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President Ranil Wickremesinghe announced the establishment of a new development bank aimed at providing financial support to industrialists in Sri Lanka. This initiative will offer industrialists the opportunity to obtain loans at low interest rates. Additionally, the President revealed plans to set up an Economic Commission to oversee these activities. A new institution, “Enterprise Sri […]
The Criminal Investigations Department (CID) has launched an investigation into popular model and actress Piumi Hansamali. The CID obtained approval from the Maligakanda Magistrate to obtain the records of 19 bank accounts belonging to Hansamali. It was reported that the investigation was launched following allegations that Hansamali has acquired substantial properties through organized crime. Acc...
A minor tremor was reported off Vavuniya, Tuesday night, the Geological Survey and Mines Bureau (GSMB) said. The tremor measured 2.3 on the Richter scale and there were no reports of any damage. The tremor was recorded at the seismic stations at Pallekele, Mahakanadarawa and Hakmana. However, the GSMB said there was no threat of […]
The Minister of External Affairs of India, Dr. Subrahmanyam Jaishankar will assert India’s strongest support to Sri Lanka, when he undertakes an official visit to Colombo on Thursday. During this visit, the External Affairs Minister of India is scheduled to pay courtesy calls on President Ranil Wickremesinghe and Prime Minister Dinesh Gunawardena. The visiting Indian […]
Honda Motor Company with the support of Colombo Crime Division (CCD) have begun taking steps to combat the illicit sale of counterfeit spare parts. Recently, several criminal raids were conducted in Kurunegala, Rathnapura, Homagama and Panchikawatte areas, which resulted in the arrest of several dealers who were involved in the distribution of counterfeit spare parts […]
Vladimir Putin said Russia and North Korea have ramped up ties to a “new level,” pledging to help each other if either nation is attacked in a “breakthrough” new partnership announced during the Russian president’s rare visit to the reclusive state. Thousands of North Koreans chanting “welcome Putin” lined the city’s wide boulevards brandishing Russian and North Korean flags and […]