Ajith Nivad Cabraal

Treasury Bond issue: Former CB Governor Cabraal gave top appointments in banks to his relatives

It was revealed yesterday before the Treasury Bond Commission that former Governor of the Central Bank Ajith Nivard Cabraal, while holding office, had several of his close relatives appointed to top posts in banks coming under the purview of the Central Bank.

Sri Lanka Cricket (SLC)

Sri Lanka confirms visit to Lahore for T20 clash

The Sri Lanka Cricket (SLC) has officially confirmed its national team’s tour to Pakistan for the last T20 match of the on-going series, to be played at the Gaddafi Stadium, Lahore on Oct 29.

Namal Rajapaksa

Namal Rajapaksa and 7 others granted bail

UPFA Parliamentarians Namal Rajapaksa, DV Chanaka, Provincial Councilor Sampath Atukorala and five other arrested in connection with the protest in Hambantota have been granted bail.

John Senevirathna

Sad to see long-serving SLFP organizers removed – John

Labour and Trade Union Relations Minister John Seneviratne, who is a senior member of Sri Lanka Freedom Party (SLFP), said yesterday that it was sad that some party organizers who had served the party for a long time had been expelled even without giving them reasons for their dismissal.

Maithripala Sirisena in a trouble

President promises special programme to uplift Northern farmers

Farmers in the North had toiled with enthusiasm and dedication to make the country self sufficient in food in the past. A special programme will be launched to resolve the problem of Northern farmers and uplift them as an economically strong farmer entity once again, President Maithripala Sirisena said.

Ranil Wickremesinghe - Prime Minister of Sri Lanka

PM ready to give evidence before bond probe commission

Prime Minister Ranil Wickremesinghe is ready to give evidence before the presidential commission of Inquiry probing the Treasury bond scandal if the commission wants him to do so, according to a statement issued by the Prime Minister’s office yesterday.

Eran Wickremaratne with Michael Walker

New legislation to open Lanka to ICT experts

Sri Lanka would soon introduce legislation for the Immigration Controller to act as the sole authority to expedite bringing in foreign experts to be employed in the ICT sector in Sri Lanka, said State Minister for Finance, Eran Wickramaratne.

Sri Lanka President Maithripala Sirisena in Jaffna

President cautions the North: dont’ give the devil a chance

“If you stage protests against me and I am weakened, the devil will get an opportunity,” President Maithripala Sirisena told a gathering in Jaffna yesterday.

Nimal Siripala De Silva

India eyes airport in Sri Lanka, near Chinese Belt and Road outpost

India is in advanced talks with Sri Lanka to operate an airport on the southern tip of the island, where China has invested heavily as part of its Belt and Road initiative, a Sri Lankan minister said.

Eran Wickremaratne

Eran’s advise to private sector Don’t complain, give solutions

State Minister of Finance Eran Wickramaratne, addressing a forum in Colombo yesterday (12), said that what the Government wants from the private sector is not only complaints, but possible solutions to those problems.

Mangala Samaraweera, met Fatema Z. Sumar

Sri Lanka to receive USD 700 million from Millennium Challenge Corporation

Minister of Finance and Media, Mangala Samaraweera, met Fatema Z. Sumar, the Regional Deputy Vice President for Europe, Asia, Pacific and Latin America in the Millennium Challenge Corporation (MCC) on the sidelines of the WB/IMF Annual Meeting

SLFP logo

Welgama and Mahindananda removed from SLFP Organiser posts

UPFA MPs Kumara Welgama and Mahindananda Aluthgamage have been removed from their respective organiser posts by the Sri Lanka Freedom Party (SLFP).


Taiwanese officials arrive in Sri Lanka to assist in money transfer probe

A Taiwanese bank official and two investigators arrived last night (11), to assist in the Taiwan money transfer probe.

Train strike in Sri Lanka

Lightning strike leaves train commuters stranded

The sudden train strike last evening resulted in a tense situation at the Colombo Fort and Maradana Railway stations. All trains starting from Colombo Fort and Maradana, were cancelled due to trade union action staged by the engine drivers and railway guards yesterday.

Sri Lanka Rupee vs US Dollar

Sri Lankan rupee ends down on dollar demand from oil importers

The Sri Lankan rupee ended weaker on Wednesday as banks bought dollars on behalf of state-run Ceylon Petroleum Corp, which stocked up crude ahead of an expected fuel price hike, dealers said.

Kabir Hashim

Malik, Kabir insist no bonds discussed at Treasury meeting

Ministers Kabir Hashim and Malik Samarawickrama, testifying before the Presidential Commission of Inquiry probing the bond scams, yesterday said that to make payments to the contractors engaged in road development projects and to continue with the ongoing projects the government had needed funds to the tune of Rs.15 billion.