Boosts and bumpers in Budget

True to expectations, Finance Minister Mangala Samaraweera yesterday presented a people-friendly Budget for 2019, balanced with maintaining policy consistency and reforms for the private sector, though the Opposition and some analysts were wary.



Sri Lanka hope batsmen will fire in second ODI

When sub-continent teams come to South Africa, their batsmen fret about how to overcome the home team’s quicks as you never get anything below 140kmph here. Yet the Sri Lankans are having other problems.



Budget 2019 : Luxury vehicle taxation

The budget proposal of 2019 has imposed luxury taxation on motor vehicles. The budget states that the taxes are to be imposed on Cost Insurance Freight(CIF) value.



Full Budget Speech – 2019

The Budget 2019 was tabled in Parliament today at 2.00 PM by Finance minister Mangala Samaraweera.



Cabinet approves 2019 Budget proposal

Cabinet has given its approval for the 2019 budget. The cabinet meeting was held this morning chaired by President Maithripala Sirisena at the Presidential secretariat.



Trump plans to scrap preferential trade treatment for India

U.S. President Donald Trump looked set to open a new front in his trade wars on Monday with a plan to end preferential trade treatment for India that allows duty-free entry for $5.6 billion worth of the country’s exports to the United States.



Suspect arrested with Rs. 500 million diamond from Pannipitiya robbery

A suspect has been arrested at Keselwatte, Panadura along with a diamond valued at around Rs 500 million believed to have been stolen in Pannipitiya last year.



MR warns public not to fall for polls ‘gundus’ in today’s budget

Former President Mahinda Rajapaksa, yesterday, warned the public not to be fooled by today’s budget. He said that there would be a number of election ‘gundus’ therein.



Rs.10 billion from budget to buy stents and lenses – Rajitha

It is proposed to obtain Rs. 10.5 billion from the budget to purchase heart stents, eye lenses etc, Health Minister Dr. Rajitha Senaratne said.



Big expectations on Budget 2019

Finance Minister Mangala Samaraweera will today present the Government’s Budget for 2019 under the theme ‘Empowering the People, Nurturing the Poor,’ which will set critical policies and priorities for an election year.



MINISTER PUTS FINAL TOUCHES TO BUDGET – 2019

Finance Minister Mangala Samaraweera in conversation with Treasury Secretary Dr. R.H.S. Samaratunga while putting the final touches to the Budget – 2019 at the Minister’s “Rainbow End” private residence at Gorakana- Panadura yesterday. Minister Mangala Samaraweera will present the Budget – 2019 at 1.30 pm on Tuesday in Parliament.



20th amendment needs to change : Mahinda Rajapaksa

Opposition Leader Mahinda Rajapaksa visited the Anuradhapura sacred city yesterday morning (03).



Special court for drug-related cases

President Maithripala Sirisena has stressed the need for the establishment of a special court to hear cases related to drug crimes and plans to discuss this matter at the next Cabinet meeting.



Tamil parties declare no faith in President, PM, call for UN office in North

A delegation consisting of representatives of at least four Tamil political parties is scheduled to head for Geneva to lobby the United Nations Human Rights Council (UNHRC) for an international mechanism to speed up investigations into alleged human rights violations and accountability issues.



Sri Lanka Cricket secures US$ 11.5 million of ICC funds

Sri Lanka Cricket wishes to announce that following high level discussions with the ICC, the new Executive Committee of the SLC has successfully secured its due portion of finances from the ICC amounting to US$ 11.5 Million (over Rs: 2 Billion ) which was withheld since July 2018.



Three Underworld criminals arrested in Tamilnadu

Sanka Shirantha alias Bloemandhal Sanka, a notorious criminal and 2 others have been arrested from Rameshwaram – Tamilnadu – India.