Govt. earns Rs. 136 billion from vehicle imports in 4 months
The Government has generated Rs. 136 billion in revenue from motor vehicle imports between January and April 2025.This figure includes collections from Value Added Tax (VAT), Customs Duty, and Luxury Tax.
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Colombo Port transshipment decline continues for 4th month; April dips 5.8%
The Port of Colombo’s transshipment volumes recorded a 5.8 percent year-on-year (YoY) decline in April 2025,
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Former GM of Land Reclamation Corp arrested
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CNL Reporter
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June 5, 2025
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News
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Former GM
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The former General Manager of the Sri Lanka Land Reclamation & Development Corporation (SLLRDC), Mallika Kumari Senadheera, has been arrested by the Bribery Commission.
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Govt Defends $275K Jet Lease, Blasts $800K Monthly Losses from Past Deals
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CNL Reporter
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June 5, 2025
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Political
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Govt
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Minister of Transport, Highways, Ports, and Civil Aviation, Bimal Rathnayake, defended the government’s recent
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India’s Edible Oil Duty Cut Balances Inflation Control and U.S. Trade Talks; Domestic Agriculture Faces New Challenges
Mumbai, May 31 (CommoditiesControl.com):
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Govt to Repurpose Idle State Lands for SME Investment
The Governemnt is proceeding with a wide-ranging development initiative to provide underutilised State-owned
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KDU Converts to International Military Academy with no Local Medical Admissions
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CNL Reporter
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June 4, 2025
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News
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KDU
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Sri Lanka’s government plans to transform the General Sir John Kotelawala Defence University (KDU) into an
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SriLankan Airlines “rejects ” buying of 2 wide body aircrafts over fitness concerns
Sri Lankan Airlines has rejected the proposal of the previous government to purchase two more wide bodied aircrafts due to its current flying conditions
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Sri Lanka’s tax revenue surpassed Rs 1.7 trillion by end of May
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CNL Reporter
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June 4, 2025
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News
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Tax
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Sri Lanka’s tax revenue collection has surpassed Rs 1.7 trillion by end of May as the revenue collection agencies have
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Power and Energy Ministry contradicts itself over CEB Chairman
The Power and Energy Ministry has contradicted itself regarding the resignation of CEB Chairman Dr. Tilak Siyambalapitiya, weeks after strongly denying it.
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