Category: Local News

National Economic Council to meet soon to strengthen national economy – President

President Maithripala Sirisena says the National Economic Council which was appointed by him to make a comprehensive transformation in the agriculture and industrial sectors in the country, with the objective of strengthening of the national economy, will meet for the first time on the 12th of September.









Avant Garde Chairman, Major General Palitha Fernando notified to appear before High Court

The Colombo High Court issued summons on Avant-Garde Maritime Services (Pvt) Ltd Chairman Nissanka Senadhipathi and Maj. Gen. Palitha Fernando ordering them to appear in court on September 19 for allegedly offering and accepting a bribe of Rs.35.5 million following the Avant-Garde floating armoury transaction.



Lack of Revenue CBSL prints Rs 11.3 Billion

Due to the Government’s lack of revenue, the Central Bank of Sri Lanka (CBSL), on Friday (25), printed Rs 11,336 million to help the former meet its monetary commitments, interpretation of Central Bank’s open market operations (OMO) showed.