Every major government tender must ensure that bidders demonstrate sufficient financial capacity to absorb potential penalties and meet the capital demands of the goods or services they provide.
⭕️...
⭕ EVs are 3x to 4x more efficient than ICE vehicles.
⭕ If you took a full tanker of fuel and burned it in Sri Lanka’s 🇱🇰 most expensive, least efficient thermal power plant to charge EVs, those EVs would still travel double the distance of petrol cars using that same tanker of fuel.
#SriLanka #Energy
⭕ From 18 Mar 2026, Sri Lanka 🇱🇰 declares Wednesdays a holiday for government institutions to reduce fuel use and transport pressure.
⭕ Affects Govt Offices, Schools, Universities, Courts.
⭕ Health, Ports, Water Supply, Customs remain operational.
#SriLanka 🇱🇰 #IranWar
⭕ After a ~10-year hiatus, the IRD has decided to reintroduce Taxpayer Privilege Cards.
⭕ If you have paid taxes in excess of 3 million in the 2024/25 financial year, you can apply for the card.
- Silver Card: For those who paid taxes above 3 million.
- Gold Card: above 5 million.
⭕ At present, the benefits are mainly limited to meetings with the IRD Commissioner and officers etc. Going forward, the government...
4.1 Billion USD (LKR 1271 Billion): Direct Damage Caused by Cyclone Ditwah 🇱🇰 - World Bank's Global Rapid Post-Disaster Damage Estimation (GRADE)
⭕ 2004 tsunami: Estimated $1 billion in direct physical damages (World Bank / ADB)
⭕ These figures make Cyclone Ditwah (2025) the largest quantified natural disaster in 🇱🇰 Sri Lanka’s recorded history.
#SriLanka #CycloneDitwah
Taxpayers in Sri Lanka must file income tax returns by end of this month, don’t miss the final deadline.
⭕ Original deadline: November 30, 2025
⭕ New extended deadline: December 31, 2025
⭕ Extension granted by the Inland Revenue Department (IRD) due to the nationwide impact of Cyclone Ditwah.
#SriLanka 🇱🇰 #TaxReturns #IRD #CycloneDitwah
⭕ AFP data shows petrol prices tracked across 150+ countries rose after the Middle East war period from Feb. 23 to Mar. 23, 2026.
⭕ 🇱🇰 Sri Lanka recorded about a 34% increase in petrol prices...
⭕ Sri Lanka 🇱🇰 Cabinet approves a proposal to remove all charges on QR payments below Rs.5,000
⭕ Q3 2025: 274,000 transactions worth Rs.1.18Bn → ~90,000/month (~Rs.390Mn), highlighting low usage...
We introduced QR based fuel rationing again "as a precaution after authorities observed fuel stockpiling, panic buying, and long queues at filling stations." - The SL 🇱🇰 Government
How much did...
⭕ 🇱🇰 The Ministry of Energy reintroduced the National Fuel Pass QR system from 6 a.m. on March 15, 2026. No filling station can issue fuel without a valid QR code from that time.
⭕ Officials said...
⭕ The Ceylon Electricity Board was established under the CEB Act No. 17 of 1969 and operated Sri Lanka’s state electricity utility for about 56 years.
⭕ The Electricity Board ended operations at...
⭕️ U.S. Defense Secretary Pete Hegseth said a U.S. submarine fired a torpedo and sank an Iran 🇮🇷 warship in international waters during a Tuesday night strike.
⭕️ Hegseth said this is first sich...
⭕ He was killed by thd joint U.S.–Israeli airstrike on Yesterday (28th).
⭕ Khamenei first came to power in 1989 and ruled Iran for 37 years.
⭕ Khamenei’s response to Western attacks during his...
⭕️Sri Lanka improved its CPI score by 3 points in 2025 compared with 2024, marking the first increase in the score since 2017.
⭕️Sri Lanka 🇱🇰 moved up 14 places, from 121st in 2024 to 107th place...
⭕️ The Constitutional Council has unanimously approved Senior Deputy Auditor General L.S.P. Jayarathna as the new Auditor General, ending an approximately 10 month Deadlock, 4 nominees were rejected...
⭕ Rolls-Royce Phantom was declared as a Phantom Auto but was found to be a Phantom Auto EWB, Customs sources. - Ecconomy Next
⭕ Officials said the declared value was £417,000 in the UK 🇬🇧,...
A bill to abolish pensions under the Parliamentary Pensions Act was tabled in Parliament this week. If passed, both current and former MPs who are eligible will stop receiving these pensions....
⭕ Sri Lanka Dept of Meteorology warns of a depression over the Southeast Bay of Bengal as of 10.00 pm on Jan 07, valid until 10.00 pm Jan 08.
⭕ System located about 570 km southeast of Hambantota....
⭕ The Auditor General post has been vacant since April 2025 after the previous official retired.
⭕ The President has nominated 4 individuals, all of whom were rejected by the 🇱🇰 Constitutional...
⭕ Sri Lanka 🇱🇰 is set to record the highest tax revenue in its history, surpassing official expectations by mid-December.
⭕ Vehicle imports were a key driver (870B), but Customs also grew...