Former Minister Basil Rajapaksa, who was arrested by the FCID this morning, has been released on bail after being produced at the Matara Magistrate’s Court.

Sri Lanka’s debt-ridden national airline will sell four new Airbus A350s, a government minister said on Monday, two weeks after cancelling an order for four of the aircraft.

Today initiated by Pedal Pushers, almost 150 riders took to the streets of Colombo, supporting the World Bike To Work Day.

Government will take tough action against errant foreign job agencies, Deputy Foreign Minister Dr. Harsha de Silva said.

The International Consortium of Investigative Journalists has published the list of Sri Lankans named in the Panama Papers a short while ago.

Vice-President of the Indian National Congress party Rahul Gandhi has been accused of backing the 2009 war in Sri Lanka, according to The Hindu newspaper.

The Asian Development Bank (ADB) has promised a loan of US $ three billion to Sri Lanka for infrastructure development.

Prices of rice, fried rice, biriyani and kottu had been increased by Rs. 10 with immediate effect following the recent VAT increase

Users of Automatic Teller Machines (ATMs) have been warned by Police to be vigilant as a foreign gang is attempting to steal money from their credit and debit cards.

United Nations human rights experts on Saturday urged Sri Lanka, which is under scrutiny for its human rights record during the 26-year Tamil insurgency, to implement judicial reforms to speed up prosecutions.

Sri Lanka’s junior finance minister has asked President Maithripala Sirisene to stop officials flying business class as part of government efforts to reduce the country’s ballooning budget deficit.

“Japanese vehicle imports to the country will be suspended for six months due to the present currency fluctuations, Vehicle Importers’ Association of Sri Lanka (VIASL) president Indika Sampath Merenchige said.

State Minister of Defence Ruwan Wijewardene said the government’s decision to withdraw the army from the former President Mahinda Rajapaksa’s security division and deploy only the police would not be changed under any circumstance.

Cabinet of Ministers has approved the proposal made by Minister of Finance Ravi Karunanayake to instruct the Legal Draftsman to redraft the Inland Revenue Act in par with international standards and improving clarity and transparency as proposed by the budget 2016.