Packer’s $350m Sri Lanka gamble confirmed

Gambling tycoon James Packer is teaming up with a Sri Lankan partner for a $350 million investment in the country’s tourism industry, including a hotel with at least 400 rooms, the island nation’s investment promotion minister says. […]





Sri Lanka’s High Commisoner to UK tells BBC: ‘RESEPCT SOVEREIGN RIGHTS, WE DO’

Sri Lanka’s High Commissioner to the UK Dr. Chris Nonis told BBC’s Wold News that Sri Lanka respects the sovereign rights of Britain and expects Britain to reciprocate in the same vein. “We respect the sovereign rights of Britain and we expect you to respect ours,” he said in an interview with BBC. […]







NSB Chairman axed

The government has sacked the Chairman of the National Savings Bank (NSB), Sunil Sirisena, over the delay in the procurement of a US$ One Billion loan from the HSBC, which NSB was expected to procure and guarantee for the government. The government was expecting the loan from the HSBC, facilitated by the NSB, which would […]



Judge arrested on bribery charges further remanded

The Homagama District Court Judge Sunil Abeysinghe who was arrested on bribery charges was further remanded till June 10 by the Colombo Chief Magistrate. Abeysinghe was arrested by the Bribery Commission on May 30 while allegedly receiving a bribe of Rs. 300,000  from a person in Hanwella area. […]







Udayan attempting to create bad image about Lanka – Maj Gen Hathurusinghe

The Udayan newspaper yesterday reported that the Sri Lanka Navy had anchored a number of its Fast Attack Craft near Kachchathivu Island. The report said the craft have being anchored there to threaten Tamil Nadu fishermen. Udayan is attempting to create a bad image about Sri Lanka among Tamils in Tamil Nadu by publishing articles […]