Latest Sri Lanka News and Top Stories

The Sri Lankan rupee ended firmer on Monday as exporter dollar sales surpassed early greenback demand from importers on worries capital outflows would increase as incoming U.S. President Donald Trump’s policies were seen guiding U.S. rates higher and strengthening the dollar.

The fines for six traffic violations including drunk driving will be increased to Rs.25,000, Minister Nimal Siripala de Silva says.

A Toronto man who was imprisoned and tortured while visiting Sri Lanka must be compensated for the abuses he suffered, the United Nations Human Rights Committee has ruled.

Former President Mahinda Rajapaksa yesterday accused the government of suppressing the media at a time when the country’s attention was on the budget and constitutional reforms.

The International Monetary Fund (IMF) on Saturday said Sri Lanka’s macroeconomic and financial conditions have begun to stabilize and the island nation’s performance under its $1.5 billion loan programme is satisfactory.

“What we have to do for the motherland is not the easy tasks but face the difficult tasks and win them”, says President Maithripala Sirisena.

Minister of Finance Ravi Karunanayake yesterday denied allegations raised by opposition lawmaker and JVP Leader Anura Kumara Dissanayake in relation to obtaining 58 vehicles on operational leases, which is supposed to save the state money.

Thirty-two Sri Lankan Muslims from “well-educated and elite” families have joined Islamic State in Syria, the justice minister told parliament on Friday, promising that the government would clamp down on extremists.

The government has allocated Rs 1,275 Million to pay compensation for people affected due to the Salawa Blast and already Rs 875 million has been paid.

Former Sri Lankan Ambassador to the USA, Jaliya Wickramasuriya was arrested by the Financial Crimes Investigations Division (FCID) last night over a financial fraud, Police said.

The JVP demanded to know yesterday why the state officials tasked with providing luxury vehicles to 58 MPs supporting the government should not be accused of fraud.

Sri Lanka’s plans for establishing a Colombo International Financial City will pave way for future economic growth and is a symbol of confidence, a leading European official said here Thursday.

Sri Lanka’s Securities and Exchange Commission (SEC) announced new measures on Thursday to encourage companies to list their shares on the Colombo Stock Exchange after earlier changes failed to raise market liquidity.

We should strengthen our country’s borders, Prime Minister Ranil Wickremasinghe said.

A United Nations committee that monitors acts of torture in member countries grilled an intelligence chief Wednesday over the alleged abuse of detainees during Sri Lanka’s bloody civil war

Sri Lanka has awarded refined oil products term supply contracts to Singapore-based Petrochina International and India’s Reliance Industries Ltd, official government documents showed on Wednesday.