Latest Sri Lanka News and Top Stories

Sri Lankan rupee forwards eased slightly in dull trade on Tuesday as importer dollar demand surpassed greenback sales by banks amid growing uncertainty after the announcement of new tax hikes weighed on the currency, dealers said.

President Maithripala Sirisena has appointed a special committee to make recommendations to the Government regarding the steps that should be taken immediately on nationwide power failure…

Sri Lanka will soon introduce new laws to allow foreign capital to enter the micro-finance sector, Central Bank Governor Arjuna Mahendran said.

President Maithripala Sirisena today directed army to be deployed to provide security for all Ceylon Electricity Board installations and substations in the country.

Yoshitha Rajapaksa and four others, who were arrested and remanded on money laundering charges, have been granted bail by the Colombo High Court today.

Secretary to Power and Renewable Energy Ministry Dr. Suren Batagoda said that tripping of substation at Biyagama may have caused yesterday’s countywide power outage.

Chairman of the Ceylon Electricity Board Anura Wijepala has decided to step down from his post.

“The representatives of the reconciliation should visit not only the North, but also the South. They should educate the people in the North and the South about the reconciliation process”, says President Maithripala Sirisena.

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

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

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

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.