Day: January 10, 2019

Fuel prices reduced

The retail prices of fuel have been revised with effect from midnight today based on the fuel pricing formula, the Finance Ministry said.

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Sri Lanka struggles to repay record foreign debt: PM

Sri Lanka’s prime minister said Thursday the country was struggling to pay back its ballooning foreign debt, blaming a recent political crisis for dealing a “death blow” to the economy.

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Central Bank gets USD 400 million swap from RBI

Sri Lanka’s Central Bank on Wednesday said that the Reserve Bank of India (RBI) has agreed to provide $400 million under a swap arrangement to boost the island nation’s reserves.

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Both major parties agree to have PC polls under PR system

Public Enterprise and Kandyan Heritage and Development Minister and Leader of the House Lakshman Kiriella told Parliament, yesterday, that both main parties had agreed to hold the elections under the proportional representation (PR) system.

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ITN NEEDS COMPLETE REVAMP – MINISTER

The Independent Television Network (ITN) is a ‘den of thieves’ and the best way to reform the institution is to operate it as a “public broadcasting service,” Finance and Mass Media Minister Mangala Samaraweera told Parliament yesterday.

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ICC announces amnesty to report corruption in Sri Lankan cricket

Sri Lankan cricketers have been granted a 15-day amnesty to report previously undisclosed information relating to corruption in the sport, the International Cricket Council (ICC) announced on Wednesday.

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