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Magazine Prison officers have found remanded MP Rishard Bathiudeen using a mobile phone in his cell on September 1. The Chief Jailor and another jailor had witnessed the incident where the MP had thrown out the said mobile phone…
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Sri Lanka has been made aware that the UK Home Secretary has decided to maintain the proscription of the Liberation Tigers of Tamil Eelam (LTTE) as a terrorist organization under the UK Terrorism Act No. 7 of 2000. The Home…
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Sri Lanka Freedom Party (SLFP) General Secretary Dayasiri Jayasekera yesterday said that the SLFP will continue to uplift the country and the party by producing people-oriented, humanitarian, honest, pragmatic and dedicated leaders for…
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Sumathi Holdings, a large and extensively diversified business conglomerate in Sri Lanka began its monumental journey soon after Sri Lanka received Independence in 1948. Backed by a rich history and heritage, U. W. Sumathipala &…
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NDB bank recently launched the second Sri Lanka Vanithabhimana Programme for 2021. The second launch however also focuses on a new sector, the corporate and the professional females of the country. According to a report by the…
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The past tax amnesties in Sri Lanka have not translated to a higher income tax revenue or greater tax files, according to a study done by R.M. Jayasinghe (2010). The study analyses the impact of tax amnesty on income tax using…
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The Colombo bourse reached new record highs yesterday witnessing notable total turnover over Rs. 12 bn with price gains in selected value counters. The All Share Price Index inched upwards by 172.9 points (+1.9%) to close at 9,335.9…
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The Board of Investment (BOI) of Sri Lanka recently signed an agreement with Rakshaa (Pvt) Ltd, for the expansion of their existing operations, which will now include high-quality ladies fashion garments and sportswear. Rakshaa…
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