Sri Lankan Rupee drops to new low

The Sri Lankan has depreciated against the US Dollar, today (04), to a new record low as the selling rate closed at Rs 171.42.



National Economic Council discussed about the current status of the country’s economy

The National Economy Council was gathered under the patronage of President Maithripala Sirisena at the Presidential Secretariat, yesterday (03) with the participation of the officials from the public and private sectors, intellectuals as well as vice chancellors of universities.



Only Constitutional Council can remove IGP – Minister

Only the Constitutional Council has the authority to take decisions with regard to the Inspector General of Police, Co-cabinet spokesman Health Minister Dr. Rajitha Senaratne said.



ICC continues investigation of ‘serious’ corruption allegations in Sri Lanka

The International Cricket Council anti-corruption unit is in Sri Lanka to continue investigations into serious allegations of corruption.



NY Times allegations: CID commences probe

The Criminal Investigation Department had commenced recording statements in connection with the New York Times report which alleged that a Chinese company had funded the campaign of former President Mahinda Rajapaksa in January 2015.



Prime Minister leaves for Norway

Prime Minister Ranil Wickremesinghe will leave for Norway on an official tour today. The Prime Minister will hold bilateral talks with Norwegian Prime Minister Erna Solberg…



Polgolla bus bombing in 2008: Five years RI for ex-LTTEers

Four suspected to be former members of LTTE who pleaded guilty of conspiring to explode a bomb inside a private bus plying from Matale to Kandy near the Polgolla Open University in 2008 were yesterday sentenced to five years rigorous imprisonment by the Colombo High Court.



Current monetary policy appropriate to address prevailing imbalances in external sector: CB Governor

The Central Bank will maintain interest rates unchanged in order to defend the rupee and will use other methods to arrest the current volatile situation which stems from external pressures, Central Bank Governor Indrajit Coomaraswamy said yesterday.



Beneficiaries of free education should fulfill duty towards the motherland – President

President Maithripala Sirisena says during the past three and a half years, the government has done a lot to strengthen the free education system as the future of the country and the nation depends on educated citizens.



Next year’s annual state expenditure will be Rs 4,376 billion

As per the Appropriation Bill, which was presented to the Cabinet recently by Finance and Media Minister, Mangala Samaraweera, next year’s annual state expenditure will be Rs 4,376 and the budget deficit will be Rs.644 billion which is 4.1% of the GDP.



Sri Lanka may introduce laws banning FB for minors: Minister

Sri Lanka may have to introduce laws to ban minors using Facebook in the wake of several countries having done so, Children’s and Women’s Affairs Minister Chandrani Bandara said yesterday.



Actor Sunil Premakumara passes away

Actor Sunil Premakumara has passed away this morning (02) at the age of 62, while receiving treatments at the General Hospital, Colombo.



Premier lauds progress achieved by Police in crime control

Prime Minister Ranil Wickremesinghe said the Police Service has achieved a great degree of development and progress today and this has enabled it to control crime to a great extent.



As Chinese influence grows, Japanese warship visits Sri Lanka

Japan’s largest warship, the Kaga helicopter carrier, sailed into Sri Lanka’s Colombo harbor this weekend, marking Tokyo’s highest profile salvo in a diplomatic battle with China for influence along the region’s vital commercial sea lanes.



Train fares increased

The minimum charge will not be changed under the revision of train fares effective form 01-10-2018 as announced in the 2018 Budget, the Railways Department said in a statement.



Indian youth arrested at BIA for smuggling Ice worth Rs 5.8 million

Indian national was arrested with Methamphetamine (Ice) worth Rs 5.8 million in his possession by Police Narcotics Bureau officials at the Bandaranaike International Airport (BIA) this morning.