Category: Local News


Govt seeks Chinese loans

The Government has sought new loans from China to carry out various projects and proposes to set up a joint venture with that country to develop the Mattala International Airport, a minister said yesterday.






Basil, Divi Neguma DG released on bail

Former Minister Basil Rajapaksa and former Director General of the Divi Neguma Department R.R.K. Ranawaka have been granted bail by the Colombo High Court over the case filed against the alleged misappropriation of Divi Neguma funds.







PM proposes to increase VAT to 15%

Prime Minister Ranil Wickremesinghe has proposed in parliament today that the Value Added Tax (VAT) should be increased to 15 per cent considering the current global economic situation…