Category: Local News

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.












Dialog trials 5G, a first in South Asia

Dialog Axiata demonstrated 5G (Generation) Technology for the first time in South Asia, paving the way for next generation wireless connectivity with speeds in excess of 35 Gbps (Gigabits Per Second) yesterday.