There will be many new job opportunities next year- Finance Minister

Since there will be many direct foreign investments next year the rupee will be strengthened, said Finance Minister Ravi Karunanayaka.



PM urges celebration of uniqueness of Sri Lankans for lasting peace & reconciliation

Prime Minister Ranil Wickremesinghe yesterday called on all of the country’s citizens to put the past behind them in order to celebrate their unity and diversity and progress towards lasting peace and reconciliation.



‘Abhishek planned a bank in Lanka, met President Sirisena in Goa’ – (Times of India Newspaper)

JAIPUR: The investigation carried out by the special operation group (SOG) of Rajasthan police, which revealed that Rs 16 crore was embezzled at Alwar Urban Cooperative Bank



President wishes Karunanidhi speedy recovery

Senthil Thondaman, Chief Minister (in-charge) of Uva province, Sri Lanka, visited Kauvery Hospital in the city and conveyed the wishes of the President, the New Indian Express reports.



Sri Lanka probes man who tried to assassinate Rajiv Gandhi for ‘plot’ against Sirisena

On Tuesday, Sri Lanka said it was investigating a former navy sailor convicted of attempting to assassinate India’s Rajiv Gandhi 25 years ago, on suspicion of involvement in an alleged plot to kill its president.



Madras High Court bans Sharia courts in TN

The Madras High Court on Monday directed the Tamil Nadu government to ban all unauthorised ‘Sharia’ courts functioning on premises of mosques in the state while hearing a petition of a man who was allegedly forced to give talaq by one such court in the city.



Bank of Ceylon to open Rs. 8 billion debenture subscription tomorrow

The Bank of Ceylon is opening the subscription list of its 8th listed Rupee debenture issue on Wednesday, 21st December.



Sri Lanka PM cancels Seylan Bank foreign deal, orders probe – Finmin

Sri Lankan Prime Minister Ranil Wickremesinghe has ordered a reversal and a probe into the 1.3 billion rupees ($8.7 million) Seylan Bank foreign deal as it failed to follow proper procedure



If tobacco companies incur losses, they can end business here – Rajitha

Health Minister Rajitha Senarathne says that tobacco Companies can close, if they are incurring losses parallel to the cigarette price and tax increments.



Russian plane crash leaves 27 dead

An IL-18 aeroplane belonging to the Russian defence ministry has crashed in Yakutia in Siberia with at least 27 fatalities, local media report.



Illegal pills on their way to Sri Lanka seized in India

Ramanathapuram Town police in India have seized about 123,000 tablets, mostly pain killers and pregnancy termination tablets, and arrested a person



Undeclared monies in foreign banks can be brought home

The Government will allow Sri Lankans holding undeclared funds in foreign banks to transfer them to Colombo, Finance Minister Ravi Karunanayake said yesterday.



10 dead following an accident in Jaffna

At least 10 persons were killed and several others wounded following an accident involving a van and a bus in Chavakachcheri, Jaffna.



Higher tax on cigarettes yields desired results: CTC admits fag price hike hurts, won’t give money to President’s Fund

Ceylon Tobacco Company (CTC) yesterday said it wouldn’t provide funds to the government outside the current tax regime under any circumstances.



Malaysia to explore new investment opportunities in Sri Lanka

Malaysia is ready to explore new investment opportunities in Sri Lanka, Malaysian Prime Minister Najib Razak said.



Vaiko urges India to stop Sri Lanka from amending maritime law

MDMK chief Vaiko on Thursday urged Indian Prime Minister Narendra Modi to use diplomatic channels to ensure the Sri Lankan government does not add tough penal provisions to a 1979 law that could affect the lives of Tamil fishermen crossing maritime borders.