Category: Local News

Finance Minister Ravi Karunanayake will present the third budget of the national unity government in Parliament tomorrow.

Tourist arrivals to Sri Lanka rose by 13.7 percent in October year-on-year with Indian and Chinese markets recording a commendable growth, statistics from the Tourism Department showed on Tuesday.

China today defended comments by its ambassador to Sri Lanka over criticism against high interest rates charged on Chinese loans to the country

Sri Lanka’s central bank is working with the IMF and the World Bank to introduce a new system for selling bonds to bring down sharply higher interest rates in long-term government securities, Deputy Governor Nandalal Weerasinghe told Reuters on Tuesday.

It has been decided to provide pension benefits to the differently abled War Heroes who volunteered to retire before completing their 12-year mandatory service period with retirement compensation

India and Sri Lanka need to expeditiously implement some of the large developmental projects that have been under discussion on the ground, India’s President Pranab Mukherjee has said.

The Court of Appeal suspends the remand order on former MP Tiran Alles issued by Colombo High Court and orders to release him, reporter said.

The Sri Lankan rupee traded firmer on Monday as dollar selling by exporters and banks outpaced demand for the greenback from importers, dealers said.

Colombo Fort Magistrate Lanka Jayaratne today refused to issue a stay order request by the Police prohibiting the protest march organized by the disabled soldiers opposite the Presidential Secretariat.

Health Minister Rajitha Senarathne has instructed Health Secretary Anura Jayawickreme to commence an investigation regarding the doctors of Apeksha Cancer hospital, Maharagama

Foreign Minister Mangala Samaraweera will summon China’s Ambassador Xi Xiangliang to lodge the Government’s ‘deep displeasure’ over his remarks at a news conference to a handpicked group of journalists this week.

A special city court has sentenced a 23-year-old Sri Lankan to 10 years RI under the Narcotic Drugs and Psychotropic Substances (NDPS) Act for trying to smuggle 2kg heroin from the Chennai international airport in 2010.

A group of Sri Lankan Tamils in Jaffna will break over 1,000 coconuts and light as many candles to bless Hillary Clinton, saying the Democratic presidential candidate’s win would be important for the future of the minority community.

Former President and Kurunegala District MP Mahinda Rajapaksa has said that the ruling UNP-SLFP coalition leaders including President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe should take the responsibility for Central Bank bond scams.

Northern Province Governor Reginald Cooray yesterday refuted claims that the Army was behind the AAVA Group in the North.

Former defence secretary Gotabaya Rajapaksa said yesterday that there was no reason for the Army or Military Intelligence to create a gang like ‘Aava’