Month: January 2018

Ravi asked to refrain from exercising duties as UNP deputy leader

The committee headed by Minister Tilak Marapana made a recommendation today (31), that former Minister of Finance Ravi Karunanayake should not exercise his duties as the Deputy leader of the UNP until further notice.

PRECIFAC findings have silenced many politicians – President

President Maithripala Sirisena says some politicians who made a big noise, demanding an early parliamentary debate on the Commission of Inquiry Report into Treasury Bond Issues in 2015 and 2016, have become silent, after the Commission of Inquiry into Serious Acts of Fraud Corruption and Abuse of Power (PRECIFAC), released its findings recently.

Special meeting of party leaders to discuss future actions on CB Bond Commission Report

President Maithripala Sirisena held a special meeting with the party leaders at the Presidential Secretariat today (29) to discuss future steps on the report of the Presidential Commission of Inquiry into the Bond Issuance of the Central Bank.

U.S. lifts ban on refugees from ‘high-risk’ nations

The Trump administration said Monday that it will resume accepting refugees from 11 nations whose applicants it designated “high-risk” and will implement tougher screening procedures to weed out potential extremists and criminals.

Sri Lanka is all talk and no action on repealing PTA – HRW

The Sri Lankan government has failed to fulfill its pledge to abolish the abusive Prevention of Terrorism Act (PTA), Human Rights Watch said in a report released today.

Sri Lankan rupee closes marginally weaker as banks, importers buy dollars

The Sri Lankan rupee ended slightly weaker on Monday in dull trade as banks and importers bought dollars, dealers said.

Fifty percent subsidy given to farmers on seed potatoes would be increased to 100 percent- President

President Maithripala Sirisena says steps will be taken to increase the fifty percent subsidy given to farmers on seed potatoes up to 100 percent.

President reminds people of ‘dark era’ under MR

President Maithripala Sirisena yesterday questioned the nation on whether they wished to go back to the dark era by voting in favour of the Sri Lanka Podujana Peramuna (SLPP) Pohottuwa of Prof.G.L. Peiris.

MR rejects President’s offer

Former President Mahinda Rajapaksa yesterday said that his successor President Maithripala Sirisena’s proposal for combining the SLPP and SLFP to form a government was only a trick.

In order to prosecute wrongdoers AG directs CID to probe Bond report

The Criminal Investigation Department has been instructed, by Attorney General Jayantha Jayasuriya, to conduct the necessary investigations into issues arising out of the Bond Commission Investigation report, to enable him to prosecute the wrongdoers.

Sri Lankan leader says $58 billion foreign debt under previous govt unaccounted for

Sri Lanka’s president said on Friday that more than $58 billion, or 90 percent, of foreign loans borrowed by the previous government was unaccounted for in Finance Ministry records.

“CMC has to be the best in the country” – President

The Colombo Municipal Council has to become one of the best in the country, says President Maithripala Sirisena.

Be long-sighted and clear-headed at LG poll: Mangala

Finance Minister Mangala Samaraweera yesterday said he believed that it is important to be long-sighted and clear-headed about the monumental choice facing all Sri Lankans at the upcoming Local Government (LG) election.

Sri Lankan man arrested without valid travel documents

A 32-year-old Sri Lankan national, who arrived in Ramewaram by a boat was arrested for travelling without valid travel documents, Tamil Nadu police said.

Sri Lanka tea exports to China witnesses boom

Sri Lanka’s tea exports to China surged 30 percent to 9.9 million kilograms in 2017 from the year before, making China the eighth biggest market for Ceylon tea, local media quoting the Sri Lanka Tea Board said on Thursday.

Ranil trying to follow Mahathir Mohamad

The present regime, in its present form was able to start up the economy which was at a standstill and will end up stabilizing it by showing budget surpluses by 2020, Prime Minister Ranil Wickremesinghe said recently.