Newspaper
The Island
Property tax: a new tax Sri Lanka is going to be introduced in 2027
Expanded budget deficits and continuous borrowing by successive governments pushed the Sri Lankan economy into a recession. These heavy borrowings placed a significant burden on the shoulders of today’s citizens. The previous government was compelled to seek assistance from the IMF to revive the economy, which led to increased tax rates, a broader tax base, and the introduction of new taxes. The present NPP government has introduced some tax revisions.
10 min |
September 19, 2025
The Island
Maliban powers Sri Lanka under 19 women's team and Sri Lanka vs Australia women's under 19 series
Maliban, one of Sri Lanka's most respected and enduring brands has been welcomed by Sri Lanka Cricket (SLC) as the Sri Lanka Under 19 Women's Team sponsor for the forthcoming Australia Women's Under 19 tour of Sri Lanka. and the title sponsor for the tour.
1 min |
September 19, 2025
The Island
India's partnership with European Union set for upgrade
The European Union (EU), comprising 27 countries, has set out a plan to upgrade its strategic ties with India. But it also warned that India's military exercises with Russia and its purchase of Russian oil are risks to the growing strategic ties between Brussels and New Delhi.
3 min |
September 19, 2025
The Island
Cabinet clears $100m ADB loan for tourism drive
Cabinet has approved the signing of a loan agreement with the Asian Development Bank (ADB) to implement a sustainable tourism development programme.
1 min |
September 19, 2025
The Island
How to pick right coffee machine
Plenty of us say everything is better with coffee
2 min |
September 19, 2025
The Island
Several high-profile arrests on the cards after interrogation of Manamperi
Several high-profile arrests were expected following the interrogation of Sampath Manamperi, accused of concealing two containers of raw materials allegedly used in producing crystal methamphetamine and linked to underworld figure Kehelbaddara Padme, senior police sources said yesterday.
1 min |
September 19, 2025
The Island
Halloluwa granted bail
The Colombo Magistrate's Court yesterday granted bail to former Director of the National Lotteries Board, Thusitha Halloluwa, who was in remand custody.
1 min |
September 19, 2025
The Island
Govt. and CEB unions heading for showdown
The Electricity Board (CEB) trade unions yesterday said they would not yield to threats from President Anura Kumara Dissanayake or government ministers.
1 min |
September 19, 2025
The Island
Dialog Finance’s Lesi Pay Launches Sri Lanka’s First End-to-End Smartphone Financing - with Doorstep Delivery, Phone Upgrade & Protection
Dialog Finance PLC, Sri Lanka’s emerging Fintech leader has announced the launch of three landmark service features under its Lesi Pay device financing model - introduced for the first time in Sri Lanka.
1 min |
September 19, 2025
The Island
AIA Insurance Platinum Sponsor of WCIC Prathibhabhishek Awards for third consecutive year
AIA Insurance is proud to announce its continued partnership with the Women’s Chamber of Industry and Commerce (WCIC) as the Platinum Sponsor of the WCIC Prathibhabhishek Awards 2025, marking the third consecutive year of this meaningful collaboration.
1 min |
September 19, 2025
The Island
Fed, under pressure to cut rates, tries to balance labour market and inflation – while avoiding dreaded stagflation
The Federal Reserve is in a nearly impossible spot right now.
3 min |
September 19, 2025
The Island
Wellalage set for recall
Left-arm spinner Dunith Wellalage looked poised for a recall to the Sri Lankan XI for Thursday’s crunch clash against Afghanistan.
1 min |
September 19, 2025
The Island
Oxford city walkabout to empower rural communities in Sri Lanka
They fervently hope that renewable energy enthusiasts, those who seek to mitigate the damaging effects of climate change and those who believe in the importance of sustainable development will support in the fundraising in this impactful initiative to bring renewable energy to Sri Lanka's underserved communities in remote parts of the island.
3 min |
September 19, 2025
The Island
Bourse’s bullish momentum sustained by conducive macroeconomic factors
CSE activities were extremely bullish yesterday due to conducive macroeconomic conditions coupled with favourable GDP growth predicted in the second quarter of the year, according to market sources.
2 min |
September 19, 2025
The Island
Govt. launches unified push to attract investment, expand exports
Foreign Affairs Minister Vijitha Herath, Industry Minister Sunil Handunneththi, and Trade Minister Wasantha Samarasinghe at the joint briefing session for diplomatic missions to boost investments and exports
2 min |
September 19, 2025
The Island
Tharanga creates history at World Championships
Thrower Rumesh Tharanga established himself as Sri Lanka's brightest medal prospect at future global track and field events as he beat Olympic gold medallists on his way to securing the seventh place in the men's javelin throw at the World Championship in Tokyo on Thursday.
1 min |
September 19, 2025
The Island
Two naval ratings arrested for stealing valuables during a search of a house
Two naval ratings attached to the Navy Intelligence Unit were taken into custody by the Peradeniya Police over allegations of stealing gold jewellery and valuables worth Rs. 469,000 from a house at Eriyagama in Peradeniya.
1 min |
September 19, 2025
The Island
Supreme Court launches e-Courts project
In a historic step towards building a modern, transparent, and citizen-focused judiciary, the Supreme Court of Sri Lanka, in collaboration with the Judicial Service Commission and the Ministry of Justice, officially launched the “e-Courts” Project, featuring a state-of-the-art Web Portal and an integrated e-Case Management System for all Court Houses.
1 min |
September 19, 2025
The Island
Maldives Prez makes controversial law targeting journalists and media outlets
Maldives President Mohamed Muizzu on Thursday ratified a controversial new media law that allows for hefty fines and the temporary or permanent closure of media outlets deemed to violate its provisions, ABC News said.
1 min |
September 19, 2025
The Island
'Backhoe' Saman's wife further remanded
The wife of underworld figure 'Backhoe Saman', Shadhika Lakshani, who is currently in remand custody under the Prevention of Money Laundering Act, was further remanded until 25 Sept., by the Colombo Magistrate's Court yesterday.
1 min |
September 19, 2025
The Island
HC postpones corruption case against Weerawansa
The Colombo High Court has allowed the postponement in the corruption case filed against former Minister Wimal Weerawansa, who faces allegations of illicitly acquiring assets and funds exceeding Rs. 75 million during his five-year tenure as a government minister.
1 min |
September 19, 2025
The Island
Acid attack inside Kalawana police station injures two people
A woman was arrested yesterday (18) after allegedly carrying out an acid attack inside the Kalawana Police station during an inquiry, injuring two people.
1 min |
September 19, 2025
The Island
ITC Hotels appoints Keenan McKenzie Area Manager - Sri Lanka and General Manager of Colombo's ITC Ratnadipa
Indian hospitality leader ITC Hotels announced the appointment of Keenan McKenzie as Area Manager — Sri Lanka and General Manager of ITC Ratnadipa, Colombo. In this expanded capacity, Keenan will oversee the entire operations of ITC Ratnadipa, a Luxury Collection Hotel, while also supporting the leadership of WelcomHotels Lanka (Pvt.) Ltd., a fully owned subsidiary of ITC Hotels in Sri Lanka, in driving growth.
1 min |
September 19, 2025
The Island
Terra Motors, Japan’s leading EV innovator, enters Sri Lanka with electric three-wheeler; invites local distributors
Terra Motors, a leading Japanese electric mobility company, has announced its entry into the Sri Lankan market with the launch of its flagship electric three-wheeler, Kyoro.
1 min |
September 19, 2025
The Island
Mandhana ton hands India first win at home against Australia since 2007
Eighteen years and 206 days. It was a long wait. Entire careers started and ended in the time between India's previous ODI victory at home against Australia in 2007 and the 102 run triumph in New Chandigarh on Wednesday.
3 min |
September 19, 2025
The Island
ICJ calls for repeal or substantial revision of Online Safety Act
The International Commission of Jurists (ICJ) has submitted its observations on the widely criticised Online Safety Act, No. 09 of 2024, in response to the Sri Lankan government's call for public input on amendments.
1 min |
September 19, 2025
The Island
Fire devours more than 1,000 acres of forest with many medicinal plants
A fire that raged for several days destroyed more than 1,000 acres of forest in the Nonpareil Estate area, located near the popular tourist zones of Balangoda and Belihuloya. The blaze.
1 min |
September 19, 2025
The Island
Nader takes shock 1500m win in Tokyo
Portugal’s Isaac Nader upstaged the bigger names of the men’s 1500m for a surprise gold at the World Athletics Championships Tokyo 25 after Josh Kerr hobbled over the line and Niels Laros failed to deliver his trademark kick in the home straight.
2 min |
September 19, 2025
The Island
CEAT Kelani honours top dealers with ‘Autobahn 2.0’ convention & awards gala
A dazzling celebration of partnership, performance and excellence unfolded at the Shangri-La, Colombo, when CEAT Kelani Holdings, Sri Lanka's largest manufacturer of pneumatic tyres, hosted its annual dealer convention and awards gala with customary panache.
1 min |
September 19, 2025
The Island
Meditation on the Passing of an Era
Estate bungalow
4 min |