Sri Lanka’s Economy suffers worst contraction in 2022

Sri Lanka’s economy shrank 7.8% in 2022 from the previous year, government data showed on Wednesday, as the country struggled with its worst financial crisis in more than seven decades.



Chinese Embassy donates uniform material for Sri Lanka Police

The Chinese Embassy, on Wednesday (March 15) handed over a donation of material to the Government of Sri Lanka as a donation for the production of police uniforms.



Sri Lanka’s public workers strike to press for lower taxes, power bills

Public employees at Sri Lanka’s ports, hospitals, schools, and railways went on strike on Wednesday to protest against high costs of living as the country struggles to recover from a severe financial crisis.



Zahran Hashim’s wife granted bail

Zahran Hashim’s wife Fathima Hadiya was granted bail by the Kalmunai High Court.



Sri Lankan Rupee further depreciates against U.S. Dollar

The Sri Lankan Rupee (LKR) has further depreciated against the US dollar (USD) today (March 15).



CEYPETCO Chairman says sufficient petrol & diesel processed to maintain normalcy

Over 300 loads of 6,600 litres of petrol and diesel have been processed so far to maintain normal operations, the Chairman of the Ceylon Petroleum Corporation (CEYPETCO) and Ceylon Petroleum Storage Terminal Limited (CPSTL), M. U. Mohamed said.



“Harak Kata” and “Kudu Salindu” brought back to Sri Lanka by CID

A team of Criminal Investigation Department (CID) officers has brought back the notorious drug dealers and criminal figures Nadun Chinthaka alias “Harak Kata” and Salindu Malshika Gunaratne alias “Kudu Salindu” to Sri Lanka this morning (March 15).



Many trade unions in Sri Lanka are on strike today (March 15)

A number of trade unions attached to several sectors are on strike today (March 15) against the conduct of the government, including the electricity tariff hike, the unfair tax policy revision and other such unpopular decisions that were taken.



Locomotive Engineers decide to launch strike for 24-hours

The Locomotive Operating Engineers’ Association of Sri Lanka Railways have declared a 24-hour strike effective from midnight today (March 14).



Sri Lanka President to form a Committee to explore possibilities in providing clinical training for Private Medical Students

Sri Lanka President Ranil Wickremesinghe has decided to appoint a Committee to identify suitable government hospitals to be used as Teaching Hospitals to provide clinical training for Private Medical Students.



Banks lift overseas spending limits imposed on credit cards as dollar liquidity improves

Several credit card issuers have lifted the limits that hitherto had on overseas use, as they saw their foreign currency conditions improving substantially in the recent times, providing them a lot more room to allow their cardholders with higher spending thresholds when they travel overseas.



Trade Unions warn of Countrywide Strikes on March 15

Several trade unions, including doctors, port workers and state bankers had engaged in their trade union actions against the government’s move to impose a huge PAYE tax, increase electricity bills, and increase bank interest rates.



Sri Lanka’s Postal Service declared as essential service

Sri Lanka’s Postal Service has been declared as an essential service by the President Ranil Wickremesinghe via an extraordinary gazette dated March 13, 2023.



Sri Lanka Government decided to expand fuel distribution

Sri Lankan President Ranil Wickremesinghe said that the government has taken a principled decision to expand the distribution of fuel which is expected to commence shortly.



Court issued arrest warrant for Wimal Weerawansa

The Colombo Chief Magistrate’s Court today (March 13) issued an arrest warrant for Parliamentarian Wimal Weerawansa for not being present in Court in connection with a case filed against him by Cinnamon Garden Police.



USD 500 million entered the market in seven days – CBSL Governor

Around USD 500 million entered the market within a period of seven days, the Governor of the Central Bank of Sri Lanka, Nandalal Weerasinghe said.