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FUTA won’t join strike against power tariff hike

The Federation of University Teachers (FUTA) will not take part in the strike the Co–ordination Committee of the Trade Union Alliance (CCTUA) will hold on May 21 against the electricity tariff increases, The Island learns. It has, however, pledged solidarity with CCTUA. […]






Inflation elevated, reserves low: IMF

The IMF warned Sri Lanka that inflation was elevated and cautioned the Central Bank against easing monetary policy, while international reserves were low. It said a new phase of reforms were needed to ensure a sustainable fiscal position, achieve low and stable inflation, safeguard financial stability, and support high and inclusive growth over the medium […]






Azath Salley released

Former CMC member and National Unity Alliance General Secretary Azath Salley, who was receiving treatment at the Colombo National Hospital under CID custody, was released today. […]



Sakvithi Ranasinghe released on bail

Alleged billion-rupee fraudster Sakvithi Ranasinghe has been released on bail by the Nugegoda Magistrate this morning. The financial fraudster Sakvithi Ranasinghe and his wife were arrested on 10. August 2010 […]




Air Arabia suspends flights to Mattala

Air Arabia, the only international carrier that flew to Mattala Rajapaksa International Airport (MRIA), is believed to have either cancelled or temporarily suspended its flights to the newly built second international airport in southern Sri Lanka. […]



PUC approves electricity tariff revision

The Public Utilities Commission (PUC) has approved the revised electricity tariff proposal based on the directive given by the President to grant concessions to low income customers, the Secretary of the Power and Energy Ministry said. […]




Court rejects panel to examine Duminda’s health

The Magistrate inquiring the non summary trial against Parliamentarian Duminda Silva and thirteen others over the killing of former Presidential advisor Bharatha Lakshman Premachandra and three others at Mulleriyawa on October 8, 2011 observed that calling for a panel of medical specialists to determine the condition of Mr. Silva’s health was unnecessary. […]