Category: Local News

As Sri Lanka battles one of its worst economic crises in over 70 years, its Central Bank Governor expressed optimism the country would be able to pull through, but stressed the importance of measures that “may be not very palatable”.

Jayantha Samaraweera, National Organiser of National Freedom Front (NFF) has resigned from his state minister position.

The Central Bank of Sri Lanka has announced the official exchange rates for the day with the US dollar buying rate recorded at Rs. 225.20.

Former Prime Minister Ranil Wickremesinghe says the decision taken by the Special Presidential Commission of Inquiry to summon a number of Members of Parliament is problematic and also a security threat.

Litro Gas says 2,500 metric tons of domestic liquefied petroleum gas (LPG) has arrived in Sri Lanka and is currently being unloaded at the company’s storage terminal in Kerawalapitiya.

The Supreme Court has determined that certain clauses in the Bill to amend the Prevention of Terrorism (Temporary Provisions) Act No. 48 of 1979 need to be revised, Speaker of Mahinda Yapa Abeywardena informed the Parliament today (March 08).

The Central Bank has decided to pay an additional premium of Rs.38 for every US dollar sent by expatriate workers through approved channels.

Sri Lanka has maintained its official reserves at USD 2.31 billion (USD 2,314 million) in February, says the Central Bank of Sri Lanka.

Nearly 1,000 bakeries have closed in Sri Lanka due to a severe shortage of cooking gas, an industry association said on Monday, as the impact of dwindling foreign exchange reserves ricochets through the country’s economy.

The Easter Sunday cranage of 2019 had been part of a grand political plot, Archbishop of Colombo, Malcolm Cardinal Ranjith, said at the 49th Session of the United Nations Human Rights Council yesterday.

Sri Lanka’s central bank on Monday set an exchange rate limit of 230 rupees to the dollar, effectively allowing a currency depreciation it hopes will attract investment and remittances to help ease the worst financial crisis in years.

The Central Bank of Sri Lanka (CBSL) has decided to increase the selling price of the US dollar to a maximum of Rs. 230 with immediate effect.

President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa today (March 07) inaugurated the cement manufacturing facility of Lanwa Sanstha Cement Corporation (Pvt) Ltd., the largest cement factory in Sri Lanka, located in the Magampura Lanka Industrial Zone.

President Gotabaya Rajapaksa has issued directives today (March 07) to declare Nadungamuwa Raja who was the main casket bearer of the Esala perahera held in Kandy as a national treasure.

Long queues can still be seen near filling stations across the country to obtain fuel amidst the prevailing Diesel shortage.

Nadungamuwa Vijaya Raja, popularly known as Nadungamuwa Raja passed away this morning (March 07) at the age of 69, the caretaker of the elephant Harsha Dharmawijeya said.