Day: October 12, 2017

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.

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 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.

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.