Category: Local News

Sri Lanka has appointed seven lead managers for a sovereign bond worth up to $1.5 billion and could tap the capital market as soon as next month, a source close to the deal said on Thursday.

Respected former Deputy Governor of the Central Bank Dr. W. A. Wijaewardena yesterday said that the Treasury bond scam had caused a 10 billion-rupee loss to the government coffers alone.

Sri Lanka on Wednesday said it was confident of regaining key EU trade concessions known as the GSP plus despite concerns raised by a few members of the European Parliament.

Ceylon Electricity Board Chairman Eng. Anura Wijapala has tendered his resignation today, Power and Energy Ministry sources said.

Sri Lankan Prime Minister Ranil Wickremsinghe is expected to meet his counterpart Narendra Modi in the national capital on Wednesday

President Maithripala Sirisena is reported to have proposed a special subcommittee headed by Minister Sarath Fonseka to make recommendations on how best to deal with emergency situations triggered by incidents such as disruption of the power supply, port activities and fuel distribution.

President Maithripala Sirisena’s drive to appoint new electoral organizers, replacing those with Rajapaksa loyalties, yesterday led to the sacking of former Minister Janaka Bandara Tennakoon, MP Lohan Ratwatte and MP Anura Vidanagama.

A double- cab belonging the to Skills Development and Vocational Training Ministry was seized and its driver taken into custody after it had allegedly crashed into a motorcycle Monday evening at Anamaduwa

A Sri Lankan Navy sailor died while undergoing diving training at a Naval base in Kochi, India.

Leasing out the Trincomalee Oil Tank Farm to India will cause serious national security breaches in the future, the Janatha Vimukthi Peramuna (JVP) stressed yesterday.

The Japanese Experts Group presented their report on Meetotamulla Garbage Dump to President Maithripala Sirisena today (April 24) at the President’s Official Residence in Colombo.

The fourth round of official talks between India and Sri Lanka regarding the Economic and Technology Cooperation Agreement (ETCA) will take place today (24) in New Delhi, officials said yesterday.

Several Ceylon Petroleum Corporation (CPC) trade unions were planning to launch an island-wide strike from midnight yesterday against an alleged decision by the government to sign an agreement with India regarding the oil tanks in Trincomalee.

Sri Lanka has outlawed protests over Colombo´s garbage crisis following rallies over the city´s waste disposal after a landslide at a giant rubbish tip killed 32 people and destroyed 145 homes.

An aid worker from Greater Manchester who was killed in Sri Lanka was shot and stabbed more than 40 times with broken bottles, an inquest has heard.

Minister of Finance Ravi Karunanayake speaking at the U.S. Chamber of Commerce highlighted prospects for increasing bilateral trade and U.S. investment in Sri Lanka at a breakfast roundtable meeting hosted by the US Chamber of Commerce.