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The Colombo Magistrate s Court has rejected an appeal submitted by the Director of W.M. Mendis Distilleries Arjun Aloysius and two others, to be forwarded to the Colombo High Court, seeking to invalidate the prison sentence imposed on them by the court this morning (14) over VAT evasion. MORE..
14 Oct 2024 (5:02 PM)
The Colombo Magistrate s Court has sentenced the Director of W.M. Mendis Distilleries, Arjun Aloysius and two others to 06 months in prison for defaulting the payment of Rs. 3.5 billion in Value Added Tax (VAT) by the company. MORE..
14 Oct 2024 (1:55 PM)
Daron Acemoglu, Simon Johnson and James Robinson won the 2024 Nobel economics prize "for studies of how institutions are formed and affect prosperity", the Royal Swedish Academy of Sciences said on Monday. MORE..
14 Oct 2024 (5:13 PM)
The Chinese Embassy in Colombo says that China is closely following the recent arrests of Chinese nationals in Sri Lanka for suspected online fraud and is supporting Sri Lankan law enforcement agencies in cracking down on them, while ensuring their rights and interests are protected in accordance with the law. MORE..
14 Oct 2024 (8:24 PM)
The distribution of the fertilizer subsidy will commence today (14), says Minister Vijitha Herath. MORE..
14 Oct 2024 (2:40 PM)
