Central Bank of Sri Lanka issues order slashing interest rates on lending products

The Central Bank of Sri Lanka (CBSL) has issued an order to licensed commercial banks (LCBs) and licensed specialized banks (LSBs) to reduce the interest rates on lending products with effect from August 25, 2023.



Sri Lanka President reveals strategic roadmap to transform ‘Arugam Bay’ into a high-income tourist destination

Sri Lanka President Ranil Wickremesinghe has announced the swift implementation of a comprehensive plan to elevate the Arugam Bay tourist zone into a highly desirable destination for both local and international tourists, with the potential to generate substantial revenue.



Indian envoy to EU tipped for Sri Lanka as Gopal Baglay goes to Canberra

After the superannuation of Indian Ambassador to Australia Manpreet Vohra this December, Indian Ambassador to Sri Lanka Gopal Baglay is tipped to succeed him at Canberra, while Indian Ambassador to EU, Santosh Jha, is set to replace Baglay in Colombo.



Man injured after being shot by motorcycle gunmen in Thalangama

A 44-year-old man was shot by two unidentified men who arrived on a motorcycle at Robert Gunawardena Mawatha in Thalangama this morning (August 25).



Death of a woman in Welikada Police custody: Court orders all suspects to be arrested

The Colombo Magistrate’s Court today (August 25) ordered the arrest of all suspects linked to the death of a housemaid named R. Rajakumari, who died while in the custody of Welikada Police.



Donald Trump’s mug shot released after booking at Georgia jail on election charges

Donald Trump’s mug shot was released on Thursday evening after he was booked at an Atlanta jail on more than a dozen felony charges as part of a wide-ranging criminal case stemming from the former U.S. president’s attempts to overturn his 2020 election defeat in Georgia.



Sri Lanka President congratulates Indian Prime Minister Modi on Chandrayaan-3 success

Sri Lanka President Ranil Wickremesinghe extended his heartiest congratulations to the Indian Prime Minister Narendra Modi, the Indian Space Research Organisation (ISRO) for the successful lunar landing of the Chandrayaan-3 spacecraft.



Three Sri Lankans with alleged links to LTTE arrested in India

The Central Crime Branch (CCB) of the Bangalore police in India has arrested three Sri Lankan nationals staying at an apartment in the Bangalore city.



Two persons shot dead in Mannar

Two people who were travelling on a motorcycle were shot dead in Mannar today (August 24).



Sri Lanka Holds Rates After Bank Cash Ratio Cut for Growth

Sri Lanka stood pat on borrowing costs for the first time in three meetings, after slashing the cash ratio for banks to bolster domestic liquidity and growth.



Chandrayaan-3 spacecraft lands on the moon in ‘victory cry of a new India’

An Indian spacecraft became the first to land on the rugged, unexplored south pole of the moon on Wednesday in a mission seen as crucial to lunar exploration and India’s standing as a space power, just days after a similar Russian lander crashed.



India will continue developmental assistance to Sri Lanka in every possible area: Jaishankar

India’s External Affairs Minister S Jaishankar on Wednesday pledged continued development assistance in every possible area to Sri Lanka amid its ongoing economic crisis.



Sri Lanka declares emergency on drinking water crisis

Sri Lanka’s Prime Minister Dinesh Gunawardena has called for the drinking water requirements to be considered an emergency situation.



Sri Lanka seeks enhanced air connectivity with India’s Odisha State

Sri Lanka’s High Commissioner to India Milinda Moragoda who is on a three-day official visit to the State of Odisha met Chief Minister Naveen Patnaik and discussed ways and means to enhance connectivity between Sri Lanka and Odisha, a statement from the Sri Lankan mission said.



Two Sri Lankan Parliamentarians suspended after uproar in Parliament of Sri Lanka

Two Sri Lankan parliamentarians were suspended from Parliament for the day (August 23).



Sri Lanka to provide allowances for kidney patients, disabled and elderly persons from August 25

Sri Lanka’s Treasury has transferred Rs. 2,684 million to all District Secretaries for the month of July for payments of allowances for kidney patients, disabled persons and low-income elderly citizens.