Month: January 2018

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.

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.

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.

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.

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.

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

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 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.

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.

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 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.

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

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.

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’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.

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.