Day: September 18, 2018

LP gas price to go up, milk powder to go down

The Cabinet had today endorsed a gas price hike of Rs.190 for a 12.5 kg cylinder of gas.

Sri Lanka rupee hits record low of 166.00 per dollar – sources

The Sri Lankan rupee fell 0.5 percent and hit an all-time low of 166.00 per dollar on Tuesday, weighed down by higher dollar demand from importers amid reluctant greenback sales by exporters, market sources said.

Airports Authority of India to develop Palali airport

State-owned Airports Authority of India (AAI) will prepare a detailed project report for development of Palali airport in northern Sri Lanka.

Three elephants killed by train in Habarana

Three elephants including a young calf were killed after a herd was hit by the Batticaloa bound train while the elephants were walking across the tracks near the 127km post between the Habarana and Palugaswewa railway stations.

National Elections-UNP will take vital decisions soon: Akila

The United National Party (UNP) Working Committee will soon take vital decisions with regard to the national elections that are due in 2019 and 2020, Party General Secretary and Minister, Akila Viraj Kariyawasam said yesterday.

I wanted the Tamil Tiger to lose – Jude Ratnam

Regarded as the first Tamil filmmaker to openly criticize the LTTE, Jude Ratnam says he is not surprised by the backlash but insists his film ‘Demons in Paradise’ can help foster reconciliation between the Tamil and Sinhalese community in Sri Lanka.

Two policemen killed in fatal crash at Galgamuwa

Two police officers were killed following a collision involving a motorcycle and a cab at the Galgamuwa town last night.

Sri Lanka to build £11 billion metropolis to double size of its capital, Colombo

Sri Lanka’s $1.4 billion (£1.07 billion) Port City development has elicited parallels to numerous major urban centres. At 665 acres, the project is about the same size as central London, but its design resembles that of cities like Hong Kong, Singapore, and Dubai.

Sri Lankan rupee hits record low for fourth straight day

The Sri Lankan rupee touched a fresh low of 165.10 per dollar on Monday, due to higher dollar demand from importers and banks to facilitate foreign bond outflows amid exporters who were reluctant to sell the U.S. currency, market sources said.