Day: May 15, 2018

Cabinet approves 6.56% hike in bus fares

The Cabinet approval was granted today to increase bus fares by 6.56 per cent with effect from tomorrow.

Country recorded highest FDI, exports in 2017 – PM

Sri Lanka recorded its highest Foreign Direct Investment (FDI) of USD 1900 million in 2017, said Prime Minister Ranil Wickremesinghe yesterday.

World Bank withdraws US$ 200M waste projects due to corruption

The World Bank (WB) last month withdrew US$ 200 million in funds, which were earmarked for a garbage disposal project and Kelani River Flood Protection work, alleging corrupt practice in the awarding of contracts, reliable sources told this reporter recently.