Sri Lankan Rupee has depreciated further against the US Dollar, informed the Central Bank of Sri Lanka (CBSL).

The Consumer Affairs Authority (CAA) today imposed maximum retail prices for non-packeted and packeted white sugar as Rs.100 and Rs.105 respectively per kilogramme with effect from midnight today.

At least 50 passengers were injured when an SLTB and a private bus collided head on at Lunugamwehera on the Hambanthota-Wellawaya Main Road this afternoon, police said.

President Vladimir Putin says Russia maintains traditionally friendly relations with Sri Lanka and is interested in closer trade and economic cooperation, including in fishery, agriculture and tourism.

Former President Mahinda Rajapaksa yesterday said at present there was only a proposal on the table to form a coalition government and re-iterated that there had been no discussions in this regard as yet.

Colombo Fort Magistrate Lanka Jayaratne yesterday refused to accept the Attorney General’s observations sent in a confidential letter on allegations against prosecution counsel in the bond issue inquiry when it was taken up yesterday.

The Tangalle High Court today sentenced 10 individuals to death over the murders of 6 persons of the same family at Angunakolapelessa in 1998.

A fire broke out in the leading retailing chain store Cool Planet building at Pelawatte, Battaramulla a short while ago, the Fire Brigade said.

There are serious allegations and news reports regarding the destruction of archaeological sites in the country and information has been circulating with the intention of instigating racial and religious tensions by certain unscrupulous elements, Higher Education and Cultural Affairs Minister Wijeyadasa Rajapakshe said.

A newlywed couple got something new on their honeymoon after they bought the hotel where they were staying following a drunken night.

Sri Lanka rejected on Wednesday US claims that China might establish a “forward military base” at a strategic port leased to Beijing by the indebted Indian Ocean island nation.

The Ministry of Finance says that fuel prices have been increased with effect from midnight today (10), based on the new fuel pricing formula.

The current government’s needlessly self-destructive overemphasis of corruption and the oft-repeated ‘debt mountain’ scared away foreign investors who lost faith in the country’s administrative and financial system, Dr Nalaka Godahewa, former chairman of the Securities Exchange Commission (SEC) told the media at the Patriotic Professionals’ press briefing held on Monday.

In accordance with the pricing formula activated by the Ministry of Finance, there is the possibility of the price of fuel being increased from today said the general secretary of the Ceylon Petroleum Corporation Trade Union D.J. Rajakaruna.

The Sri Lankan government has been the most successful in Asia when it comes to managing the current currency depreciation crisis affecting countries in the region, Finance and Media Minister Mangala Samaraweera said yesterday.