Category: Local News

Sri Lanka central bank holds rates, sees sharp drop in inflation

Sri Lanka’s central bank kept interest rates steady on Tuesday and expressed optimism that prices would decelerate sharply in the coming months, in its first policy decision since securing a $3 billion bailout from the International Monetary Fund.



Water Supply Trade Union strike continues from today, no office, customer services until further notice

The Water Supply Trade Union Alliance (WSTUA) has decided to continue their trade union action from today (April 5) as they have not received solutions to their demands.



Timely, credible structural reforms vital for Sri Lanka to reset its course: World Bank

Sri Lanka’s heightened fiscal, external, and financial sector imbalances and its fluid political situation pose significant uncertainty for the country’s economic outlook, says the World Bank in its twice-a-year update, underscoring the need to address the root causes of the country’s economic crisis and build a strong and resilient economy to prevent future crises.



Sri Lanka increases fuel quota for vehicles with effect from midnight today (April 04)

Sri Lanka Government has increased the existing fuel quota under the QR code system for the Sinhala and Tamil New Year festive season with effect from midnight today (April 04).



Forbes lists Sri Lanka as one of the 23 best places to travel in 2023

Forbes has listed Sri Lanka as one of the 23 best places to travel around the world in 2023.



Hollywood actor Christian Bale aboard SriLankan flight

Hollywood Actor Christian Bale was given a memorable Sri Lankan experience during a flight from Colombo to Male yesterday (April 03).



Sri Lankan Rupee appreciates against U.S. Dollar

The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (April 04), according to the Central Bank of Sri Lanka.



LP Gas prices in Sri Lanka reduced from today (April 04)

Litro Gas Lanka Ltd. has decided to reduce the prices of domestic LP gas cylinders with effect from midnight today (April 04).



Once the Parliament approves IMF agreement, the main points will be passed into law – Sri Lanka President

Sri Lankan President Ranil Wickremesinghe announced that the agreement with the International Monetary Fund (IMF) would be presented to Parliament for a vote on whether to support it and that following this vote, the key points of the agreement would be enacted into law.



Sri Lanka Police use water cannons to disperse student protestors in Colombo

Sri Lanka Police used water cannons to disperse a group of students from the Inter University Students’ Federation (IUSF) who were marching towards the University Grants Commission (UGC) a short while ago.



Litro Gas to reduce prices tomorrow (April 04)

Litro Gas Lanka Ltd. has decided to reduce gas prices by nearly Rs. 1000 from midnight tomorrow (April 04).



Sri Lanka mulls buying Russian oil & fertilizers

The Sri Lankan government is seeking Russian cooperation in multiple sectors, namely, tourism, air traffic, and locomotive construction, besides eyeing crude from Moscow.



Crystal Meth worth Rs. 67.5 Million recovered from Talaimannar seas

In a special search operation conducted in the Sand Dune Sea area of Talaimannar on Sunday (April 02), the Sri Lanka Navy recovered over 04 kg (wet weight) of Crystal Methamphetamine, also known as ICE, adrift in waters.



Rules for attire of female judges and lawyers amended in Sri Lanka

Sri Lanka has amended the rules on the attire of female judges and lawyers by issuing an Extraordinary Gazette under number 2325/44 on March 30, 2023.



India, Japan join hands with Sri Lanka to bolster regional connectivity in Indo-Pacific region

India and Japan have jointly agreed to cooperate with Sri Lanka to bolster regional connectivity in the strategic Indo-Pacific, a media report said on Friday, amid China’s aggressive military manoeuvring in the resource-rich region.



Sri Lanka President says he will not tolerate any breach of law and order in the country

Sri Lankan President Ranil Wickremesinghe stated that during his presidency, no one will be allowed to breach the law and order of the country.