Write-ups

Sri Lanka 🇱🇰 is set to implement a new tariff mechanism for e-commerce (AliExpress, Temu) trade—question: how long will it take?

⭕ President has instructed the Finance Ministry to implement a tariff framework to speed up clearance and facilitate B2C e-commerce trade. ⭕ The Ministry is reportedly weighing an intermediate...

⭕ Sri Lanka Customs seized over 35 kg of gold—195 biscuits plus jewelry totaling 13 kg—hidden inside nine specially modified car-spare-part-like devices and luggage. ⭕ The haul is valued at Rs 1.10...

⭕ 🇱🇰 The deadline to submit asset and liability declarations expired on June 30. ⭕ Warning letters have been issued to executive and managerial officers, giving them 14 days to comply. ⭕ Heads...

1.74M families now receive Aswesuma, - about 1/3 of 🇱🇰 Sri Lanka. Govt plans to further expand it. But where is the urgency to cut it

from those who no longer need it? Nothing kills a society...

“Sri Lanka has achieved 70%+ of electricity generation from renewable energy sources in June 2025 for the first time since the 1990s” – CEB

⭕️ Sri Lanka 🇱🇰 has frequently surpassed the 70% mark in renewable energy generation during rainy months in recent years. For example, the renewable share in December 2023 was 82%! One has to...

⭕ The High Court postponed Keheliya Rambukwella’s arraignment to Sept. 16 due to incomplete printing of annexed indictment documents. ⭕ The Court was informed that one certified set costs Rs....

U.S. President Donald Trump announced that a 30% tariff will be imposed on goods exported from Sri Lanka due to the significant trade deficit between the two countries. ⭕ 🇺🇸 imports approximately...

⭕ Down from the proposed 44% ⭕ Bangladesh 🇧🇩 35%- SL's top competitor in the apparel market (apparel - SL’s largest export to US) ⭕ 🇱🇰 Now holds a 5% edge A silver lining in tough trade winds....

1. 🇱🇦 Laos – 40% 2. 🇲🇲 Myanmar – 40% 3. 🇰🇭 Cambodia – 36% 4. 🇹🇭 Thailand – 36% 5. 🇧🇩 Bangladesh – 35% 6. 🇷🇸 Serbia – 35% 7. 🇮🇩 Indonesia – 32% 8. 🇿🇦 South Africa – 30% 9. 🇧🇦 Bosnia...

A top Inland Revenue Department 🇱🇰 official was arrested for accepting a bribe to clear outstanding tax dues: ⭕ Outstanding tax arrears: Rs. 1.1 million – Dematagoda-based business ⭕ Bribe...

⭕ 18% VAT will apply on all digital services from overseas providers like Netflix, Spotify, PayPal, etc. ⭕ The new tax starts on Oct. 1, 2025, under VAT (Amendment) Act No. 4 of 2025. ⭕ Applies to...

⭕ Tourists who spend over LKR 50,000 (excluding VAT) in one day at a single authorized shop can claim a VAT refund at BIA. ⭕ Up to three invoices per day from the same retailer are allowed; a...

Still waiting for your TEMU or AliExpress package? Here's what's really happening behind the scenes — and why your cheap gadgets are stuck in customs limbo. ⭕ Until two weeks ago, e-commerce...

Still waiting for your TEMU or AliExpress package? Here's what's really happening behind the scenes — and why your cheap gadgets are stuck in customs limbo. ⭕ Until two weeks ago, e-commerce...

⭕ Then came a colossal collapse — from 100/1 to 105/8. Bangladesh were eventually all out for 167. Sri Lanka 🇱🇰 win the game by 77 runs. #SLvsBAN https://t.co/rIlSCB8yov

⭕ Bus fares in Sri Lanka 🇱🇰 are determined by a 12-component formula (fuel, wages, maintenance, insurance, etc.). that calculates operating cost changes. ⭕ Cost changes ≥ 4% → immediate fare...

The Ministry of Finance has launched a new fixed deposit scheme for citizens aged 60+, effective July 1, 2025. ⭕ 12-month fixed deposits up to Rs 1 million eligible ⭕ Extra 3% annual interest...

⭕ For Sri Lanka 🇱🇰, deaths have not yet outnumbered births—but they’re projected to do so in the late 2040s. https://t.co/GxUeYZ8qH7

⭕ Former SriLankan Airlines chairman Nishantha Wickramasinghe arrested on June 27, 2025 by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC). ⭕ He is brother of former...

⭕ Cross-border LCs are LCs opened in a third country such as 🇸🇬 or 🇦🇪, while the vehicle ships from a different export country like 🇯🇵 or 🇬🇧. ⭕ This structure allows importers to avoid...

Sri Lanka 🇱🇰 is investing in new super-luxury buses to meet rising demand, especially on expressways, and to phase out overaged vehicles. ⭕ 94% of SLTB’s luxury buses and 52% of regular fleet are...

⭕️ Under the Anti-Corruption Act No. 9 of 2023, all designated public officials and government servants are required to submit their Declaration of Assets and Liabilities on or before June 30th. ⭕️...