Category: Local News

30 Sri Lankan Tamils rescued from traffickers

CHENNAI: Tamil Nadu ‘Q’ branch sleuths on Thursday night rescued 30 Sri Lankan Tamils at Vandalur while being taken by a gang involved in human trafficking to Mamallapuram from where they were to be transported to an island near Australia. […]




Sri Lanka stocks rise, but SEC chief’s resignation hits volume

Aug 17 (Reuters) – Sri Lankan stocks edge up on Friday led by the island nation’s top lender, Commercial Bank of Ceylon, but concerns over the resignation of the head of the Securities and Exchange Commission trimmed trading volume. The Colombo Stock Exchange’s main index rose 0.38 percent, or 18.41 points, to 4,927.13. […]






Harry J says he was only a puppet at CPC

Former CPC Chairman Harry Jayawardena yesterday alleged that an attempt was being made to confuse the public as regards the circumstances under which blacklisted Vitol Asia(Pvt) Limited, Singapore had been reinstated as a supplier of petroleum products to the CPC. […]



Maithripala challenges Ranil to debate

SLFP General Secretary Minister Maithripala Sirisena yesterday issued an open challenge to Opposition Leader Ranil Wickremesinghe to a public debate about the allegation made by him that Wickremesinghe tried to undermine Gamini Dissanayake’s 1994 presidential election campaign by providing information about Dissanayake’s election strategies to UPFA candidate Chandrika Bandaranaike Kumaratunga. […]



Senior minister’s office sealed

An office located within the Kegalle divisional secretariat premises belonging to senior minister Atauda Seneviratne was sealed by the divisional secretary of Kegalle and the police, for the alleged use of the premises for political activities. […]




Sri Lanka stocks up as foreign investors buy Keells

Aug 15 (Reuters) – The Sri Lankan stock market rose on Wednesday for the second straight session on foreign strategic buying in market heavyweight John Keells Holdings amid a sharp decline in prices across-the-board this year. The Colombo Stock Exchange’s main index rose 0.64 percent, or 31.47 points, to end at 4,939.66, its highest since […]




July strikers’ protest compels road closure

A massive protest by July strikers had compelled the closure of roads opposite the Fort railway station causing a traffic jam for several hours. They were protesting the ill treatment they had received from successive governments and were marching towards the presidential secretariat when the police barricaded the area. […]



Sri Lanka securities regulator says to quit before Friday

(Reuters) – The head of Sri Lanka’s Securities and Exchange Commission said on Tuesday he will resign this week, saying investors who were being investigated for market manipulation had made false allegations against him. Tilak Karunaratne has been pushing for investigations into stock market malpractices, including so-called pump-and-dump deals in which investors are lured into […]




CEB to recruit temporary employees

Addressing a media briefing in Colombo on Monday morning, the Deputy Chairman of the CEB said that a decision has been taken to recruit 5000 employees to the CEB on a temporary basis. […]