Sri Lanka’s central bank does not want to allow the rupee currency to fall too quickly and wants to ensure a competitive exchange rate, the island nation’s Central Bank Governor Indrajit Coomaraswamy said on Tuesday.

Telephone ownership in Sri Lanka is 135.7 per 100 persons, according to the 67th Annual Report issued by the Central Bank of Sri Lanka.

One person was killed and two others injured in a shooting incident in Welipenna, Kalutara, police said.

Former President Chandrika Bandaranaike Kumaratunga issuing a press release yesterday hit out at former President Mahinda Rajapaksa stating that she was left without any security for two months in the latter part of 2007.

Before she was caught in March for allegedly aiding four Sri Lankan nationals to illegally travel to the UK with forged Indian passports, a British woman also helped six other Sri Lankans make the journey

Fifty more police personnel attached to former President Mahinda Rajapaksa’s security contingent were withdrawn yesterday. They include three Inspectors, five Sub Inspectors and three Women Police Constables (WPCs).

Sports Minister Dayasiri Jayasekara brought to the attention of Parliament that the doctors who led the islandwide strike yesterday, had been continuing private practice at leading private hospitals.

Minister of Law, Order, and Souther Development Sagala Rathnayake answering a question in Parliament today (5th May) explained that the reduction of police officers from the security of Former President Rajapaksha is not politically motivated.

The Government yesterday said that it was ready to meet any contingency or negative fall-out of the countrywide multiple trade union strike which is expected to cripple the nation’s health, education, transport and other sectors.

Testifying before the Presidential Commission on on the Central Bank bond issue, JVP provincial councilor Wasantha Samarasinghe said yesterday Perpetual Treasuries (PT) had made a profit of Rs.14,845 million on the sale of bonds from February 27, 2015 to May 26, 2016.

The Cabinet has not decided to appoint Regional Development Minister Field Marshal Sarath Fonseka as the Head of operations of the Tri-Forces, Prime Minister Ranil Wickremesinghe said yesterday.

The Sri Lankan government yesterday said it will go ahead with its plans to strike a deal with India to jointly operate a strategic oil facility in the eastern port district of Trincomalee despite opposition from other parties.

The Sri Lanka Transport Board has earned Rs 58.6 million by renting 4000 buses to various political parties to transport their supporters on May Day.

Transparency International Sri Lanka (TISL) stated that many of the journalists who were on the front line of exposing corruption in countries have been met with brutal resistance around the world.