Category: Local News

Japan will not help Sri Lanka now

Japanese Ambassador in Colombo Mizukoshi Hideaki who met the Tamil National Alliance (TNA) yesterday (June 30) had reportedly said that there is a risk of financial assistance to Sri Lanka being mismanaged and hence Japan will not support the country at this point.



Inflation surpasses 54% for the first time in history

Sri Lanka’s headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index, soared to 54.6 percent in June from 39.1 percent in May this year, the Department of Census and Statistics (DCS) said yesterday (June 30) in a press release.



Sri Lanka crisis gives India chance to gain sway vs China

Sri Lanka’s strategic location has attracted outsized interest in the small island nation from regional giants China and India for more than a decade, with Beijing and its free-flowing loans and infrastructure investments widely seen as having gained the upper hand in the quest for influence.



Dr. Nandalal Weerasinghe re-appointed CBSL Governor for 6 more years

Dr. Nandalal Weerasinghe was re-appointed as the Governor of the Central Bank of Sri Lanka (CBSL) for the next six years by Sri Lankan President Gotabaya Rajapaksa today (June 30).



Six persons sentenced to death over a murder 22 years ago

Six persons were sentenced to death after they were convicted of murdering five people in year 2000.



Individual shot dead in Kolonnawa

One person has been killed in a shooting incident near the Kolonnawa Junction today (June 30).



Discussions with Sri Lankan authorities constructive and productive – IMF Team

The International Monetary Fund (IMF) team that concluded their visit to Sri Lanka said that they had constructive and productive discussions with the Sri Lankan authorities on economic policies and reforms to be supported by an IMF Extended Fund Facility (EFF) arrangement



22nd Amendment to the Constitution gazetted

The 22nd Amendment to the Constitution of the Democratic Socialist Republic of Sri Lanka has been published in a gazette notification issued on Wednesday (June 29).



Bus fares increased from midnight today

The bus fares will be increased by 22 percent from midnight today (June 30), the National Transport Commission says.



Supermarket shelves about to go empty as delivery fleets unable to refuel

As the fuel shortage has sent the country into a lockdown situation, people, particularly those in Colombo and the suburbs, are facing a risk of losing access to food and other essential stuff, with the retailers struggling to restock their shelves on time, as they scramble to refuel their delivery fleets.



World Bank to redesign 17 ongoing projects in Sri Lanka

The World Bank would extend further support after reaching an agreement with the International Monetary Fund, the World Bank’s Country Director for Sri Lanka Faris Hadad-Zervos says.



Doctors, bankers protest ‘impossible situation’ as Sri Lanka runs out of fuel

Doctors and bankers were among hundreds of Sri Lankans who marched on Wednesday (June 29) to demand the government resolve a severe fuel shortage at the heart of the Indian Ocean island’s worst economic crisis in decades or step down.



Another person dies while waiting for fuel in Sri Lanka

A 53-year-old father of two who was waiting for fuel at a filling station in the area of Darga Town, Aluthgama died after he was knocked down by a lorry last night (June 28).



No petrol shipments for Ceylon Petroleum Corporation until July 22 – Sagala Ratnayake

The Ceylon Petroleum Corporation (CPC) will not be able to receive a petrol shipment until 22nd July, even if the funds are available with the CPC, said Sagala Ratnayake the Chief of Staff of the Prime Minister today (29).



Two people shot dead in Moratuwa

Two people have been killed in a shooting incident at the Katubedda Junction in Moratuwa today (June 29), police said.



Around 600 inmates escape Kandakadu Treatment and Rehabilitation Centre

An inmate at the Kandakadu Treatment and Rehabilitation Centre in Polonnaruwa died after a brawl between two groups last night (June 28).