Category: Local News

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.

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

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.

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

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.

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.

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.

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

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 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.

Sri Lanka’s Ministry of Power and Energy has decided to reduce fuel prices with effect from 09:00 PM today (October 17).

Three people were killed and two others injured following a road accident at Ridibendiella on the Anuradhapura-Padeniya Road this morning (October 17).

The Sri Lankan government should withdraw a draft law that would give the authorities broad powers to detain people in military-run “rehabilitation” centres, placing them at great risk of abuse, Human Rights Watch said on Monday (October 17).

Lawyers have reportedly accused the United Kingdom of helping Tamil refugees in their onward dangerous boat journey who had reached the British-claimed region of Diego Garcia.

A 41-year-old Regimental Sergeant Major (RSM) of the Second Commando Regiment of Kilinochchi army camp was arrested for allegedly providing a T-56 assault rifle to his brother to carry out the recent shooting in Ahungalla Town.

Sri Lankan President Ranil Wickremesinghe stated that he had recently discussed Sri Lanka’s debt restructuring with the Chinese Finance Minister and he is optimistic that the discussions in this regard would be concluded successfully.