Despite the sharp electricity tariff revision in August, it would not be enough to cover the Ceylon Electricity Board’s (CEB) operating costs, according to Fitch Ratings. The government increased the average electricity tariff by 75 percent in August 2022, amid higher feedstock costs, resulting in large losses for the CEB.

The Governor of the Central Bank of Sri Lanka (CBSL) says the Budget 2023 concentrates on recovering the economy and how to stabilize it moving forward.

Sri Lankan President Ranil Wickremesinghe as the Minister of Finance has started presenting the Budget Speech 2023 at 01:30 PM today (November 14).

Hirunika Premachandra and 14 others have been arrested by the Cinnamon Gardens Police during a protest against harassment staged in Colombo 07 this afternoon (November 14).

Sri Lanka unveils a budget on Monday attempting to put the South Asian government’s finances in order, with reforms to advance a $2.9 global billion bailout from the island’s worst financial crisis since independence in 1948.

Sri Lanka President Ranil Wickremesinghe in his capacity as the Minister of Finance will present the 2023 budget to Parliament tomorrow (November 14) aimed at creating long-term, stable economic growth.

A special police investigation has been launched against the Panadura South HQI after they were caught on camera physically assaulting female protestors and female police officers during a protest in Pallimulla, Panadura yesterday (November 12).

Sri Lanka President Ranil Wickremesinghe reiterated that whatever superpower enters the Indian Ocean, there should not be any threat to India.

With the recent increase in the price of diesel, there will be no bus fare revision at this time, the Lanka Private Bus Owners’ Association (LPBOA) said.

An inmate who escaped from the Kandakadu Rehabilitation Centre during a clash on Sunday (November 06)  has been found in the Welikanda, Sinhapura forest.

The Ministry of Foreign Affairs says it is working closely with the relevant parties for the early release of 08 Sri Lankan nationals who are parts of the 26-member crew of the oil tanker MT Heroic Idun, which was detained by Equatorial Guinea in early August.

The Ceylon Petroleum Corporation (CEYPETCO) has revised the price of a litre of diesel and Kerosene with effect from tonight.

The Colombo Fort Magistrate’s Court has ordered the Fort Police to record a statement from former Sri Lanka President Gotabaya Rajapaksa.