Category: Local News

Sri Lanka’s central bank on Thursday threatened administrative intervention to control high market interest rates that it regarded as out of line with the inflation outlook.

Ten Sri Lankan nationals clandestinely reached the shores of Rameswaram island in India in the early hours of Wednesday (November 23).

Venerable Galwewa Siridhamma Thero who was granted bail today (November 23) by Colombo Magistrates Court, was remanded again in relation to another case until the 06th of December by the Kaduwela Magistrate’s Court today.

Sri Lankan President Ranil Wickremesinghe told Parliament today (November 23) that he would not allow another Aragalaya and if that happened again he would deploy the military and use emergency powers.

Venerable Galwewa Siridhamma Thero, the convener of the Inter University Bhikku Federation (IUBF) was released on bail today (November 23).

Nomura Holdings Inc, Japan’s top brokerage and investment bank, has warned that seven countries – Egypt, Romania, Sri Lanka, Turkey, Czech Republic, Pakistan and Hungary – are now at a high risk of currency crises.

Former Leader of the Ceylon Workers’ Congress (CWC) Muthu Sivalingam has passed away today (November 23) at the age of 79.

Samagi Jana Balawegaya (SJB) Parliamentarian Chaminda Wijesiri has been removed from the Parliament chamber after he attempted to assault Sri Lanka Podujana Peramuna (SLPP) MP Nimal Lanza during this morning’s (November 23) Parliament sitting.

Sri Lanka’s central bank is expected to keep rates steady as inflation shows signs of easing and as authorities focus on discussions to secure a $2.9 billion International Monetary Fund (IMF) bailout to stabilise its crisis-hit economy.

Second reading of the 2023 budget passed in Sri Lanka’s Parliament with a majority of 37 votes when the vote was taken a short while ago.

Two more suspects involved in the human trafficking to Oman have been arrested by the Criminal Investigation Department (CID) today (November 22).

Indictments were served on Former Media Minister Keheliya Rambukwella, Former Operations Director of the Sri Lanka Rupavahini Corporation Chandrapala Liyanage, and Former Chairman Wimal Rupasinghe at the Colombo High Court today (November 22).

The third officer of the Sri Lanka Embassy in Oman, who is accused of being involved in human trafficking syndicate, has been interdicted, Foreign Employment Minister Manusha Nanayakkara said.

Former Sri Lankan President Mahinda Rajapaksa says selling national assets is not the policy of his faction.

A man who possessed 78,700 narcotic pills was arrested from the Dehiwala area by The Colombo North Crimes Division.

The Central Committee of the Sri Lanka Freedom Party (SLFP) yesterday decided to suspend the membership of nine members including former President Chandrika Bandaranaike Kumaratunge until the disciplinary action against them is concluded, said the Party’s General Secretary MP Dayasiri Jayasekara.