Category: Local News

The World Bank will continue to support Sri Lanka’s development reforms program, the representatives of the global financial institutions assured today (February 28).

The Court of Appeal today (February 28) issued a writ order quashing the charges against former Finance Minister Ravi Karunanayake in connection with two cases filed in Colombo High Court over Central Bank bond issuance.

Sri Lanka’s cabinet of ministers has granted approval to establish a National Contributory Pension Fund for new public service employees.

A 42-year-old man who was travelling on a motorcycle was shot dead in Kuligoda, Ambalangoda at around 09:15 AM this morning (February 28).

The body of a person who was shot dead inside a vehicle was found in Pinwatta, Panadura this morning (February 28).

Sri Lanka President Ranil Wickremesinghe signed an extraordinary gazette yesterday (February 27) declaring several services as essential services with immediate effect.

The Human Rights Commission of Sri Lanka (HRCSL) has informed the Inspector General of Police (IGP) to submit a full report within 24 hours regarding the incident where the Police fired tear gas and water cannon at a protest march organised by the National People’s Power (NPP).

National People’s Power (NPP) candidate Nimal Amarasiri, who was admitted to the Colombo National Hospital following the protest staged by the NPP in Colombo on Sunday (February 26) has died.

Leader of the Opposition, MP Sajith Premadasa has condemned the use of tear gas and water cannons by the Police against the protest held by the National People’s Power (NPP) yesterday (February 26).

The International Finance Corporation (IFC), the World Bank’s investment arm, said it will provide Sri Lanka with a $400 million cross-currency swap facility to help fund essential imports.

The Monetary Board of the Central Bank of Sri Lanka has decided to reduce mandatory sale of export proceeds/receipts and inward workers’ remittances of commercial banks with effect from February 27, 2023.

Sri Lanka’s tea production is expected to fully recover next year after last year’s drop, the country’s Environment Minister Naseer Ahamed said.

Police fired tear gas and used water cannons to disperse protesters at Ibbanwala Junction near Town Hall in Colombo during the demonstration organised by the National People’s Power (NPP).

The Fort Magistrate today (February 26) issued an order preventing protest or demonstration in several areas in the Colombo Fort causing inconvenience to the public and motorists from 1:00 PM till 8:00 PM today.

The International Monetary Fund (IMF) on Saturday called for ‘timely and orderly processes’ under common framework with regards to Sri Lanka’s debt resolution. The island nation faced severe economic crisis which resulted in high debt.

Sri Lanka President Ranil Wickremesinghe says a separate unit will be established to send military personnel overseas to assist in times of health crises.