Colombo Port City Construction Delays Cause Heavy Losses for State
- CNL Reporter
- March 7, 2025
- Constructions
- NEWS OF THE DAY
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NEWS OF THE DAY
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29 including civilians injured as bombs misfire from South Korea fighter jet
- CNL Reporter
- March 7, 2025
- News
- 29 including civilians injured as bombs misfire from South Korea fighter jet
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The number of people injured after South Korean fighter jets accidentally dropped bombs on a civilian area on Thursday increased to 15 civilians and 14 soldiers,
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Finance Ministry warns of import permit suspension for unregistered vehicles
- CNL Reporter
- March 7, 2025
- Business News
- Finance Ministry warns of import permit suspension for unregistered vehicles
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The Ministry of Finance says that importers must register at least 25% of the total number of vehicles imported within six months.
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Eight SSPs transferred; new Director appointed to FCID
- CNL Reporter
- March 7, 2025
- Business News
- Eight SSPs transferred; new Director appointed to FCID
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Sri Lanka Police has transferred eight Senior Superintendents of Police (SSPs) and assigned them new appointments, based on recommendations from the National Police Commission, the Police Media Division stated.
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CEB makes operating loss in Dec 2024 quarter as revenues plunge
- CNL Reporter
- March 6, 2025
- News
- CEB
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Sri Lanka’s state-run Ceylon Electricity Board has made an operating loss of 3.0 billion rupees in the December 2024 quarter, and made a marginal net profit with the help of other income and gains, interim accounts showed.
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Customs clarifies hybrid vehicle fuel tax controversy
- CNL Reporter
- March 6, 2025
- Business News
- hybrid vehicle
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Sri Lanka Customs (SLC) has refuted false information circulating about the imposition of a fuel tax on hybrid vehicles during customs clearance.The SLC clarified that there are two types of hybrid vehicles.
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SEC and Central Bank warn public of rising investment schemes
- CNL Reporter
- March 6, 2025
- Banking and Financial
- Central Bank
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The Securities and Exchange Commission of Sri Lanka (SEC) has recently raised concerns about a growing trend of investment schemes promoting offshore market opportunities.
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Tax fears likely fueling Sri Lanka’s cash surge, hindering digital shift
- CNL Reporter
- March 6, 2025
- News
- Tax
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The fear of taxation may be contributing to the recent increase in cash circulation, highlighting Sri Lanka’s long journey towards a less cash-dependent society.
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Govt. explores digital collaboration with community-led RDMNS railway network for tourism, global expansion
- CNL Reporter
- March 6, 2025
- Political
- global expansion, Govt. explores digital collaboration with community-led RDMNS railway network for tourism
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The government has taken interest in the services provided by the RDMNS Railway Network Organization (Ratawata Dumriya Mageenge Sansadaya) – a voluntary platform led by Sri Lankan railway commuters to provide real time railway information – leading to an official meeting held on March 5, 2025, at the Information and Communication Technology Agency (ICTA) of Sri Lanka.
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Tiny island nation sells citizenship to save itself from rising seas
- CNL Reporter
- March 6, 2025
- News
- Tiny island nation sells citizenship to save itself from rising seas
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Citizenship of Nauru, an island nation spanning just 8 square miles in the southwest Pacific Ocean, can be yours for $105,000. The tiny, low-lying island has launched a “golden passport” initiative with the aim of raising money to fund climate action.
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