The Ceylon Electricity Board (CEB) officials argue that going by the present losses, a tariff hike of between 10 and 20 per cent is needed for their debt ridden institution to break even. However, there are moves from a number of quarters to minimise the percentage of the hike. […]

Sri Lanka’s foreign minister Sunday condemned a “preposterous” UN-commissioned report alleging war crimes in his country, revealing he stopped Canada raising it at a Commonwealth meeting. […]

The Ministry of Fisheries in collaboration with the Bank of Ceylon has started a new pension scheme under the name ‘Diyawara Diriya’ for the fishing community. […]

The main two causes for the recent increase in fuel prices, according to CPC Chairman Harry Jayawardena is the increase in crude oil prices in the global market and the providing of oil to the Ceylon Electricity Board (CEB) at a concessionary price. […]

Slamming the government for the fuel price hike, the main opposition UNP said today that institutions including Mihin Lanka and SriLankan Airlines owes the Ceylon Petroleum Corporation (CPC) instead of putting the burden on the people to meet the losses. […]

Lanka Private Bus Owners Association (LPBOA) President Gemunu Wijeratne yesterday gave effective notice of an impending bus fare hike with the government increasing the price of diesel by eight rupees per litre. […]

The Sajith Group is to chargesheet UNP leader Ranil Wickremesinghe for allegedly violating the party constitution inspite of Thursday’s Working Committee ruling that members have to obtain the leadership’s permission to hold press conferences or public meetings. […]

United Nations Secretary General Ban Ki- Moon, his Chief of Staff Vijay Nambiar and former UK Defence Secretary Liam Fox have reportedly commended Sri Lanka’s resettlement and rehabilitation process, during a meeting with Sri Lanka’s Human Rights Special Envoy, Minister Mahinda Samarasinghe in New York yesterday. […]

Sri Lanka’s success in economic progress and development during the past six years was due to the consistency and clarity in its economy, President Mahinda Rajapaksa said. […]

Defence secretary Gotabhaya Rajapaksa vehemently rejects the accusations made by the opposition. He points out that the opposition is always engaged in propagating false propaganda about the degradation of peace and law in the country. Now the country is experiencing a rapid economic growth. The crimes that prevailed during the war period have been gradually […]

Sri Lanka yesterday invited all those who level charges against it, to visit the country and see for themselves the progress it has made since the eradication of terrorism and the peaceful environment and ethnic coexistence that exist in the island. […]

A Horana school teacher who had allegedly given 20 canings and slapped a Grade Nine schoolboy was taken into custody by the police and produced before Horana Chief Magistrate Mahinda Ranasinghe. […]

President Mahinda Rajapaksa said that the truth behind Sri Lanka’s humanitarian operation would be revealed once the Lessons Learnt and Reconciliation Commission Report is out. “Very soon, the LLRC Report will be out. […]

SINGAPORE, Oct 25 (Reuters) – Sri Lanka’s state owned company Ceylon Petroleum Corporation (Ceypetco) has reinstated Switzerland-based Vitol in its tender process, lifting a two-year old ban, Minister of Petroleum Industries Susil Premajayantha said on Tuesday. […]

AFP News Report Australian leader Julia Gillard on Tuesday urged Sri Lanka to address claims of serious human rights violations as a man filed war crimes charges against President Mahinda Rajapakse. […]

The Justice Ministry will introduce tough legislation to strictly control the import, distribution, production, exhibiting, telecasting, printing or broadcasting of pornographic material in Sri Lanka, a senior official said today. […]