Category: Local News

S&P lowers Sri Lanka rating to ‘CCC’ citing greater sovereign default risk

Standard & Poor’s (S&P) today lowered long-term sovereign credit rating on Sri Lanka from ‘CCC+’ to ‘CCC’ on increasing external financing risks.



Emil Ranjan Lamahewa sentenced to death over Welikada Prison riots

Former Prison Superintendent Emil Ranjan Lamahewa has been sentenced to death over the 2012 Welikada Prison riots.



Elle Gunawansa Thera, Bengamuwe Nalaka Thera go before Supreme Court against Trinco Oil Tank farm agreement

Ven. Elle Gunawansa Thera and  Ven. Bengamuwe Nalaka Thera today filed a Fundamental Rights petition in the Supreme Court challenging the legality of the cabinet memorandum that authorised it to enter into an Agreement with the Lanka IOC PLC to jointly develop China Bay Oil Tank farm.



How the soaring cost of living is hitting Sri Lankans hard

“Cooking gas cylinder prices have almost doubled and we cannot afford it anymore,” says Niluka Dilrukshi. The 31 year-old mother-of-four has always cooked with gas to prepare food for her family, but now says firewood is her only option.



Sri Lanka to meet all debt repayments while rebuilding foreign exchange reserves – CBSL Governor

The Sri Lankan government will meet all debt repayments in 2022 and work on a more comprehensive plan to address its dwindling foreign exchange reserves, Central Bank Governor Ajith Nivard Cabraal said on Wednesday.



Traffic congestion in Pelawatte due to protest by principals

A protest by principals was held in front of the Ministry of Education today (January 12).



Colombo Port Eastern Terminal work begins today

The construction of the second phase of the Eastern Terminal of the Colombo Port will commence today under the patronage of President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa.



JVP challenges Government to tell people why it put off local polls

The JVP yesterday (11) urged the government to tell the people why it had postponed the local government elections by one year.



Ranjan Ramanayake permitted to pursue external degree

Former SJB MP Ranjan Ramanayake, who is currently detained at the Welikada Prison, has been given permission to follow a degree programme at the Open University of Sri Lanka (OUSL)



Hand grenade found in church premises in Borella

Police said that a hand grenade has been found from the premises of All Saints’ Church  Borella located opposite the Welikada Prison.



People’s Bank of Sri Lanka removed from Chinese Embassy blacklist

The People’s Bank of Sri Lanka has been removed from the blacklist of the Economic and Commercial Office of the Embassy of People’s Republic of China.



Animal Welfare Bill to be gazetted

The Cabinet of Ministers have given their consent to gazette the Animal Welfare Bill and submit it to Parliament for approval.



Sri Lanka Government to import 300,000 metric tons of rice

The Government has decided to import 200,000 metric tons of Nadu Rice to ensure the availability of required rice consignments in the open market.



Woman commits suicide after jumping from CID building

A 46-year old woman who was arrested over an alleged financial fraud of Rs. 60 million, committed suicide by jumping out the fifth floor of the Criminal Investigations Department (CID) building, the police said.



Gazette issued extending terms of Local Government Institutions

Terms of Municipal Councils, Urban Councils and Pradeshiya Sabhas have been extended until the 19th of March, 2023.



Institutional and legal framework of 10 ministries revised

An Extraordinary Gazette notification has been issued amending the institutional and legal framework of 10 Cabinet and State ministries.