Category: Local News

A joint pricing formula for Lanka Indian Oil Company (LIOC) and the Ceylon Petroleum Corporation (CPC) is under discussion, Power and Energy Minister Kanchana Wijesekera stated.

Inspector-General of Police (IGP) C.D. Wickramaratne has instructed the Criminal Investigation Department (CID) to take immediate action based on the court order to arrest the police officers who were involved in the Rambukkana shooting incident which claimed the life of a protester and injured many others.

India, the world’s second-biggest tea producer, will likely fail to take advantage of an export gap in the global market sparked by Sri Lanka’s economic crisis, according to a top grower.

Many schools in Colombo were shut and several train stations deserted on Thursday as teachers and train drivers joined mass walkouts demanding President Gotabaya Rajapaksa’s government quit over Sri Lanka’s worst financial crisis in decades.

The Sri Lanka Freedom Party (SLFP) states until State Ministers Suren Ragavan and Shantha Bandara who accepted Ministerial posts are removed from their positions, they will not take part in tomorrow’s (April 29) discussions with the President Gotabaya Rajapaksa.

Popular actress Anusha Sonali has passed away at the age of 47.

Ahead of the November 2019 election, Sri Lankan presidential challenger Gotabaya Rajapaksa proposed sweeping tax cuts so reckless the incumbent government thought it must be a campaign gimmick.

Multiple Sri Lankan trade unions have declared Thursday, the 28th of April, as a day for protests against the Sri Lanka President, Prime Minister and the Government.

The Kegalle Magistrate ordered the Inspector General of Police (IGP) to arrest and produce before court all police personnel involved in the shooting to death of a protester at Rambukkana.

The Sri Lankan rupee has depreciated to the lowest value against the US dollar in history today (April 27).

Sri Lankan President Gotabaya Rajapaksa has agreed in principle to form an all-party government that will include all the political parties represented in Parliament as a solution to face the crisis currently experienced in Sri Lanka.

The Ministry of Finance noted that there is no decision to reduce the salaries of public sector employees.

Fitch Ratings has placed the National Long-Term Ratings of 12 Sri Lankan non-bank financial institutions (NBFIs) on Rating Watch Negative (RWN).

A 57 year-old man was hacked to death by a beggar near a leading supermarket in the Battaramulla area in Thalangama last night (April 26), the police said.

The World Bank has agreed to provide USD 600 Million in financial assistance as a solution to Sri Lanka’s current economic crisis.

Finance Minister Ali Sabry was sworn in as Minister of Justice in addition to his current portfolio of the Minister of Finance, President’s Media Division (PMD) said.