Category: Local News

Sri Lanka’s investment in disaster risk insurance gives fast payoff

On April 1, the Sri Lankan government paid 300 million rupees ($2 million) as a premium to buy its first national natural disaster cover from the country’s National Insurance Trust Fund.



PET scanner fund achieves target donation of Rs 200 million

The initiative launched by the National Cancer Institute (NCI) in Maharagama to seek public assistance for the purchase of a Positron Emission Tomography (PET) scanner, which received the support of Manusath Derana, has achieved its target of getting Rs.200 million as of today (13).



War crimes probe: President says technical assistance only if necessary, but no foreign judges

President Maithripala Sirisena made clear in an interview with the Sunday Times that any technical assistance to the proposed inquiry into alleged war crimes would be without any commitments or conditions attached.



Lanka needs special courts to try corrupts, says minister

Sri Lanka needs special courts to expedite trials of graft cases involving former strongman Mahinda Rajapaksa’s aides who were allegedly indulged in mass- scale corruption, a senior minister has said.



Vehicle market to get stable

The Vehicle Importers Association of Sri Lanka and Vehicle Importers Association of Lanka summoning a joint press conference on Saturday welcomed the pledge made by Finance Minister Ravi Karunanayake to waive the 10% vehicle re-export tax.



Qualified Tamils don’t get government jobs – Sampanthan

R.Sampanthan, chief of the Tamil National Alliance (TNA) and Leader of Opposition in the Sri Lankan parliament, complained in parliament, that qualified Tamils are not getting government jobs.



Sri Lankan President under pressure to sack top banker

The government should sack Sri Lanka’s Central Bank chief Arjuna Mahendran if his conduct has been found “undesirable”, the country’s Petroleum Minister today demanded amid allegations that the top banker’s son-in- law benefited unduly from a USD 76 million bond auction.



Sri Lanka Up By 18 Notches In Global Peace Index

Sri Lanka has become more peaceful and ranked higher in this year’s Global Peace Index as the country saw strong gains in both internal and external peace.



Government set to abolish strict foreign exchange regulations

Sri Lanka on Thursday announced plans to lift six-decade-old restrictions on foreign exchange flows and allow free transfer of money in and out of the island, to encourage investment in the struggling economy.



Three killed in hand grenade attack in Thalangama

Three persons were killed and a child was injured following a hand grenade explosion in Thalangama area in Koswatta, the police said.



Modi and Sirisena to jointly open renovated Jaffna stadium

Indian Prime Minister Narendra Modi and President President Maithripala Sirisena will jointly inaugurate the renovated Duraiappah Stadium in Jaffna through video conferencing on June 18, the New Indian Express reported.



Sri Lanka admits 65,000 missing from war, insurrection

Sri Lanka acknowledged on Wednesday for the first time that some 65,000 people were missing from its 26-year-long war with Tamil Tiger rebels and a separate Marxist insurrection.



President’s House in Colombo opened for public from today

President’s House in Colombo and the Gordon Park will be opened for the public and the school children from today (8th June) to 14th June according to a decision made by the President Maithripala Sirisena.



Salawa disaster struck during ‘special event’ – Defence Secretary

Sunday’s disaster at the Salawa Army Camp at Kosgama had occurred while a special event was going on within the camp premises, Defence Secretary Karunasena Hettiarachchi said yesterday.



Sri Lanka gov’t approves certificates of absence for missing

Sri Lanka’s government says that it has approved a process to issue certificates of absence to the families of tens of thousands of people who were reported missing, largely during major armed uprisings.



Sri Lanka appoints four foreign banks as lead managers for eurobond

Sri Lanka, which last month announced plans to raise $1.5 billion from the sale of a 10-year sovereign bond, has mandated four foreign banks as lead managers, Finance Minister Ravi Karunanayake said on Tuesday.