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India urges UN to review sanctions on Afghanistan

Sri Lanka, June 11 -- India said the current UN sanctions regime must take into account the changed political reality of Afghanistan, and called for incentivising positive actions rather than only wie... Read More


CIABOC charges 51 in first four months

Sri Lanka, June 11 -- The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) says that 51 individuals have been indicted by courts during the first four months of this year. Notab... Read More


Colombo Port City achieves major development milestone with BSI approvals

Sri Lanka, June 11 -- Colombo Port City reached a significant milestone in its development as a leading regional business and investment destination after Cabinet approval granted in April 2026 to 77 ... Read More


UNDP urges Sri Lanka to operationalise carbon trading framework urgently

Sri Lanka, June 11 -- Sri Lanka must urgently operationalise and regularise its policy position on carbon trading, as private capital only flows into markets offering deep predictability and clear ins... Read More


Vehicle registrations hit five-month high in May

Sri Lanka, June 11 -- Sri Lanka's vehicle market recorded its strongest monthly performance since the reopening of imports, with total registrations surging 19.7% month-on-month to 60,444 units in May... Read More


Capital gains tax rates spike for organisations and individuals following new legislation

Sri Lanka, June 11 -- The headline Capital Gains Tax (CGT) rate on trusts, unit trusts, mutual funds, and non-governmental organisations increased from 10% to 30% following the parliamentary passage a... Read More


Sri Lanka Customs exceeds May revenue target by 16%

Sri Lanka, June 11 -- Sri Lanka Customs exceeded its revenue target for May by 16 per cent, while total collections for the first five months of the year rose roughly 44 per cent compared to the corre... Read More


New salary structure and promotion process introduced for principals

Sri Lanka, June 10 -- A new circular revising the salary structure and promotion process for officers of the Sri Lanka Principals' Service is issued by the Ministry of Education, Higher Education and ... Read More


Tamil comedy actor Yogi Babu arrives in Sri Lanka for film shoot

Sri Lanka, June 10 -- Popular Tamil comedy actor Yogi Babu arrived in Sri Lanka for the shooting of a new film. The actor, known for his roles in numerous Tamil blockbusters, was seen in the country ... Read More


Pilot demerit points system for motorists to launch in September

Sri Lanka, June 10 -- A pilot demerit points system for motorists will launch in September as part of efforts to improve road safety and reduce traffic-related fatalities. Transport, Highways and Urb... Read More