Value Added Tax (VAT) increased to 15 percent, was operative from May 2, Finance Minister Ravi Karunanayake said.

The functions of the Police Media Unit has temporary been suspended by the IGP, the police said.

Former President Mahinda Rajapaksa’s military security has been removed from today and replaced by police security, MP Namal Rajapaksa says.

Prime Minister Ranil Wickremesinghe said that the government would create an independent fund to manage all profits made by state owned enterprises, “we will work towards getting these profits back to the people. We will not privatize any state enterprise”, he said.

Tamil Nadu Chief Minister Jayalalithaa on Saturday urged Prime Minister Narendra Modi to take immediate action to secure the release of 34 fishermen from the state and 88 fishing boats

“We should take a firm determination to fulfill the aspirations of our people with a firm commitment to make the achieved victories a reality in this May Day…

Unions of the labour must ideally give priority to safeguard the rights of the workers instead of focusing on political agendas, emphasized Prime Minister Ranil Wickremesinghe.

Former Economic Development Minister Basil Rajapaksa had been given a contract to divide the SLFP and weaken President Maithripala Sirisena allegedly funded by a neighbouring country, Sports Minister Dayasiri Jayasekera charged yesterday.

Sentiment on the Sri Lankan rupee improved on Friday, as reflected in the forwards market, after the country signed a $1.5 billion, three-year loan agreement with the International Monetary Fund.

The International Monetary Fund (IMF) said on Friday it has reached agreement with the Sri Lankan government for a $1.5 billion bailout to help the island nation avert a balance of payments crisis.

The Sri Lanka Freedom Party (SLFP) and the United People’s Freedom Alliance (UPFA) have expressed their willingness to join the UPFA May Day Rally.

A SriLankan Airlines flight made to return to Changi Airport for “security reasons” two weeks ago did so because a checked-in box had caught fire, injuring a baggage handler, said the Singaporean police in a statement on Thursday (April 28).

Benthara – Elpitiya SLFP Organizer Geetha Kumarasinghe has been removed from the organizer post by party leader…

Former Sri Lankan parliamentarian Murugesu Chandrakumar, who recently quit the Eelam Peoples’ Democratic Party (EPDP), has said that social injustice is rampant among Lankan Tamils, and that it is time they stopped brushing this grave issue under the carpet on the specious plea that bringing it out will jeopardize “Tamil unity”.

Sri Lanka Cricket has confirmed the return of Sanath Jayasuriya as chief selector, little more than a year since he stepped down from the role.

The UNP-led government was using the issue of the SLFP and the Joint Opposition (JO) holding two separate May Day rallies in Galle and Kirulapone to cover up its failures and rackets, former Minister Dullas Alahapperuma said yesterday.