Category: Local News

Prices of all airline tickets issued from Sri Lanka have been increased by 27% from today due to the depreciation of the Sri Lanka Rupee against US Dollar, The Civil Aviation Authority of Sri Lanka (CAA) announced today (March 11).

Issues pertaining to the opening of Letters of Credit (LCs) and payment for liquefied petroleum (LP) gas have been sorted out, says the Chairman of Litro Gas.

Permission was granted yesterday (March 10) to increase the price of medicine in a reasonable manner relative to the exchange rate, State Minister of Drug Production, Supply and Regulation Professor Channa Jayasumana stated.

Lanka IOC has decided to increase fuel prices from midnight today (March 10).

Sri Lanka is beginning to feel the pain from China’s debt trap, which will take it to a place it doesn’t want to be: knocking on the International Monetary Fund’s (IMF) door.

China once again kept silent on Sri Lanka’s request for debt restructuring but said it has been assisting the island nation to the best of its ability to overcome its forex crisis.

MP Lohan Ratwatte has been given another State Ministry in addition to his current position as the State Minister of Gem & Jewellery related Industries.

The selling rate of the US dollar at the daily exchange rate of several banks in Sri Lanka is reported as Rs. 260.

President Gotabaya Rajapaksa told SLFP last week that he was sorry about his decision to sack Ministers Udaya Gammanpila and Wimal Weerawansa. But he stressed that he had been compelled to take that decision, according to Environment Minister cum Sri Lanka Freedom Party senior Mahinda Amaraweera.

Former Prime Minister Ranil Wickremesinghe yesterday (March 09) requested the Government to present in Parliament the International Monetary Fund (IMF) report on Sri Lanka.

The Personal Data Protection Bill presented by Minister Namal Rajapaksa was passed in Parliament yesterday (March 09) with amendments.

Sri Lanka’s fuel import plans have been disrupted by a rapid spike in global crude prices after Russia’s invasion of Ukraine, leaving the crisis-hit island nation struggling to pay for diesel amid power cuts as fuel pumps run dry, officials said.

Gazette notification has been issued by the Department of Import and Export Control limiting the import of 367 non-essential goods into Sri Lanka unless with a valid licence.

After the decision by the Central Bank of Sri Lanka (CBSL) to devalue the rupee against the US dollar to Rs. 230, the mainline medicine manufacturing companies and importers are contemplating to stop supplying medicine to pharmacies from yesterday..

Chairman of the Sri Lanka Freedom Party (SLFP), former President Maithripala Sirisena said the President and Prime Minister pledged to convene an all-party general assembly at the end of this month, to discuss the current crises in the country.

The government has agreed to provide financial assistance for the national tree planting programme called Husma Dena Thuru.