Sri Lankan rupee forwards ended weaker on Monday on dollar demand from importers, but the decline was limited due to moral suasion by the central bank, dealers said.
The Central Bank (CB) destroyed 110.5 million soiled currency notes bearing a face value of Rs.16.46 billion in an attempt to maintain its clean currency note policy.
State Finance Minister Lakshman Yapa Abeywardena yesterday told The Island that the government intended to raise Rs 100 bn through the increase in Value Added Tax (VAT).
In the wake of reports that the Sri Lankan government was planning to pull down St. Antony’s Church at Katchatheevu islet, Chief Minister Jayalalithaa wrote to Prime Minister Narendra Modi…
Unlike former President Mahinda Rajapaksa, the current President Maithripala Sirisena never threatened editors, says Health Minister Rajitha Senaratne.
Prime Minister Narendra Modi stressed on the need for a permanent solution to the fishermen issue during talks with visiting Sri Lankan president Maithripala Sirisena in New Delhi.
In a recent meeting with a former Indian diplomat, leaders of fishermen from Jaffna raised the issue of the easy availability of drugs in the region, and sought India’s help to tackle the problem.
Former Minister Basil Rajapaksa, who was arrested by the FCID this morning, has been released on bail after being produced at the Matara Magistrate’s Court.
Sri Lanka’s debt-ridden national airline will sell four new Airbus A350s, a government minister said on Monday, two weeks after cancelling an order for four of the aircraft.
Vice-President of the Indian National Congress party Rahul Gandhi has been accused of backing the 2009 war in Sri Lanka, according to The Hindu newspaper.
Users of Automatic Teller Machines (ATMs) have been warned by Police to be vigilant as a foreign gang is attempting to steal money from their credit and debit cards.
