Day: September 26, 2018

World Bank says climate change could cost Sri Lanka 7.0 percent of GDP

Sri Lanka’s vulnerability to risks arising from climate change could cost the island country 7.0 percent of GDP, a World Bank official, quoted by the government information department, said on Wednesday.

Price of Gas increased from midnight

The prices of Litro and Laugfs gas have been increased from midnight today.

No need of foreign interference; allow us to solve our problems – President

President Maithripala Sirisena on Tuesday called on the international community ‘to allow Sri Lankan people to solve their problems on their own,’ and said: “as an independent country we do not want any foreign power to exert influence on us.”

Who’s to blame for the fall of the Rupee?

The depreciation of the rupee is the subject on everyone’s mind these days. The Joint Opposition yesterday (25) commented on the statement made by Prime Minister Ranil Wickremesinghe on the depreciation of the rupee.

CID revelation in Court: Indian alleges plot to kill President, Rajapaksa family

An Indian national with alleged links to a plot to assassinate President Maithripala Sirisena and former Defence Secretary Gotabhaya Rajapaksa had said there had been a conspiracy to kill the entire Rajapaksa family and President Maithripala Sirisena, the CID informed Fort Magistrate Lanka Jayaratne, yesterday.

We will only give foreign aid to “those who respect us and frankly our friends” : Trump

President Trump said the US is “taking a hard look” at the foreign aid it sends to other countries and the financial support it provides to international organizations.

US$ 480 million grant from Millennium Corporation

The Millennium Challenges Corporation (MCC) of the US Government will provide US dollars 480 million in development aid to Sri Lanka.