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COLOMBO (News 1st); The Sri Lankan Government is planning on a rebranding of Colombo Port City, which is a Chinese investment, as Colombo Financial City - Get the latest breaking news and top stories from Sri Lanka, the latest political news, sports news, weather updates, exam results, business news, entertainment news, world news and much more from News 1st, Sri Lanka's leading news network.

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The Goods and Services Tax (GST) Council is set to meet virtually on August 2 to discuss legal amendments needed for the 28% levy on online gaming, casinos and horse racing after the decision to impose the maximum 28% slab on the full face value was taken on July 11. Officials denied any rethink from the previously made decision and said the meeting had been called to firm up technical details and legal changes.

Latest news, analysis and opinions from the Daily FT, Sri Lankas only national business newspaper. ..

Consideration of Betting and Gaming Taxes (Amendment) Bill postponed until timeline for establishing regulatory authority is worked out The first meet...

 May 26 th set aside for the Vote of condolence of the late Hon. Joseph Michel Perera Address for the removal of the incumbent Chairman of the Publi...

Sri Lanka has extended its multiple-entry tourist visa up to five years to boost tourism, Tourism Minister Harin Fernando said yesterday. The Minister said that Sri Lanka now offers one-year multiple entry visas. The country also issues single entry visas, with a six-month stay period. The Minister said that the Cabinet of Ministers approved his […]