Fuel prices reduced

The retail prices of fuel have been revised with effect from midnight today based on the fuel pricing formula, the Finance Ministry said.



Sri Lanka struggles to repay record foreign debt: PM

Sri Lanka’s prime minister said Thursday the country was struggling to pay back its ballooning foreign debt, blaming a recent political crisis for dealing a “death blow” to the economy.



Central Bank gets USD 400 million swap from RBI

Sri Lanka’s Central Bank on Wednesday said that the Reserve Bank of India (RBI) has agreed to provide $400 million under a swap arrangement to boost the island nation’s reserves.



Both major parties agree to have PC polls under PR system

Public Enterprise and Kandyan Heritage and Development Minister and Leader of the House Lakshman Kiriella told Parliament, yesterday, that both main parties had agreed to hold the elections under the proportional representation (PR) system.



ITN NEEDS COMPLETE REVAMP – MINISTER

The Independent Television Network (ITN) is a ‘den of thieves’ and the best way to reform the institution is to operate it as a “public broadcasting service,” Finance and Mass Media Minister Mangala Samaraweera told Parliament yesterday.



ICC announces amnesty to report corruption in Sri Lankan cricket

Sri Lankan cricketers have been granted a 15-day amnesty to report previously undisclosed information relating to corruption in the sport, the International Cricket Council (ICC) announced on Wednesday.



Carbon tax from Jan 1: DMT

While exempting electric cars, a Carbon Tax will be imposed on directly fossil-fueled vehicles including petrol cars from January 1, Department of Motor Traffic (DMT) Commissioner General A.H.K. Jagath Chandrasiri said today.



Sri Lanka to launch WeChat Pay for Chinese tourists

A Sri Lankan bank said on Wednesday that Chinese tourists visiting the island country could pay for their goods and services through the WeChat Pay facility in order to attract more Chinese tourists.



Shavendra Silva appointed Army Chief of Staff

Major General Shavendra Silva has been appointed as the Chief of Staff of the Sri Lanka Army, Army Spokesman Sumith Atapattu said today.



Economy would collapse at any moment – Mahinda Rajapaksa

Opposition Leader Mahinda Rajapaksa says there is a clear danger of a collapse in the economy and breakdown in the governmental mechanism of the country, due to the UNP led government and irrational provisions of the 19th Amendment.



Three new Supreme Court justices sworn in

Three Supreme Court Justices and one Court of Appeal judge have been sworn in before President Maithripala Sirisena, today (09).



President says reversals will be turned into success

President Maitripala Sirisena said that moves will be taken to fulfill the aspirations of the people, who came forward with a political revolution in 2015.The President was speaking at the ceremony to commission the Kaluganga Reservoir and Laggala Green Town at Laggala yesterday.



Sri Lanka seeks boosted bilateral trade with Pakistan

The High Commissioner of Sri Lanka in Pakistan Mr Noordeen Mohmed Shaheid has said that Sri Lanka would increase its mutual trade volume in favour of Pakistan, saying that Sri Lanka was much keen to establish strong mutual trade ties with Pakistan.



Executive Presidency unsuitable for Sri Lanka – Ravi

Minister Ravi Karunanayake says that, as a disciple of late Minister Lalith Athulathmudali, he still continues the struggle against the Executive Presidency too date.



Arundika apologises for sitting on Speaker’s chair

United People’s Freedom Alliance (UPFA) Parliamentarian Arundika Fernando yesterday (8), apologised for sitting on the Speaker’s chair on 16 November 2018.



Speaker recognizes Mahinda as Opposition Leader

Speaker Karu Jayasuriya had accepted the appointment of former president Mahinda Rajapaksa as the Opposition Leader of Parliament, Deputy Speaker Ananda Kumarasiri informed parliament today.