TAX RELEIF DEMANDED BY BUS OWNERS AS A SHORTAGE OF 5,000 BUSES PREVAIL SINCE 2018

5,000-Bus shortage since 2018 : Bus owners demand tax relief Sri Lanka has faced a shortage of 5,000 buses since 2018, with the government yet to prioritize addressing the challenges faced by private bus operators, Lanka Private Bus Owners’ Association…

THREE DEAD THIRTY INJURED AS PRIVATE BUS TOPPLES

Private bus topples : 3 dead & 30 injured A tragic accident occurred in the Mallawaappu area on the Hatton-Kandy road when a private bus toppled, resulting in three fatalities and leaving 30 others injured. Emergency services rushed to the…

BUS ACCIDENT IN KADUGANNAWA SEND NINE TO HOSPITAL

NINE hospitalized after Bus Accident in Kadugannawa Nine individuals have been hospitalized following a bus accident in Kadugannawa. The bus veered off the road and collided with a tree, causing significant damage. Emergency services responded swiftly, transporting the injured to…

CUSTOMS COLLECT RS 4.3 Bn IN TAXES FOR 67,000 MT RICE IMPORTED

67,000 MT rice imported, Customs collect Rs. 4.3 bn in taxes The deadline for rice imports permitted by the government expired at midnight on Friday (Dec 20) with private importers bringing in 67,000 metric tones during the period. Sri Lanka…

ONLY ONE POLITICIAN WAS GRANTED OVER ONE MILLION FROM PRESIDENT’S FUND DURING TENURE-RANIL

President’s Fund: RW says only one politician received over Rs. 1 mn in aid Former President Ranil Wickremesinghe has clarified in a statement that during his tenure from 2022 to September 2024 all private requests for medical assistance from public…

ON FALSE INFORMATION IN PARLIAMENT WEBSITE CID RECORD STATEMENTS FROM OFFICIALS

CID records statements from officials over false information on Parliament website A team from the Criminal Investigation Department (CID) has visited Parliament yesterday (20) and recorded statements from three officials, including the Assistant Secretary General of Parliament, regarding the incorrect…

NAVY ‘PEACE ARK” HOSPITAL SHIP OF CHINA ARRIVES IN SRI LANKA

China’s ‘Peace Ark’ hospital ship arrives in Colombo The Chinese Navy’s hospital ship Peace Ark arrived at the Port of Colombo today (Dec. 21). The ship, which is equipped with state-of-the-art intensive care units and a wide range of medical…

FOR SICK SME’S CBSL TO ASSIST

Relief measures to assist affected Small and Medium Enterprises : CBSL notices The Central Bank of Sri Lanka issued a Circular to Licensed Banks on 19.12.2024, highlighting relief measures to be provided to the Small and Medium Enterprises (SMEs) affected…

NO INJURIES THOUGH GUN SHOTS WERE FIRED AT KALUTARA TOURIST HOTEL

Gunshots Fired at Kalutara Tourist Hotel – No Injuries Reported Police have confirmed that a gunshot incident occurred at a tourist hotel in Kalutara South following a conflict between the hotel’s security personnel and a group of outsiders. According to…

“CCC+” FITCH UPGRADE TO SRI LANKA

Fitch Upgrades Sri Lanka to ‘CCC+’ Fitch Ratings has upgraded Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’, from ‘RD’ (Restricted Default). Fitch typically does not assign an Outlook to sovereigns with a rating of ‘CCC+’ or below.…