Category: Local News

Bureau of Rehabilitation Bill inconsistent with Constitution – Speaker informs Parliament

Sri Lanka’s Supreme Court has determined that the ‘Bureau of Rehabilitation’ bill as a whole is inconsistent with Article 12(1) of the Constitution and as such may be enacted only by the special majority required by Article 84(2) of the Constitution.



U.S. Assistant Secretary assures to assist Sri Lanka

Assistant Secretary of State for South and Central Asian Affairs Donald Lu who is currently on an official visit to Sri Lanka met with President Ranil Wickremesinghe and assured to support Sri Lanka during this difficult period.



Sri Lankan President explains Government’s tax policy while revealing the cause of inflation

Delivering a special statement on tax policy today (October 19), Sri Lankan President Ranil Wickremesinghe explained the cause of recent tax implementation and elaborated on the progress made with regard to debt restructuring.



Debt restructuring is required for sustainability – World Bank

The World Bank, in its Sri Lanka Development Update (SLDU), emphasises that the first step the country should take is to determine the current needs of the population in a transparent and unbiased manner.



Sri Lanka secures a long-term Credit Line from Russia to procure fuel

The Embassy of Sri Lanka in Moscow has secured a long-term Credit Line from the Government of the Russian Federation in order to procure fuel to Sri Lanka, the embassy said.



One person killed, two including child injured in shooting in Galle

One person killed and two persons including a 03-year-old child injured in a shooting incident that took place in the Yakkalamulla, Galle today (October 19).



Mixed impact on rated Sri Lankan corporates from macroeconomic challenges – Fitch

Rated Sri Lankan corporates in consumer-goods retail, power generation and homebuilding will be among the most affected if the economic crisis deepens or is sustained for a prolonged period, says Fitch Ratings.



Young woman shot dead in Nedunkerni

A 21-year-old woman was shot dead in the area of Shivanagar in Nedunkerni, Vavuniya last night (October 18).



Sri Lanka approves law to liberalize petroleum imports

Sri Lanka approved legislation on Tuesday to let companies from oil-producing nations import and sell fuel as it attempts to cope with a steep oil bill that deepened its worst financial crisis in decades.



Pallegama Siriniwasa Nayaka Thero passes away

Most Venerable Dr. Pallegama Siriniwasa Nayaka Thero, Custodian and Chief Priest of Maha Bodhi, and Atamasthanadhipathi, has passed away at the age of 69.



Petroleum Products Special Provisions Amendment Bill passed in Parliament

The second reading of the the Petroleum Products Special Provisions Amendment Bill was passed with a majority of 60 votes in Parliament a short while ago.



Ceylon Electricity Board still making losses even after tariff hike – Power & Energy Minister

Sri Lanka’s Power and Energy Minister Kanchana Wijesekera told Parliament today (October 18) that even after the electricity tariff increase, the Ceylon Electricity Board (CEB) is to incur a loss of Rs. 152 Billion.



Sri Lanka Navy vessel reported missing re-establishes communication after 30 days

The vessel belonging to the Sri Lanka Navy, which went missing off the southern coast of the island after losing contact for nearly 30 days, has managed to re-establish communication, Naval Spokesperson says.



Sri Lanka to increase fuel quota for Three-wheelers

Additional fuel quota will be provided to three-wheelers over the next couple of weeks, Minister of Power & Energy Kanchana Wijesekera said.



Japan to organize Sri Lanka creditors’ meeting by year-end – report

Japan is working to organise a meeting of Sri Lanka’s creditors by the end of this year in hopes of solving that country’s debt crisis, the Japan News (By Yomiuri Shimbun) has learned.



Sri Lankan author Shehan Karunatilaka wins 2022 Booker Prize

Sri Lankan writer Shehan Karunatilaka won the Booker Prize on Monday for his second novel “The Seven Moons of Maali Almeida,” about a dead war photographer on a mission in the afterlife.