For this purpose, the government will provide all facilities through the Board of Investment

Wickremesinghe is budgeting in a sea of monetary instability

A Gazette Extraordinary has been issued by the Consumer Affairs Authority (CAA) imposing several conditions on the import, storing, marketing or selling of 48 items.

Mikhail Gorbachev, who ended the Cold War without bloodshed but failed to prevent the collapse of the Soviet Union, died on Tuesday at the age of 91, hospital officials in Moscow said.

An employee of a duty-free shop has been arrested while trying to smuggle 60 gold biscuits out of the Bandaranaike International Airport (BIA) in Katunayake.

Galle Face protesters ask for probe in terms of Money Laundering Act By Shamindra Ferdinando The Sarvapaskshika Aragalakaruwo (All-party Agitators) of the Galle Face protest movement has lodged a complaint with the Criminal Investigation Department (CID) seeking an investigation into Rohitha Rajapaksa’s ownership of ‘Green Eco Lodge’ hotel situated at Gongalakanda, Kolonna, in Em...

By Shiran Ranasinghe Diesel production at the Sapugaskanda Oil Refinery has dropped by 22% due to the low quality of crude oil imported through Coral Energy Company, a senior CPC official said. Senior CPC officials had repeatedly asked the Ministry of Power not to import crude or refined oil through Coral Energy. The CPC official […]

“The recent lockdowns and the increased isolation that it caused have led to an increase in mental health related issues. Hence, the need for a WhatsApp based solution is very much the need of the hour. The majority who reach out through the chat-line tend to be young Sri Lankans who are struggling to cope, […]

By CHANDRA FERNANDO Educational Consultant, USA The last few months of this year have been a time of great anxiety and much hardship for the people of Sri Lanka. No matter on which side of the political divide one stands, common problems converge into a cloud of nervousness, unease and uncertainty. Sri Lankans have not […]

Nestomalt Cycling Challenge 2022 Sri Lanka Army rider Avishka Madonza won the elite men’s race of the Nestomalt Cycling Challenge 2022 held at the Viharamahadevi Park, Colombo on Sunday. Madonza, who was also the winner of this year’s Air Force Cycling Race, finished the 48 kilometre race in a time of one hour six minutes […]

By Chitra Weerarathne The magisterial inquiry into acomplaint against Reverend Father Amila Jeevantha Pieris will continue today before the Fort Magistrate Thilina Gamage. The priest is suspected of having ignored a magisterial order and walked along York Street, Colombo Fort with some Aragalaya protesters. At the last hearing, Rienzie Arsecularatne, PC, told the Court that […]

Wednesday 31st August, 2022 Trade unions in the power and energy sectors are up in arms against a government move to restructure the Ceylon Electricity Board (CEB) and the Ceylon Petroleum Corporation (CPC). They would have the public believe that the blame for the staggering losses the two institutions have been incurring should be laid […]

Tennis Nationals 2022 Karthi Udayachandran, Aweesh Ganegoda, Meneshka Ratnasingham, Gehash Tissera, Manesh Kajan and Rehan Gunawardhana won their respective Under 16 boys’ singles matches of the Tennis Nationals 2022 continued at the Sri Lanka Tennis Association courts on Tuesday. The winners reached the round of 32 before some of the matches including that of the […]

* Compulsory tax registration for those above 18 * All above 60 to be retired * Key tax refoms proposed * Call for all-party govt. renewed President Ranil Wickremesinghe, in his capacity as the Finance Minister yesterday (30) presented an interim budget 2022 in parliament. The President said: “The Interim Budget is being presented today […]

By Shamindra Ferdinando The Sri Lanka Institute of Directors (SLID) and Transparency International Sri Lanka (TISL) recently declared corruption as the root cause of Sri Lanka’s current political and economic crisis. The declaration was made in a statement titled, “SLID and TISL launch ‘Business Against Corruption’ Initiative” issued to the media after the two organisations […]

The Department of Irrigation today (Aug 30) issued an Amber flood warning for the low-lying areas adjoining the Attanagalu Oya, Kelani River, Kalu River, Gin River and Mahaweli River.

The lapses that prevailed in the fuel distribution process have been rectified and more stocks were dispatched during the last four days, Minister of Power Energy Kanchana Wijesekera says.

"If there is no flour, we simply cannot produce,” said Jayawardena.

The Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe says that Sri Lanka has made Âgood progress in the negotiations with the International Monetary Fund (IMF), which are aimed at clinching a bailout package.

Another petition has been filed before the Court of Appeal requesting the court to punish SLPP Puttlam District Parliamentarian Sanath Nishantha on charges of contempt of court.