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Around 30 000 trade outlets such as grocery stores, textile shops and wayside hotels will be liable for VAT payments, and it will result in the rise cost of living as the burden will be transferred to consumers at the end, former Minister Patali Champika Ranawaka said .
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After 40 days, a group of Democrats decided to buck their party’s wishes on Sunday and vote in line with Republicans to move toward ending the government shutdown. The development came after Senate Majority Leader John Thune, R-S.D., convened a rare weekend meeting to break what days ago became the longest government shutdown in U.S. history.
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The government is to convene a meeting of all political parties and relevant civil society organizations to find ways and means to hold provincial elections which are locked in an impasse due to a legal snag since 2017.
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The United Nations Refugee Agency is working closely with the Colombo Mission to resume the voluntary repatriation of Sri Lankan refugees, Areti Sienni, UNHCR Chief of Mission in India, said in an exclusive interview with NDTV today after the arrest of four returnees on arrival in Sri Lanka. The repatriation process had earliert been suspended.
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The Health Ministry has reportedly expressed concern following the release of an audit report that calls for an urgent overhaul of Sri Lanka’s private healthcare system, citing the need for fair pricing, standardized regulation, and improved patient care.
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Police said yesterday that an increasing number of Sri Lankans are reported to be turning to online sexual content production as several adult websites and mobile applications operated overseas offer monetary incentives.
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Sri Lanka’s Net International Investment Position (NIIP) remains one of the deepest in Asia nearly USD 68 billion in the red, or about –70% of GDP. This figure reflects decades of accumulated foreign borrowing, weak export earnings, and limited FDI inflows. It is the real balance-sheet story behind our external vulnerability.
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After many decades, the government pulled off what was unthinkable for many by presenting a budget which ticks almost all boxes in its fiscal parameters while laying the foundation for a fully fledged digital economy powered by artificial intelligence and led by the private sector.
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The Chairman of the Medical and Civil Rights Doctors’ Trade Union Alliance, Specialist Dr. Chamal Sanjeewa, has strongly criticized the 2026 budget, claiming it allocates significant funds for animal welfare while neglecting the country’s medical professionals.
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The Ceylon Chamber of Commerce (CCC), Sri Lanka’s largest private sector representative, welcomed National Budget 2026, describing it as a blueprint of policy stability, fiscal consolidation and disciplined debt management that continues the trajectory needed for the country’s medium-term reform agenda.
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Budget 2026 has earned cautious praise from the apparel industry, which sees it as a step in the right direction towards rebuilding the export strength and investor confidence. However, this is provided the government follows through with consistent implementation.
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The Asian Development Bank (ADB) has approved a US $ 100 million loan to address the complex and challenging structural reforms in Sri Lanka’s financial sector, through better governance, continued policy reforms and enhanced financial inclusion.
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In a lightning move the newly elected administration of Sri Lanka Rugby (SLR) has gone against tradition and possible fair play and converted the Premier League, giving it a knockout blow that has agitated the country’s most soughtafter entity, Kandy Sports Club.
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Sri Lanka’s imports have grown in excess of its export earnings, widening the balance of payments deficit ,and therefore, President Anura Kumara Dissanayake’s claim of stability in foreign exchange flows holds no water, Frontline Socialist Party (FLSP) Education Secretary Pubudu Jayagoda said.
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The government’s failure to address salary discrepancies and welfare issues of doctors could accelerate the migration of young medical professionals, Specialist Dr. Chamal Sanjeewa, Chairman of the Medical and Civil Rights Doctors’ Trade Union Alliance warns.
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Sri Lankan professionals are making a notable impact on the regional healthcare industry through their contributions to the Dr. Sulaiman Al Habib Medical Services Group’s development centre in Colombo, a collaboration that is now paving the way for deeper investment and partnership opportunities.