Sri Lanka has asked China to swap some of the $8 billion the Indian Ocean country owes Beijing for equity in infrastructure projects and offered to sell stakes in Sri Lankan companies to Chinese ones, Sri Lankan officials said on Saturday.

Chinese President Xi Jinping met with visiting Sri Lankan Prime Minister Ranil Wickremesinghe in Beijing on Friday.

“Though some people are accusing me stating that I created a government together with the UNP by defeating the SLFP, what I did was to defeat the system which is not suitable to the country by bring in a new system ”, says President Maithripala Sirisena.

Thirteen suspects including 10 Iranians and a Pakistani allegedly involved in the largest ever heroin smuggling in the sea were yesterday ordered to be remanded until April 19 by the Colombo Fort Acting Magistrate.

The LTTE cannot revive its separatist movement in Sri Lanka without its leader Velupillai Prabakaran, a senior Northern Province official today asserted

Sri Lankan Prime Minister Ranil Wickremesinghe is heading to Beijing on Wednesday to negotiate a $125 million penalty that a Chinese state firm is seeking from Sri Lanka for suspending work on a big port development project.

Claiming continuing LTTE threats to his life, former President and Kurunegala District MP Mahinda Rajapaksa has appealed to Prime Minister Ranil Wickremesinghe to rescind a government decision to withdraw a contingent of army commandos assigned for his security.

World’s largest wastewater service firm is looking to enter Sri Lanka and help modernize the country’s disposal methods.

President Maithripala Sirisena appointed two Deputy Minister and a State Minister today (April 06).

President Maithripala Sirisena has given his approval to provide 4.68 million rupees as compensation for 33 victims of Rathupaswala incident.

Selection Committee Chairman Aravinda de Silva has finally come forward to reply the strong criticism made by former captain Lasith Malinga and former Selection Committee Chairman Kapila Wijegunawardene…

Sampath Bank Plc Managing Director Aravinda Perera said that there are a number of customers who are now converting saving accounts into fixed deposits due to the ever increasing interest rates offered by banks.

President Maithripala Sirisena says the people of Sri Lanka handed over the country to him on January 08, thus giving him the responsibility to bring in the required transformations for the country.

CHENNAI: Opposing the Centre’s decision to offer boats and fishing equipment to Sri Lankan fishermen, DMK president M Karunanidhi, on Monday, said that the move has pained the people of Tamil Nadu.

Government plans to build three hospitals similar to the Mount Elizabeth Hospital in Singapore.