Category: Local News

The Central Bank of Sri Lanka (CBSL) says that its Monetary Board decided to adopt several policy measures with the view to strengthening macroeconomic stability.

Providing uninterrupted electricity for 24 hours will cause foreign reserves to dry up fast and the country will face a total blackout if the Government is unable to get foreign exchange to import fuel by the end of February, Energy Minister Udaya Gammanpila warned yesterday (January 19).

President Gotabaya Rajapaksa said all sectors in the country depend on the public service.

Sri Lankan government today insisted that the recent travel advisory issued by Canada on the island nation contains flawed references to the economic and security situation in the country as well as inaccurate information with regard to the safety and security of female travelers and harassment of foreigners.

The Cabinet of Ministers has approved to construct four fly-overs in Hiripitiya, Pasyala, Negombo and Thalawathugoda junctions.

China has agreed to provide one million metric tonnes of Rice to Sri Lanka as a donation, Dr. Bandula Gunawardena, Sri Lanka’s Minister of Trade said today (January 19).

Gamini Senarath will assume duties as the Secretary to the President today (January 19).

CEB engineers will commence a work-to-rule trade union action today (19), demanding to remove acting General Manager (GM) Susantha Perera.

India has offered a new Line of Credit (LOC) of USD 500 million to Sri Lanka for purchase of petroleum products.

The Ceylon Electricity Board (CEB) says that a 63 megawatt (MW) power generator at the Sapugaskanda Power Plant has been shut down due to the lack of fuel.

Sri Lanka has paid USD 500 million International Sovereign Bond that matured today (January 18), said Ajith Nivard Cabraal, the Central Bank Governor.

Sri Lanka President Gotabaya Rajapaksa, delivering the government’s policy statement in Parliament today (January 18), said no changes have been made to the green agriculture policy implemented by his administration.

The first salary amounting to $1,667, committed by Rajco Industries for the next 10 years, had been transferred to the account of the widow of Sri Lankan manager Priyantha Kumara

The Ceylon Electricity Board (CEB) earlier said it does not need diesel for January, suddenly out of the blue it goes back on its word and requests diesel on 11 January, Energy Minister Udaya Gamannpila said yesterday (January 17).

More than 500 engineers attached to the Ceylon Electricity Board Engineers’ Union (CEBEU) will launch a sick-note campaign today near the CEB headquarters, CEBEU President Saumya Kumarawadu said.

Veteran Sri Lankan singer and musician Neela Wickramasinghe has passed away at the age of 71.