Category: Local News

Sri Lanka’s economic growth in 2018 is forecast at between 5-5.5 percent, bouncing back from an anticipated four-year low of less than 4 percent last year, central bank Governor Indrajit Coomaraswamy said on Wednesday.

President Maithripala Sirisena issuing a special statement yesterday on the Treasury Bond Commission report reiterated his commitment to fully recover the loss to the government from the Treasury bond issue and bring the offenders to book.

The former Acting Officer-in-Charge (OIC) of the Divulapitiya Police Station has been arrested by the Criminal Investigations Department (CID) in connection with the death of a suspect in custody on October 04, 2017.

R. Sampanthan, leader of the Opposition in Sri Lanka’s Parliament, is also the country’s seniormost politician, having been in politics for more than six decades. In the January 2015 presidential poll, the Tamil National Alliance (TNA) he leads backed the President Maithripala Sirisena–Prime Minister Ranil Wickremesinghe combine that ousted former President Mahinda Rajapaksa.

A consortium led by state-run China Harbour Engineering Company Ltd will invest $1 billion to build three 60-storey office towers on reclaimed land of the Port City development in Sri Lanka’s capital, a government minister said on Tuesday.

The ban imposed on polythene and household electric appliances that contain Hydrochloro-flurocarbon or HCFC by the Central Environment Authority (CEA) in the September 2017 Gazette Notification came into effect yesterday (1st Jan.).

President Maithripala Sirisena will make a special statement to the media on Wednesday in connection with the Presidential Commission of Inquiry (PCoI) report into the Bond Issuance of the Central Bank, the President’s Media Division said yesterday.

Former President Mahinda Rajapaksa yesterday said that the unmanageable rising cost of living and the bond scams would seriously affect the UNP’s campaign at the forthcoming local government elections.

Sri Lanka’s Disaster Management Centre (DMC) said on Monday that as many as 293,764 people remained affected by the drought in five northern districts of the island country.

A fire broke out at a section of the massive garbage pile at Meethotamulla this morning, the Police said.

Every passing moment adds to our knowledge and experience and at the same time, each and every moment of the future will judge our capabilities to face new emerging challenges.

2018 dawns on us as we recall the victory won in restoring political and social values, in realizing a dream long cherished by the people of this country.

The previously given deadline of today, December 31, for the public to exchange willfully defaced or altered currency has been extended by three months, Central Bank sources said.

The final report of the Presidential Commission of Inquiry (PCoI) into the Bond Issuance of the Central Bank of Sri Lanka has been handed over to President Maithripala Sirisena today.

India has introduced over 40 training courses for Sri Lankan government officials to give them an understanding of India’s approach towards governance, the Indian High Commission said.

The United States’ Generalized System of Preferences (GSP) program expires on December 31, 2017. The United States Congress did not re-authorize GSP before adjourning for the year.