Sri Lankan teller helps bust world’s biggest bank fraud

Sri Lankan authorities have launched a massive probe into a dubious NGO here that tried to sneak in millions of US dollars stolen by Chinese hackers from the Bangladesh Central Bank



Price of prima wheat flour increased

Price of a kilogramme of wheat flour has been increased by Rs.7.20.



Govt seeks Chinese loans

The Government has sought new loans from China to carry out various projects and proposes to set up a joint venture with that country to develop the Mattala International Airport, a minister said yesterday.



India approves $700 million forex swap with Sri Lanka until IMF loan relief

India has approved a $700 million currency swap of dollars for Sri Lankan rupees until the island nation receives an International Monetary Fund loan, the Indian government said on Friday.



Five burnt bodies found in Dankotuwa

Five burnt bodies of unidentified individuals were found inside a van from Buthgampola, Dankotuwa this morning, police said.



Special Committee to look into grievances of journalists

A special committee has been appointed under the directive of President Maithripala Sirisena to provide solutions to the grievances faced by journalists.



Basil, Divi Neguma DG released on bail

Former Minister Basil Rajapaksa and former Director General of the Divi Neguma Department R.R.K. Ranawaka have been granted bail by the Colombo High Court over the case filed against the alleged misappropriation of Divi Neguma funds.



Hackers steal $100 million from Bangladesh account at NY Fed

Hackers stole $100 million from the account of Bangladesh’s central bank at the Federal Reserve Bank of New York last month, laundering the purloined funds through Sri Lankan banks and casinos in the Philippines.



Asgiriya Mahanayake Thero passes away

The Chief Prelate of the Asgiri chapter of the Siam sect the Most Ven. Galagama Sri Aththadassi Thero has passed away.



CID arrests Ven. Dhammaloka Thero

The Criminal Investigations Department (CID) today arrested the Ven. Uduwe Dhammaloka Thero on charges of illegally keeping a baby elephant in his possession.



JVP threatens to besiege Colombo

The JVP yesterday threatened to block all six roads leading to the Colombo City if the government was not ready to give the fertiliser subsidy to farmers.



Sri Lanka hikes VAT, taxes capital gains before IMF loan talks

Sri Lanka will raise its value added tax and reintroduce capital gains tax to break out of a debt trap, Prime Minister Ranil Wickremesinghe said on Tuesday, ahead of talks on a $1.5-billion loan it is seeking from the International Monetary Fund.



PM proposes to increase VAT to 15%

Prime Minister Ranil Wickremesinghe has proposed in parliament today that the Value Added Tax (VAT) should be increased to 15 per cent considering the current global economic situation…



PM assures gender equality in Sri Lanka

The Prime Minister says the Government seeks to create the kind of setting that acknowledges gender equality and ensures protection, recognition and economic empowerment for all women.



I would take any decision in proper time for betterment of country – President

President Maithripala Sirisena says that the responsibility of the rulers who love the country and the people as well as scholars and intellectuals is to provide most appropriate things to the people.



Sangakkara named selector in Sri Lanka shake-up

Kumar Sangakkara has been included on a new Sri Lanka selection committee chaired by Aravinda de Silva.