Sri Lanka’s coalition government on Saturday won the final vote on its 2017 budget which aims to boost revenue and cut the fiscal deficit to 4.6 percent of GDP from this year’s 5.4 percent with a more than two-thirds majority.

The 800kgs of cocaine detected at the Colombo Port yesterday morning (09) is the largest haul of cocaine detected in the South Asian region, Police said.

Hambantota port workers held a Japanese vehicle carrier Hyperion Highway and its crew for four days in protest against the proposed agreement between the government and state owned China Merchants Port Holdings Company Ltd to operate the port as a public-private partnership.

State Minister of Finance Lakshman Yapa Abeywardana said the COPE report on the ‘Treasury Bond Issue’ would be taken up for debate on priority basis at the very first session of Parliament in 2017

Sri Lanka President Maithripala Sirisena on Thursday rescinded a colonial-era British order naming 19 nationals as “traitors” for leading a rebellion nearly 200 years ago, his office said

Sri Lanka would open up the higher education sector for private investment, an official said here on Wednesday.

Sri Lanka will take part in a joint venture with China Merchants Port Holdings Company Limited to develop a port in its south, where China has also been offered an investment zone.

A U.N. rights watchdog called on Sri Lanka on Wednesday to investigate documented allegations of torture and rape of detainees by security forces and to rein in broad police powers.

The Colombo Chief Magistrate’s Court today granted bail to former Deputy Minister Vinayagamoorthy Muralitharan, better known as Karuna Amman

The illnesses mentioned in the prison hospital diagnosis card of former Parliamentarian Duminda Silva are all false, said UNP MP Hirunika Premachandra.

Slapping higher taxes on data is a regressive move that could discourage ecommerce development in Sri Lanka, an expert said yesterday

The first priority of a country should be the national security, former Defence Secretary Gotabaya Rajapaksa asserts.

The investment in Sri Lanka by London Stock Exchange Group (LSEG) technology facility is a clear example of the investment confidence foreign countries have on Sri Lanka, Prime Minister Ranil Wickremesinghe said.

One of India’s most popular and powerful politicians, J Jayalalitha, remains in a critical condition after suffering a heart attack on Sunday night, the hospital treating her said.

The Colombo High Court granted bail to former General Secretary of the United National Party Tissa Attanayake, who was in remand custody.