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Sri Lanka vehicle market to face unprecedented price hike if Govt. taxes industry further

Sri Lanka, Oct. 28 -- The prices of all vehicle models in Sri Lanka could increase beyond affordable limits following the government's proposal to impose a 15 per cent tax on vehicles, Vehicle Importe... Read More


No egg donation at Castle Street Hospital for Women

Sri Lanka, Oct. 28 -- Responding to recent media reports, Dr. Ajith Dantanarayana, Director of the Castle Street Hospital for Women in Colombo, clarified that there is no ova (egg) donation programme ... Read More


Jamaica braces for world's strongest storm of 2025 as death toll rises to 7

Sri Lanka, Oct. 28 -- Jamaica is bracing for the world's strongest storm of 2025 after Hurricane Melissa was blamed for seven deaths across the Caribbean. The Category 5 hurricane is expected to gath... Read More


Strict new rules for alcohol tax payments

Sri Lanka, Oct. 28 -- A new gazette notification has been issued amending the rules applicable to the payment period and levy of taxes on alcoholic products. President Anura Kumara Dissanayake, as th... Read More


Coconut prices surge as intermediaries profit from auction sales

Sri Lanka, Oct. 28 -- The Coconut Cultivation Board has revealed that intermediaries are earning profits of around Rs. 40-50 by selling coconuts purchased at Rs. 134 for Rs. 180 at the coconut auction... Read More


Two new deputy governors appointed to Central Bank

Sri Lanka, Oct. 28 -- The Central Bank of Sri Lanka (BCSL) has announced the appointment of two new Deputy Governors, confirmed by President Anura Kumara Dissanayake in his capacity as Minister of Fin... Read More


Court rejects anticipatory bail of Isolace Biotech Pharma owner

Sri Lanka, Oct. 28 -- Colombo Chief Magistrate Asanga S. Bodaragama today rejected an anticipatory bail application filed by Sugath Janaka Fernando, the owner of Isolace Biotech Pharma, who is facing ... Read More


Chinese citizens arrested in Georgia, accused of trying to buy uranium

Sri Lanka, Oct. 27 -- Three Chinese citizens have been arrested in Georgia's capital, Tbilisi, while allegedly trying to buy 2kg (4.4lb) of uranium, the State Security Service says. The suspects plan... Read More


People's Bank solidifies leadership in digital banking with over 4mn customer registrations

Sri Lanka, Oct. 27 -- People's Bank has once again underscored its leadership in digital transformation by surpassing four million customer registrations across its digital platforms. Through its su... Read More


CEAT Kelani wins big at CNCI Achiever Awards

Sri Lanka, Oct. 27 -- CEAT Kelani Holdings has been recognised with two prestigious awards at the 2025 CNCI Achiever Awards presented by the Ceylon National Chamber of Industries (CNCI), reaffirming i... Read More