Category: Local News

Registration of the Sri Lanka Automobile Association has been suspended and appointed a temporary committee for its operations.

The Central Bank of Sri Lanka has cut the statutory reserve ratio for commercial banks by 200 basis points to 2%, effective Aug. 16, it said on Wednesday.

Sri Lanka President Ranil Wickremesinghe emphasized the necessity of implementing the 13th Amendment in a way that suits the nation’s growth and future.

Sri Lanka President Ranil Wickremesinghe has expressed his strong commitment to increase the women’s representation in politics through reformative changes.

The Cabinet of Ministers has approved a proposal to amend Employees’ Provident Fund (EPF) Act to ensure a minimum of 9 percent annual interest rate to members during the next four-year period (2023 to 2026) following Domestic Debt Optimisation.

Unit 2 of the Norochcholai Coal Power Plant, which generates 270 megawatts of electricity, experienced a breakdown early this morning (August 08), the Power and Energy Ministry said.

Nine individuals who forcibly entered the Central Bank of Sri Lanka (CBSL) were arrested by Police this morning (August 08).

A 45-year-old accountant attached to a chemical factory on Veedi Mawatha in Kandana was killed after a fire broke out in the premises this morning (August 08), police said.

Four personnel attached to the Excise Department were arrested by Sri Lanka Police over the shooting that took place near a filling station on Marine Drive, Bambalapitiya on Monday (August 07) at around 04:30 PM.

A married couple was shot dead inside their home at Toppas in​​ Nuwara Eliya last night (August 07), Police said.

More than 28,000 families in six districts of Sri Lanka are currently facing difficulties to access safe drinking water, the Disaster Management Centre said.

Indian cricket legend Sachin Tendulkar on Monday visited two schools in Sri Lanka and interacted with students in his role as UNICEF’s Goodwill Ambassador.

Monetary policy transmission to the real economy in Sri Lanka is still incomplete, the governor of the country’s central bank, Nandalal Weerasinghe, said at a LSEG FX Community Event on Monday.

The Food and Agriculture Organization of the United Nations has delivered 8,360 metric tonnes of urea fertiliser to the Ministry of Agriculture for distribution during the forthcoming Maha cropping season.

Sri Lanka’s official Reserve Assets have increased to USD 3,762 million in July 2023, compared to USD 3,724 million in June 2023, according to the Central Bank of Sri Lanka (CBSL).

Sri Lanka President Ranil Wickremesinghe has approved the provision of compensation to farmers who have suffered crop damage due to the prevailing dry weather conditions.