Category: Local News

Sri Lanka’s central bank Friday raised benchmark interest rates for the first time in nearly four years by 50 basis points ahead of a possible IMF bailout.

The Bribery Commission today withdrew all three ongoing cases against former Chief Justice Dr. Shirani Bandaranayake over non-declaration of assets in 2010, 2011 and 2012.

Sri Lanka and Germany have agreed to strengthen bilateral relations between the two countries and promote development activities in Sri Lanka through German assistance.

The Google Project Loon’s helium-filled balloon which entered Sri Lankan airspace has fallen in Pupuressa area in Gampola, the police confirmed.

Former President Mahinda Rajapaksa arrived at the Presidential Commission of Inquiry to probe large scale corruption a short while ago.

“We invite more German investors to take advantage of the increasing economic opportunities in Sri Lanka”, stated President Maithripala Sirisena

Police today released sketches of two persons who are suspected to be involved in the assassination of senior journalist Lasantha Wickrematunge in 2009.

President Maithripala Sirisena who arrived in Berlin yesterday morning (Feb. 16) visited the Holocaust Memorial and the Jewish museum in the evening.

Sri Lankan rupee forwards fell on Tuesday on importer dollar demand, while dealers said they expected the currency to depreciate further due to rising imports, selling of government securities by foreign investors and slowing dollar inflows.

Bodu Bala Sena (BBS) General Secretary Ven. Galagodaaththe Gnanasara Thera was further remanded by Homagama Magistrate Ranga Dassanayake till February 23 for allegedly threatening Pradeep Eknaligoda’s wife Sandhaya Eknaligoda.

Russia and Sri Lanka has held the first meeting of the Intergovernmental Commission on Trade-Economic and Scientific-Technical Cooperation, the ANI reported.

Sri Lankan President Maithripala Sirisena visits Germany on Monday, seeking political support in a fight to reinstate a trade concession for garment exports, the government said, after the European Union abolished the measure six years ago.

Our major concern was the lack of transparency with the way infrastructure projects were originally awarded to the Chinese, Deputy Minister Foreign Affairs Harsha Desilva said in an interview.

India, after signing a road transport agreement with Bangladesh, Bhutan and Nepal, is said to be considering an ambitious bridge or undersea tunnel linking the Indian mainland with Sri Lanka, the Live Mint news agency reported today.

The Attorney General has directed to arrest Ven. Uduwe Dhammaloka Thera and produced before the Court for illegally keeping a baby elephant at the Alan Mathiniyaramaya Temple, Polhengoda

President Maithripala Sirisena will be arriving in Germany this evening and will stay till February 18 on an official visit, the first time in 43 years a Sri Lankan Head of State will undertake a visit to the country.