President Maithripala Sirisena said the sports ground is the center for reconciliation as it has no distinction between race, religion, language, caste or colour.

The proposed Economic and Technology Cooperation Agreement (ETCA) between India and Sri Lanka, which would be an improvement over the existing Free Trade Agreement (FTA), may soon be a reality.

Sri Lankan financial crime police arrested the eldest son of former president Mahinda Rajapaksa on Monday on suspicion of laundering money, his lawyer said, the latest legal difficulty for the once-powerful family.

The United State hailed on Friday what it termed as the investment friendly environment has currently been created in Sri Lanka. The US Assistant Secretary for Economic and Business Affairs, Charles H Rivkin said during his meeting with Minister of Finance Ravi Karunanayake at the Finance Ministry on Saturday.

A Japanese woman visiting India to document the Independence Day celebrations was drugged and robbed of her belongings by a man who claimed to be a Sri Lankan tour guide.

Former members of the Liberation Tigers of Tamil Eelam (LTTE) are increasingly taking to writing to articulate their reflections on the civil war, which came to an end in May 2009.

State Minister of Child Affairs Vijayakala Maheswaran says that the closed water wells in the islands off Jaffna should be immediately inspected under court orders.

COLOMBO, Aug 12 Sri Lanka’s government on Friday agreed a new version of its $1.4 billion real estate agreement with China after changing the terms and blocking the outright sale of land – part of a project covering a square mile right next to the capital’s port.

The Sri Lankan rupee ended steady on Friday as dollar sales by foreign investors and exporters were offset by importer demand for the greenback, dealers said.

C.V. Wigneswaran, chief minister of the Northern Province and member of the Tamil National Alliance, says adopting federalism is the only way to assure transitional justice and provide a long-lasting solution to ethnic conflict.

Sri Lanka’s parliament on Thursday passed a law to establish an office to trace people who disappeared during a 26-year war and another insurrection amid protests by former leader Mahinda Rajapaksa’s supporters in the chamber.

Leading Thai cement manufacturing company, Siyam City has expressed their interest for more investments in Sri Lanka in Puttlam and Galle cement factories.

Sri Lanka’s previous government hid debts of at least 1.36 trillion rupees on the books of some state and semi-government institutions, aggravating the debt crisis, Prime Minister Ranil Wickremesinghe said on Wednesday.

The Cabinet nod has been given to draft the proposed Special Deposit Account Act which can grant the residency visa to foreign individuals who bring a large amount of foreign exchange into the country.

Government is taking steps to resurrect the failed projects and strengthen the national economy said, National Policies and Economic Affairs State Minister Niroshan Perera.