Undeterred by the upcoming election, a confident Finance Minister Ravi Karunanayake has declared that the 2016 fiscal program will be presented under the more effective ‘Zero-Based Budgeting’, claiming that past practices had been imprudent.
Construction work on the first stage of the Colombo – Kandy Expressway from Kadawatha to Meerigama will be launched by Prime Minister Ranil Wickremesinghe today.
Fuel prices are likely to be reduced further within the next three months with world prices going down and Sri Lanka now being able to buy oil directly from Iran, following the lifting of sanctions by the United States, a top official said yesterday.
SriLankan Airlines has written to the Presidential Secretariat claiming nearly 114 million rupees accrued as expenses for Presidential voyages since 2011.
Elections Commissioner Mahinda Deshapriya said he would probe whether a request issued by the Prime Minister’s office requesting media coverage for the foundation stone laying ceremony for the Central Expressway was a violation of election laws.
One person has been confirmed dead while at least 11 supporters of UNP Colombo District candidate Ravi Karunanayake have been hospitalized with injuries following a shooting incident at Bloemendhal Road, Colombo.
Former President and UPFA Kurunegala District candidate Mahinda Rajapaksa is likely to be questioned in connection with alleged financial misappropriations involving Reconstruction and Development Agency (RADA), highly placed police sources told the “Daily News” yesterday.
One of India’s biggest Real Estate Development Groups Shreepati Edifice (Pvt) Ltd has signed an agreement with the Board of Investment of Sri Lanka to invest US$ 330 Million to construct a Mixed Development Hybrid project of 1996 Iconic Tower.
China will build a 100 million dollar specialized hospital to treat a mysterious kidney disease that is striking mainly rice farmers in Sri Lanka and also give another 250 million dollars in grant aid, Ambassador Yi Xianliang said.
The alleged mastermind of the attack on the Sri Lankan cricket team in 2009 in Lahore was killed in an attempted breakout from police late on Tuesday, along with his sons and 11 others, Pakistani media have reported.
Sri Lanka’s former strongman leader on Tuesday blamed unnamed conspirators for carrying out anti-Muslim attacks during his tenure as he tries to woo estranged minority communities in his comeback bid in next month’s parliamentary elections.
The President has ordered to cancel the SLFP memberships of Rajitha Senaratne, S.B. Navinna, M.K.D.S. Gunawardene, Arjuna Ranatunga and Hirunika Premachandra, the President Media Unit said in a statement today (28).
