Category: Local News

Sri Lanka sweetens FX rate for migrant workers to combat dwindling foreign reserves

A plan by Sri Lanka’s central bank to encourage migrant workers to remit funds using formal channels is unlikely to fix the country’s precarious financial position, experts said on Thursday.



Azath Salley acquitted from case filed over controversial remarks

Former Governor Azath Salley has been acquitted by the Colombo High Court in the case filed against him over the controversial remarks made during a media briefing held last year.



Sri Lanka will handle debt repayments ‘seamlessly’, Central Bank Governor says

Sri Lanka is confident of being able to “seamlessly” repay all of its sovereign debt that comes due in 2022, Central Bank Governor Ajith Nivard Cabraal said on Wednesday, while exploring new instruments to make its debt profile more sustainable.



Authorities to quality check gas onboard ships

State authorities will visit ships to inspect the quality of imported gas onboard ships before it enters the country from today (2)



Hope to attract more tourists to Mattala – Udayanga

Former Sri Lankan Ambassador to Russia Udayanga Weeratunga says he hopes to attract more tourists to the Mattala Airport in the future.



Lalith Warnakumara sworn in as Member of Parliament

Manju Lalith Warnakumara was sworn in as an MP for the Kalutara District before Deputy Speaker Ranjith Siyambalapitiya a short while ago.



Foreign reserves drops to USD 1.5 billion: Eran says government unable to refute opposition charges

The opposition alleged in Parliament that foreign reserves had dropped to $ 1.5 billion, which included the gold reserves of $ 300 million.



Check devices before use, says Litro Gas

Litro Gas Lanka, yesterday reiterated that the LPG brought into Sri Lanka meets internationally ratified compositions of propane and butane, certified and tested twice at point of loading and unloading by GEO-CHEM Lanka (Pvt) Ltd.



Bills to be tabled to permit medical cannabis export

Necessary Bills will be tabled in Parliament within the next 90-day period aimed at exporting of medicinal cannabis, State Minister Sisira Jayakody said yesterday (30) in parliament.



President appoints committee to investigate gas cylinder fires and explosions

President Gotabaya Rajapaksa has appointed a Committee to look into recent incidents of Liquefied Petroleum Gas (LPG) cylinder fires and explosions occurred at domestic, commercial and sales outlets in various parts of the country.



Sri Lanka to import 200,000 metric tons of rice from Myanmar

The Cabinet of Ministers has given the approval to import 200,000 metric tons of rice from Myanmar on the basis of a Government to Government agreement, says the Department of Government Information.



JVP Leader highlights dire situation country is in

JVP leader Anura Kumara told Parliament yesterday that the time had come for people to cry in unison for the harm inflicted on the nation by rulers, since independence.



Ten Gas Explosions in One Day

Controversy surrounding LP gas reached fever pitch yesterday (29), with 10 separate incidents of explosions involving gas cylinders and stoves were reported from across the country.



Former Minister Sirisena Cooray passes away

Former Minister Sirisena Cooray has passed away at the age of 90 while receiving treatment at a private hospital in Colombo, family sources said.



Forex crisis will lead to power cuts, warns Ranil

UNP leader and former Prime Minister Ranil Wickremesinghe yesterday told Parliament that the country would face power cuts soon if the government did not resolve the foreign exchange crisis urgently.



Arjuna Ranatunga resigns from UNP

Former Sri Lanka Cricket Captain and former Minister Arjuna Ranatunga has sent a letter to UNP leader Ranil Wickremesinghe yesterday informing him that he was resigning from the party.