Sri Lanka to build Science & Technology University in partnership with USA
A proposal to establish a University of Science and Technology, in collaboration with a university based in the United States of America, has been approved by the Cabinet of Ministers. The relevant received the green light at a Cabinet meeting held on Monday (08 Jan.). As per the proposal presented by the President, the said […]
Gautam Adani Reclaims Asia’s Richest Spot After Court Relief
After a roller-coaster ride on the wealth rankings last year, Gautam Adani is back to being Asia’s wealthiest person days after India’s top court said no new probes were needed into Hindenburg Research’s bombshell allegations against the tycoon’s conglomerate. Adani’s net worth rose $7.7 billion in a day to $97.6 billion, reclaiming the top spot in the region from Indian […]
Electricity tariffs to be reduced?
All necessary data relevant to the reduction of electricity tariffs have already been provided to the Public Utilities Commission of Sri Lanka (PUCSL), State Minister of Power & Energy Indika Anurudda said on Friday (Jan.05). He emphasized that preliminary measures are being taken to reduce the electricity tariffs before February. “The PUCSL will study the […]
Penalty up to Rs. 50,000 for failing to obtain TIN
The Inland Revenue Department (IRD) says any person who fails to obtain a Tax Identification Number (TIN) faces a penalty of Rs. 50,000. It is now mandatory for any individual aged 18 years or above or who attains the age of 18 years on or after January 01, 2024, to register with the IRD and […]
Fuel prices revised
The Ceylon Petroleum Corporation (Ceypetco) announced that fuel prices will be revised with effect from 5.00 a.m. today (January 01). Accordingly, Petrol Octane 92 will be increased by Rs. 20 to Rs. 366 per litre while Petrol Octane 95 is increased by Rs. 38 to Rs. 464 per litre. Auto Diesel has been increased by […]
Electricity tariffs to be reduced in January – Minister
Minister of Power and Energy Kanchana Wijesekera has emphasized that electricity tariffs will likely be reduced to earlier rates during the tariff revision scheduled for January 2024, as hydropower is currently being generated at maximum capacity. Joining a media briefing taking place at the Presidential Media Centre (PMC) this afternoon (19), Wijesekera stated that the […]
Fee charged for digital photographs for NICs revised
The Public Security Ministry has issued an Extraordinary Gazette revising the maximum fee for uploading images to the e-photo studio software system of the Department of Registration of Persons. As such, a registered photographer can charge a maximum fee of Rs. 400 to upload the ICAO standard compliance digital image of a person who applies to obtain […]
Sri Lanka records over 50,000 tourist arrivals in first 10 days of December
Over 50,000 tourist arrivals were recorded within the first 10 days of December, according to the Sri Lanka Tourism Development Authority (SLTDA). Accordingly, a total of 57,394 tourists arrived in Sri Lanka between 01 and 10 December, bringing the total count of tourist arrivals in the country for 2023 to 1,334,345. On 10 December, a […]
New educational reforms to be introduced in 2024
Minister of Education Susil Premajayantha, announced that the commencement of the pilot program for the implementation of the new educational reforms across all grades is scheduled for the upcoming year. Efforts will be made to digitize the entire education system, receiving support from both local and foreign sponsors. During a press conference at the Presidential […]
President Ranil sets off to Dubai
President Ranil Wickremesinghe has left the island to attend the COP28 World Leaders Summit to be held in Dubai, UAE, the President’s Media Division (PMD) said. The 2023 United Nations Climate Change Conference (UNFCCC COP28) will be held from November 30 until December 12 with the aim of tackling pressing climate change issues and addressing […]