Sri Lanka’s Consumer Affairs Authority had set new Maximum Retail Prices (MRP) for six new essential consumer items with immediate effect, Industry and Commerce Minister Rishad Bathiudeen said.

In this interview, opposition parliamentarian Bandula Gunawardene speaks to C.A.Chandraprema about the way out of the looming budgetary crisis.

Sri Lankan Finance Minister Ravi Karunanayake will seek to boost tax revenues and rationalise spending in the new government’s first full-year budget on Friday, but analysts see him showing little commitment to fiscal consolidation.

Over 10,770,000 sticks of illegally imported counterfeit cigarettes have been seized by the Sri Lanka Customs, this morning (18).

Dr. Neville Fernando, Chairman of the Neville Fernando Hospital in Malabe, said he would sue Chairman of the Sri Lanka Medical Council Professor Carlo Fonseka with a demand of Rs 500 million over allegations he has made regarding the death of Most Ven. Maduluwawe Sobhitha Thera.

Explosive revelations about the ongoing Avant Garde controversy continue to shake the ruling Government, with new audio tapes emerging yesterday that appears to implicate a senior aide to Minister Rajitha Senaratne as accepting a Rs. 5 million bribe

President Maithripala Sirisena will present a Cabinet Paper to abolish the Executive Presidency and to introduce a new electoral system at the Cabinet meeting scheduled to be held tomorrow (18).

The Commission to Investigate Allegations of Bribery or Corruption has launched a special investigation into the Avant Garde private security firm as the Commission has received a complaint against it…

Prime Minister Ranil Wickremesinghe has called a prominent minister, who was engaged in a heated debate with a number of parties regarding the Avant Garde case to Temple Trees yesterday (16) and had issued a stern warning.

President Maithripala Sirisena says though he is fully prepared to ban the sale of liquor and cancel liquor licenses as the President of the country, but the challenge faced by the entire world is whether drugs, that has become a major social force could be banned outright.

CHENNAI: DMK leader M Karunanidhi on Monday urged Prime Minister Modi to put pressure on the Sri Lankan government to release political prisoners as promised by President Maithripala Sirisena during the Presidential elections.

Referring to the launch of new talks with Sri Lanka to resume oil exports, Iranian deputy oil minister expressed Iran’s readiness to resume oil sales to the Asian country during post sanction era.

The government is planning to replace the Prevention of Terrorism Act with fresh legislation modelled on the Patriot Act of the United States, it is learnt.

Around 19,916 persons belonging to 6,310 families in Jaffna, Mullaitivu, Killinochchi, Trincomalee, Puttalam and Gampaha districts have been affected by floods while around 2,600 persons have been displaced, Disaster Management Centre sources said