Category: Local News

Indian MPs seek Govt intervention to get fishermen released

Members in India’s Rajya Sabha today sought government intervention in ensuring the release of a large number of Indian fishermen, arrested by the Sri Lankan navy in the recent past.



All educational institutions, including universities & vocational training centers should act as reconciliation centers – President

President Maithripala Sirisena has stated that all the educational institutions, including the universities and vocational training centers should act as reconciliation centers as well as the field of reconciliation should be included in the school curriculum as a subject.



Basil Rajapaksa arrested by FCID

Former Minister of Economic Development Basil Rajapaksa, was arrested once again by the Police Financial Crimes Investigations Division (FCID).



Namal Rajapaksa released on bail

UPFA MP Namal Rajapaksa, who was arrested on charges of misappropriating Rs.70 million , was today released on bail by Fort Magistrate Lanka Jayaratne.



Singapore launches talks for free trade deal with Sri Lanka

Singapore and Sri Lanka have started talks for a free trade pact, including measures to free up trade in goods and services as well as investments, the city-state’s trade minister said on Monday.



‘No Phobia’ on Taking Chinese Money, Sri Lanka’s Premier Says

Sri Lanka is agnostic about what countries it accepts foreign investment from, including China, Prime Minister Ranil Wickremesinghe said.



VIP prisoners at Welikada get home comforts

Prison authorities are getting more and more accustomed to hosting ‘VIP’ prisoners with the latest addition to the spate of members of the former regime to be in the lock up at the Welikada Prison being UPFA MP Namal Rajapaksa.



Police to seek Interpol assistance to nab Udayanga Weeratunga

Sri Lanka Police today sought a court order for getting Interpol’s assistance to arrest Sri Lanka’s former Ambassador to Russia, Udayanga Weeratunga, for graft charges.



Sri Lanka to increase tax on tobacco companies to 90%

Sri Lanka’s Minister of Health Dr Rajitha Senaratne yesterday said that the government plans to increase the tax imposed on tobacco companies all the way up to 90 per cent.



Ministry announces control prices of 16 items

The Ministry of Commerce and Industry announced the control prices of 16 essential items this morning, including red dhal, white sugar, potatoes, imported onions and full cream milk power.



Economy grown by 5.5% in the first quarter of 2016

Sri Lanka’s economy amidst domestic and international challenges has successfully achieved an economic growth of 5.5% in the first quarter of 2016 compared to 4.4% growth in the same period 2015.



UN urges Sri Lanka to stick to its commitments on accountability

The United Nations has yet again insisted Sri Lanka to stick to its commitments on accountability.



Ranil wants Sri Lanka to grow with ETCA and FTAs

Prime Minister Ranil Wickremesinghe yesterday drove home the point that Sri Lanka’s future lies in greater trade with the world and the Economic and Technological Cooperation Agreement (ETCA) with India and Free Trade Agreements (FTAs) with China and Singapore are being pursued with vigour.



US commends reconciliation measures of Sri Lanka

A U.S. envoy has commended the steps taken by Sri Lanka to foster reconciliation between the sides that fought a long civil war that ended seven years ago.



Report on bus fare revision today

A report with respect of the proposed bus fare hike based on the annual bus fare amendment will be submitted to the Cabinet today (12).



Sri Lanka court suspends government’s tax hikes – media

Sri Lanka’s Supreme Court on Monday temporarily suspended government tax hikes that came into effect on May 2 because they had not yet been approved by the parliament.