Category: Local News

The list of MPs who have had telephone conversations with former Perpetual Treasuries beneficiary owner Arjun Aloysius will be tabled in Parliament this week, Speaker Karu Jayasuriya said.

Professor Rohana Lakshman Piyadasa has been temporarily appointed as Sri Lanka Freedom Party (SLFP) General Secretary by SLFP’s Central Committee a short while ago.

The Joint Trade Unions of Postal Service Workers issued a statement that all Postal service employees will go on strike with effect from midnight today (03).

The Sri Lanka-China Free Trade Agreement (FTA) would result in higher gains for Sri Lankan exports compared to products imported from China which are already entering the country duty free, local media reported Saturday, quoting a recent study.

The Sri Lankan rupee touched a fresh record low of 158.80 on Friday owing to dollar demand from foreign banks and importers but ended steady on late inflows from remittances, dealers said.

Development Strategies and International Trade Minister Malik Samarawickrema has urged Speaker Karu Jayasuriya to release a list containing names of 118 recipients of funds from tainted primary dealer Perpetual Treasuries (PTL) or companies affiliated with it, if such a list existed.

The International Monetary Fund late on Friday said Sri Lanka continues to make important progress on fiscal consolidation but needs to keep up the reform momentum to boost economic growth.

Four Supreme Court Judges have declined to sit on the Bench to hear the Fundamental Rights petition filed by former Defence Secretary Gotabaya Rajapaksa, citing personal reasons.

China Development Bank has knocked out commercial lenders on a US$ 1 billion loan for the Democratic Socialist Republic of Sri Lanka, underscoring China’s ability to support the Belt and Road initiative with cheap financing.

President’s Secretary Austin Fernando says that he has sought the Attorney General’s advice to release the full report of the Commission of Inquiry appointed to investigate the Central Bank treasury bond scam.

President Maithripala Sirisena says it is not suitable to create an environment where anyone in the Judicial sector to go behind the politicians when the government is implementing the policy of upholding the rule of law.He made these remarks participating in an event to open the new court complex in Waththala, yesterday (May31th).

The Government is taking measures to cancel the loans taken by the poor from the micro finance companies in the drought affected areas, Finance and Mass Media Minister Mangala Samaraweera said yesterday.

KANDY – Minister Field Marshal Sarath Fonseka has said in Kandy that he will contest the 2020 presidential election if his party gave him nomination.

Talks between China and Sri Lanka for a free trade agreement have hit major hurdles, mainly because Beijing will not agree to Colombo’s demand for a review of the deal after 10 years, Sri Lanka’s top negotiator said.

The hierarchy of the joint opposition unanimously decided yesterday to oppose the 20th Amendment to the Constitution proposed by the JVP to abolish the Executive Presidency, an official said.

President Maithripala Sirisena said, the late Ven. Maduluwawe Sobhitha Thera never intended to choose a common candidate, for the Presidential Election, with the aim of stealing from the Central Bank.