LPBOA to hold talks with Finance Minister

Lanka Private Bus Owners’ Association President Gemunu Wijeratne while vehemently opposing the minimum traffic fine increase up to Rs. 2500, however said the LPBOA will talk to the Finance Minister to iron out the issue.



Minimum traffic fine won’t be changed: Ravi

Responding to a demand made by private bus operators to abolish the proposed minimum traffic fine of 2,500 rupees, Finance Minister Ravi Karunanayake said that the proposal was made to save the lives of motorists as well as pedestrians and that the decision won’t be changed.



Water-tariff up by 30%

The tariff on water will increase by a minimum of 30%, the National Water Supply and Drainage Board (NWSDB) said today.



China important partner in Sri Lanka’s economic development – FM

Sri Lankan Foreign Minister Mangala Samaraweera on Friday said India realised the dangers of bottom-trawling, but the two countries should work out a win-win situation for poor fishermen on both sides of the Palk Bay.



PM promises to sack cops if found guilty of attacking disabled war heroes

Prime Minister Ranil Wickremesinghe told Parliament yesterday that if any policemen were found guilty of attacking disabled servicemen near the Presidential Secretariat last week they would be sacked from the service.



Gemunu warns of bus strike against hike in traffic fines

Lanka Private Bus Owners’ Association (LPBOA) Chairman, Gemunu Wijeratne, says that the government should immediately withdraw the proposal to increase the minimum fine for traffic offences to Rs 2,500.



Donald Trump had acted in a Sri Lankan film

America’s President-elect Donald Trump had acted in a film co-produced by the veteran Sri Lankan film-maker Chandran Rutnam along with Bo Derek.



Government calls it progressive budget

Finance Minister Ravi Karunanayake yesterday presented what the government called a progressive budget



Five shot in downtown Seattle near scene of anti-Trump protests

A gunman opened fire in downtown Seattle on Wednesday evening following an argument and wounded five people, one man critically, not far from protests against the surprise victory of Republican Donald Trump in the U.S. presidential election.



President congratulates US President-Elect Donald Trump

“The Government and the people of Sri Lanka join me in congratulating you on your victory”, said President Maithripala Sirisena sending a congratulatory message to the President-elect of the US, Mr. Donald Trump.



Donald Trump elected president of the United States

Republican Donald Trump has defeated his Democratic rival Hillary Clinton in the US election, according to ABC election analyst Antony Green, and will become America’s next president.



Budget 2017 will benefit all: Finance Minister

Finance Minister Ravi Karunanayake will present the third budget of the national unity government in Parliament tomorrow.



Sri Lanka records strong growth in tourist arrivals from China, India

Tourist arrivals to Sri Lanka rose by 13.7 percent in October year-on-year with Indian and Chinese markets recording a commendable growth, statistics from the Tourism Department showed on Tuesday.



China defends Lanka envoy’s comments over Chinese loans

China today defended comments by its ambassador to Sri Lanka over criticism against high interest rates charged on Chinese loans to the country



Sri Lanka central bank considers new bond tender system to stabilise long term rates

Sri Lanka’s central bank is working with the IMF and the World Bank to introduce a new system for selling bonds to bring down sharply higher interest rates in long-term government securities, Deputy Governor Nandalal Weerasinghe told Reuters on Tuesday.



Pension benefits to differently abled prematurely retired War Heroes under direction of President

It has been decided to provide pension benefits to the differently abled War Heroes who volunteered to retire before completing their 12-year mandatory service period with retirement compensation