Tue, 21-Oct-2025

Gotabaya Rajapaksa rumored to return to Sri Lanka

Gotabaya Rajapaksa

Gotabaya Rajapaksa is reportedly planning to return home. He left the country in July amid widespread unrest. The precise day of his return remained unknown. Former president of Sri Lanka Gotabaya Rajapaksa is reportedly planning to travel back to his own country from Singapore. On Tuesday, Bandula Gunawardena, the spokesperson for the cabinet, told reporters … Read more

Sri Lanka will raise tax rates

sri lanka

The Sri Lanka government said on Tuesday that it has decided to change five taxation laws in order to raise tax rates in order to restore government revenue to 2019 levels. Value added taxes are likely to be included in the tax rate increase. Read more: Sri Lanka PM declares they are working to stabilize … Read more

Sri Lankan merchandise exports surpass revenue target for 2021

sri lankan exports

COLOMBO: Sri Lanka’s merchandise exports were recorded at $12.48 billion in 2021, surpassing the country’s export revenue target of $12.14 billion, local media citing provisional data from the Export Development Board (EDB) reported on Saturday. Minister of Trade Bandula Gunawardena was quoted by the Daily FT as saying that Sri Lanka’s merchandise export revenue grew … Read more