MORE..

28 Apr 2024 (4:57 PM)

The Ministry of Education says that the cabinet memorandum submitted regarding the removal of salary disparities and allowances of the non-academic staff of state universities will be submitted to the ministerial sub-committee. MORE..

27 Apr 2024 (8:45 PM)

Pro-Palestinian protesters were arrested on a handful of U.S. university campuses on Saturday, as activists vowed to keep up the movement seeking a ceasefire in Israel s war with Hamas among other demands. MORE..

28 Apr 2024 (5:34 PM)

The Committee of Public Finance (COPF), at its most recent meeting, has examined the effectiveness of recent tax increases on tobacco and liquor, aimed at discouraging consumption and boosting government revenue. MORE..

27 Apr 2024 (5:35 PM)