Category: Local News

At least 21 people were injured Saturday in violent clashes between Sri Lankan government supporters and villagers marching against what they say is a plan to take over private land for an industrial zone in which China will have a major stake.

Inauguration ceremony of the Sri Lanka – China Logistics and Industrial Zone (SLCLIZ) to be set up within the ‘Ruhunu Economic Development Area’ in Hambantota was held this morning under the patronage of Prime Minister Ranil Wickremsinghe.

President Maithripala Sirisena says he has received information that Sri Lanka will receive the GSP + trade concession next week, marking a significant turning point in the industry and export fields of the country.

The emission scandal in which German carmaker Volkswagen (VW) was embroiled since September 2015, put paid to its project to set up an assembling facility in Sri Lanka, which was to come up this month.

The Sri Lankan rupee ended lower on Friday on dollar demand from importers, but the central bank’s moral suasion continued to prevent further decline

The Ruhunu Development Zone will be opened on 7th January, said Minister of Development Strategies and International Trade Malik Samarawickreme.

Sri Lanka should bring in international prosecutors and judges to help investigate alleged atrocities in the civil war that ended in 2009, a task force said on Thursday in recommendations that were welcomed by the United Nations.

During the year 2015-2016 the income of the government has increased by Rs.160 million which is a 30 per cent increase said Finance Minister Ravi Karunanayake.

The Sri Lankan government is drafting minimum criteria for classification of tourist hotels and is preparing laws to decide on minimum space and facilities in a tourist hotel.

Facing a barrage of criticism over its decision to lease the Port and 15,000 acres for proposed industrial zone in Hambantota to a Chinese company, the Government yesterday defended the deal saying it would help to turn around white elephant projects in the former President Mahinda Rajapaksa’s hometown.

Sri Lanka’s central bank expects the economy to expand between 5.5 and 6.0 percent in 2017, higher than last year’s estimated pace of at least 4.5 percent but lower than earlier forecast due to potential global headwinds, the governor said on Tuesday.

The ground breaking ceremony of the vehicle assembly plant of the German auto maker Volkswagen was held in Kuliyapitiya yesterday under the patronage of President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe.

President Maithripala Sirisena says today everyone needs to work unitedly with the spirit of brotherhood as well as with discipline to build the country

The foundation stone will be laid for the motor car manufacturing company in Mahanugalanda estate, Labuyaya, Kuliyapitiya today (3).

Sri Lankan Prime Minister Ranil Wickremesinghe yesterday (02) challenged Mahinda Rajapaksa to topple the current government

IGP Pujith Jayasundera yesterday said he intended to implement the minimum fine of Rs. 25,000 for several traffic offences shortly as proposed in the 2017 budget.