Sri Lanka rupee closes higher on exporter dollar sales

The Sri Lankan rupee ended firmer on Thursday, erasing early losses as the exporter greenback sales surpassed importer demand for the U.S. currency, while investors largely shrugged off a central bank monetary policy decision, dealers said.



No-Faith Motion against Ravi handed over

The Joint Opposition says a no-confidence motion against Minister of Foreign Affairs, Ravi Karunanayake, has been submitted.



Ravi denies knowledge of Penthouse deal

Foreign Minister and former Finance Minister Ravi Karunanayake yesterday vehemently denied any involvement in the leasing or the subsequent purchase of a penthouse at Monarch Residencies in Colombo 03.



Eastern terminal of Colombo Harbor will not hand over to any other party – President

President Maithripala Sirisena emphasizes that the Eastern Terminal of the Colombo Port will not be handed over to any external party under any circumstance.



Sri Lankan held for entering Delhi’s IGI Airport on alleged fake ticket

A Sri Lankan national has been apprehended at the Delhi airport for entering a terminal allegedly using a fake ticket, officials said on Tuesday.



Sri Lanka invites more Chinese investors

Sri Lanka on Monday called on more Chinese investors to invest in the island country, saying that China had invested more than $52 million in the country in 2016 alone.



Aloysius’ forgotten Apple Password: Commission says use memory or deal with implications

Anuja Premaratne PC sought permission from the Commission to allow his client, Arjun Aloysius to purchase a sim card with the same mobile number which he has handed over to the digital forensic investigators attached to the Treasury Bond Commission.



Sri Lanka rupee rises on exporter dollar sales, inward remittances

The Sri Lankan rupee traded firmer on Monday as dollar inflows due to inward remittances and exporter greenback sales surpassed importer demand for the U.S. currency, dealers said.



UNP to support Ravi

If a No-Confidence Motion is brought against Minister of Foreign Affairs Ravi Karunanayake, without any concrete evidence, the United National Party (UNP) will defend him, UNP General Secretary Minister Kabir Hashim said yesterday.



If Ravi is a true gentleman, he should resign – Dayasiri

Minister of Sports, Dayasiri Jayasekara stated that Finance Minister Ravi Karunanayake should ideally resign in light of the Central Bank’s bond scam allegations directed at him.



Sri Lanka condemns hostile acts by North Korea

The Government of Sri Lanka condemns the firing of a ballistic missile of intercontinental range by the Democratic People’s Republic of Korea (DPRK) on 28th July, and the series of recent similar hostile acts by DPRK in violation of UN Security Council Resolutions.



Sampanthan hopes Govt’s efforts would find a lasting solution to ethnic issue

Opposition Leader R. Sampanthan hopes the government’s efforts to rewrite the Constitution would find a permanent solution to the ethnic issue.



Sri Lanka signs $1.1 billion China port deal amid local, foreign concerns

Sri Lanka signed a long delayed $1.1 billion deal on Saturday to lease its southern Hambantota port to China ignoring an appeal by opposition parties to debate the pact in parliament.



Finance Minister promises wide ranging economic reforms

Finance and Mass Media Minister Mangala Samaraweera yesterday promised wide ranging reforms to the economy in the wake of a positive report from the IMF on the country’s economic condition this month.



Hambantota Port agreement to be signed tomorrow – PM

Prime Minister Ranil Wickremesinghe stated that the Hambantota Port agreement will be signed tomorrow (29).



Arjuna didn’t say final was fixed, says Murali

Muttiah Muralidharan doesn’t wish to read much into Arjuna Ranatunga’s demand for a probe into Sri Lanka’s 2011 World Cup final loss to India at the Wankhede.