Sri Lanka raises taxes ahead of foreign debt deal
COLOMBO, Sri Lanka — Sri Lanka slapped a new 18% value added tax (VAT) on fuel, mobile phones and computers from Monday to raise desperately needed revenue ahead of a foreign debt restructuring.
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COLOMBO, Sri Lanka — Sri Lanka slapped a new 18% value added tax (VAT) on fuel, mobile phones and computers from Monday to raise desperately needed revenue ahead of a foreign debt restructuring.
COLOMBO, Sri Lanka — Sri Lanka's economic collapse was partly blamed on struggling high-debt Chinese mega-projects, but candidates in Saturday's presidential election are banking on at least one of them to buck the trend.
MANILA, Philippines -- The Philippine junior baseball team was obliterated by Japan, 0-13, in the Asia 18-Under Baseball Championship at the Tianmu Baseball Stadium in Taipei.
BASE Bahay Foundation Inc. (BASE) marks its 10th year of building resilient bamboo infrastructure for the Philippines. It is committed to its vision of using local and sustainable materials to help address the growing housing gap and reduce the effect of climate change.
MANILA, Philippines — The management of the Manila Zoo will take care of Isla, its new lioness cub, which can no longer survive in the wild, according to the Manila City government.
MOHAMMAD Nur «Iman» Casib of Marawi City, an incoming Grade 12 student of Philippine Science High School (PSHS) Central Mindanao Campus, won not just gold at the 1st International Nuclear Science Olympiad (INSO) but was hailed as Nuclear Ambassador for obtaining the highest points overall among 55 contenders from 14 Asia-Pacific countries in the theoretical and experimental exams.
For the first time in 100 years, the Philippine national anthem was played twice in the Olympics when gymnast Carlos Yulo bagged two gold medals in Paris last weekend. But it wasn’t the first time that ‘Lupang Hinirang’ was heard to honor the country. When weightlifter Hidilyn Diaz captured a gold in Tokyo three years ago, Julian Felipe’s 1898 musical composition was also played.
MANILA, Philippines — The Philippine passport kept its spot at 73rd out of 199 passports globally in the latest Henley Passport Index, a ranking of all the world's passports based on visa-free travel to other countries.
MANILA, Philippines — Two popular beach spots in the Philippines entered the list of the “best islands in Asia Pacific” drawn up by a foreign travel website.