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Government’s repeated mantra on corruption and ‘debt mountain’ scared away investors: Godahewa

The current government’s needlessly self-destructive overemphasis of corruption and the oft-repeated ‘debt mountain’ scared away foreign investors who lost faith in the country’s administrative and financial system, Dr Nalaka Godahewa, former chairman of the Securities Exchange Commission (SEC) told the media at the Patriotic Professionals’ press briefing held on Monday.



Fuel prices to increase with pricing formula

In accordance with the pricing formula activated by the Ministry of Finance, there is the possibility of the price of fuel being increased from today said the general secretary of the Ceylon Petroleum Corporation Trade Union D.J. Rajakaruna.





Lanka Hospitals officially opened by President Sirisena

Four months since it started its operations in Seychelles, Lanka Hospitals, the first overseas branch of the Sri Lankan based medical and specialised centre, was officially opened by President Maithripala Sirisena of the Democratic Socialist Republic of Sri Lanka in a brief ceremony yesterday afternoon as part of the activities on his three-day state visit.








Threats of landslides, flash floods

The prevailing inclement weather is expected to enhance over most of the country today, with rain measuring over 150 mm in certain places, the Meterology Department warned in a special advisory yesterday adding that the condition was caused by a low pressure system in the Arabian Sea.




Vijayakala granted bail

Former State Minister UNP MP Vijayakala Maheswaran arrested by the Police Organized Crimes Division (OCPD), has been granted bail by the Colombo Chief Magistrate.