Central Bank of Sri Lanka (CBSL) on digital innovations

Technology is gradually silencing people who are decrying the unwarranted delays when dealing with commercial banks and primary dealers in various legal and monetary transactions. Thanks to various system applications, such as the Blockchain Technology, that seems to be the way forward for many countries.



Leading gangster Dileepa killed in a shootout with STF

A leading underworld gangster Dilip Rohana Rodrigo alias Dileepa was killed in a shootout with the Special Task Force (STF) personnel at Mailapitiya in Kandy yesterday.



Lost medal of Dr. Lester James Peiris found inside private bus

The Lifetime Achievement Award presented to late Dr. Lester James Peries from India, which was reported missing from his residence few days ago, has been found on an overhead rack of a Kollupitiya-Kaduwela private bus, Police said.



I am ready to take on any challenge – Minister Fonseka

Minister Sarath Fonseka who took over the reins of the Ministry of Wildlife and Sustainable Development this week said he would not yield to political pressure when it came to wildlife policies.



Rs. 1 billion building rent for 5-year-period for use by parliament; Speaker denies responsibility, points finger at government

Speaker Karu Jayasuriya has rejected newly appointed Agriculture Minister Mahinda Amaaweea’s claim that the Agriculture Ministry, situated at Rajamalwatte, was shifted to a building at Rajagiriya on a request by parliament.



Sri Lanka to sign deals with Total, Schlumberger for seismic study

Sri Lanka will sign agreements with French oil and gas major Total and a subsidiary of U.S. firm Schlumberger for a seismic study off its east coast to evaluate any prospective oil resources, a top official said on Friday.



Milk powder prices to go up

The price of milk powder will increased by midnight today, the Consumer Affairs Authority (CAA) said. Accordingly the price of 400 grams will be increased by Rs. 20 and 1 kilogram will increase by Rs. 50.



Sri Lanka targets more tourist arrivals from Middle East

Sri Lanka plans to attract more tourists from the Middle East by conducting promotion campaigns, a minister said on Thursday.



Twitter urges all users to change passwords after glitch

Twitter Inc urged its more than 330 million users to change their passwords after a glitch caused some to be stored in readable text on its internal computer system rather than disguised by a process known as “hashing”.



President orders to interdict his Chief of Staff and STC chairman

President Maithripala Sirisena has ordered to interdict his Chief of Staff Dr I.H.K. Mahanama and the Chairman of the State Timber Corporation P. Dissanayake, who were arrested by the Bribery Commission, with immediate effect.



Investigations continue into stolen awards of late Dr. Lester

The Golden Peacock Award & the Lifetime Achievement Silver Medal of Late Dr. Lester James Peries was stolen yesterday. These prestigious awards of the Late filmmaker were stolen while on display next to his mortal remains during his funeral service.



Cambridge Analytica: Facebook data-harvest firm to shut

Cambridge Analytica, the political consultancy at the centre of the Facebook data-sharing scandal, is shutting down.



JVP questions science behind reshuffle

The JVP yesterday demanded to know from the President and the government on what scientific basis the ministries had been allocated at Tuesday’s cabinet reshuffle.



Milk powder shortage in fortnight: Importers

Milk powder importers said yesterday they stopped importing milk powder from last week following its increase in the world market.



Over 32 kg gold smuggled from Sri Lanka seized in Chennai

In a span of less than 24 hours, officers of the Directorate of Revenue Intelligence (DRI), Chennai Zonal Unit, seized a total of 32.249 kg of gold valued at Indian rupees 102.15 million. It was smuggled into India by sea and being transported to Chennai for sale.



Sri Lanka’s China-backed Port City sees up to $4 billion investment interest

A Chinese-backed real estate project near Sri Lanka’s main port is in discussion with investors for up to $4 billion in investments in its first phase, the developer said on Wednesday.