Selling prices of all types of mobile phones will be increased by 35 per cent from today with the imposement of the new VAT, the Mobile Phone Marketing and Sales Association (MPMSA) said.

The Sri Lanka Export Development Board (EDB) revealed yesterday that the estimated value of services exports in the first 11 months of 2023 grew by 68.72% to $ 2,908.61 million compared to the previous year.

President Vladimir Putin has pledged to "intensify" attacks against Ukraine, following days of aerial bombardment by both sides in the long-running war.

Israel's Supreme Court has struck down a controversial judicial reform that triggered nationwide protests last year against the Netanyahu government.

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Department of Inland Revenue Commissioner A.M. Nafeer on Thursday revealed a sharp rise in tax files in 2023.

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The Ports and Airports Development Levy (PAL) currently imposed on fuel and gas is set to be removed upon implementation of the revised Value Added Tax (VAT).

The Colombo stock market yesterday ended 2023 on a positive note whilst notching up double digit gain for the year.

The Ministry of Finance announced that, in accordance with the 2023 Budget provisions approved by Parliament, the Treasury has disbursed the required funds for all invoices certified by government agencies until 15 December 2023.

The US Navy has destroyed Houthi "small boats" whose crew attempted to board a container ship in the Red Sea.

The Israeli military has said it expects the conflict in Gaza to continue throughout 2024.

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