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Sri Lanka’s gross official reserves stood at an estimated US dollars 1.9 billion by the end of 2022, the Central Bank of Sri Lanka said today. The bank said that the gradual improvement in workers’ remittances, together with the revitalisation of tourism, helped improve the external current account balance in recent months while easing excessive […]
By R. R. M. Lilani Even though Sri Lankan politics claim to be nonaligned, supportive of all countries, and prioritize Buddhism, on January 11, 2023, a number of Chinese diplomats and their Chargé d’affaires Hu Wei hurried to the Malwathu Chapter in Kandy and warned the high prelates not to host the Dalai Lama because […]
Masked thieves removed an ATM machine in Gampola and fled, the Police said today. The Police said that four suspects had completely dismantled the ATM machine at a private bank located along the Kandy Road in Gampola. The masked men had arrived in a van and tied the security guard who was on duty at […]
The US House of Representatives on Thursday passed a resolution banning the sale of oil from the United States’ Strategic Petroleum Reserve (SPR) to China as the stockpile reaches historic lows. The House passed the Protecting America’s Strategic Petroleum Reserve from China Act along bipartisan lines in a vote of 331-97, The Hill newspaper reported. […]
Abu Dhabi ..., January 13 (ANI): India and the UAE have reached an agreement on green hydrogen development and the laying of under sea cable connecting India to the UAE under Prime Minister Narendra Modi’s ‘One Sun, One World, One Grid initiative.’ Union Minister of Power and New and Renewable Energy RK Singh and UAE’s […]
Singapore, January 13 (ANI): At the 18th Party Congress of the Chinese Communist Party (CCP) held in 2012, China had declared its ambition to be a haiyang qiangguo– that is, a strong or great maritime power, according to The Singapore Post. As per the Singapore-based publication, a ‘maritime power’ is a country that has great […]
Sri Lanka’s highest national honour is to be conferred on former Speaker Karu Jayasuriya. President Ranil Wickremesinghe is to confer the ‘Sri Lankabhimanya’ on Karu Jayasuriya ahead of Independence Day. Issuing a gazette notice, the President’s Secretary said that President, Ranil Wickremesinghe will personally confer the honour on the recipient at a Ceremony of Investitur...
Four individuals wearing masks have completely dismantled and removed an ATM machine from a private bank on the Kandy Road in Gampola last night, police said.The post ATM machine stolen from a bank in Gampola appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The Monetary Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at their current levels of 14.50% and 15.50%, respectively.
Four masked suspects have completely dismantled and removed an ATM machine from a private bank on the Kandy Road in Gampola last night, police said.
Former Minister A.H.M Fowzie has been named as Samagoi Jana Balawegaya (SJB) member Mujibur Rahuman’s replacement in Parliament. Rahuman had resigned from his seat in Parliament to contest for the post of Colombo Mayor. The Secretary General of Parliament has informed the Election Commission that a vacancy has occurred in the membership of the 9th […]
Chris Hipkins has been sworn in as New Zealand’s 41st prime minister. The 44-year-old was formally appointed to the role in Wellington, a week after Jacinda Ardern’s shock resignation. Ms Ardern, 42, had said she no longer has “enough in the tank” to lead the country. The country’s governor-general Cindy Kiro accepted her formal resignation on […]
by Rohana R. Wasala First of all, let me express my sincere respects to Mr. D. L. Sirimanne, the writer of the interesting article entitled ‘Celebrating 75th Anniversary of Independence’ (The Island/Opinion/January 18, 2023). He struck me as a venerable old man, who, at 103 years of age, still thinks about the welfare of his fellow Sri […]
Wednesday 25th January, 2023 The SLPP and the UNP are trying every trick in the book to postpone the local government (LG) elections for fear of losing them. Their leaders are ready to do everything in their power to derail the mini polls scheduled to be held on 09 March. It is against this backdrop […]
By S.K. Kaluarachchi Saman Ekanayake, Secretry to the Persident, yesterday instructed a committee appointed to investigate problems caused by a hydropower project to white water rafting to make recommendations on possible solutions Those involved in the sport around the Kitulgala area are facing issues due to the Broadlands hydropower project. The President’s Secretary issued these […]
A.H. M Fowzie s name was Gazetted this morning (25 Jan.), so as to fill in the vacancy created following former Samagi Jana Balawegaya (SJB) MP Mujibur Rahman s resignation.
Labour leader Chris Hipkins was sworn in as New Zealand s prime minister in a formal ceremony on Wednesday, following the resignation of outgoing Prime Minister Jacinda Ardern last week.
USD 3 mn Japanese grant attached to ongoing project By Shamindra Ferdinando An agreement on the much advertised cash assistance, provided exclusively to paddy farmers by the Wickremesinghe-Rajapaksa government, was finalised several weeks before then President Gotabaya Rajapaksa stepped down on July 14, 2022 amidst violent protests. The Asian Development Bank (ADB) has provided the […]
By Saman Indrajith Interest rates could be relaxed with a cash infusion via the IMF, the Central Bank officials, including Governor Dr. Nandalal Weerasinghe, told the Committee on Public Finance (CoPF) recently. Dr. Weerasinghe said high interest rates had been adopted to limit growth to prevent the need for greater foreign exchange given the dwindling […]
Pioneering insurance provider Sri Lanka Insurance Corporation (SLIC) is set to spearhead yet another year of steady growth building on the momentum of a resilient 2022. The Company illustrated its strength recording a Gross Written Premium (GWP) of Rs 20.7 billion in the Life Insurance sector and Rs 20.5 billion in the General Insurance sector. […]
As a result of sheer negligence, Sri Lanka has ended up being categorized as a perpetrator of war crimes, and those who had fought for the country are mercilessly targeted. There cannot be a better example than Air Marshal Sumangala Dias who suffered due to Sri Lanka’s failure. Canada refused to accept Dias as Sri […]
By Ifham Nizam The Ceylon Electricity Board (CEB) would do away with power cuts soon since the electricity tariff had been approved by the Public Utilities Commission (PUCSL), CEB General Manager Eng. Rohan Seneviratne said. Earlier in the day the PUCSL announced that it had approved a Cabinet proposal for a power tariff hike. The […]
38th National Junior Badminton Championships Savinaka Weerasekera of D.S. Senanayake College and Rashmi Mudalige of Gateway International School emerged Under-19 boys’ and girls’ champions respectively while Pulina Wellalage of St. Sebastian’s College, Moratuwa clinched a triple crown at the 38th National Junior Badminton Championships held in Colombo. At the annual event conducted by Sri Lanka [&...
By Ranil Dharmasena The Elections Commission (EC) will write to the Secretary to the Ministry of Finance, today (25) asking him to release the necessary funds for conducting the local council election scheduled to be held on 09 March. The EC said that they needed Rs. 3 billion as recurrent expenditure. It will send a […]
Weather forecast issued at 05.30 a.m. on 25 January 2023 by Department of Meteorology Showers or thundershowers will occur at several places in Western and Sabaragamuwa provinces and in Kandy, Nuwara-Eliya, Galle and Matara districts during the afternoon or night. Showers may occur in Eastern and Uva provinces and in southern coastal areas during the […]
In accordance with the concept of President Ranil Wickremesinghe to formally engage the youth in the country’s development, a clean green city building program has been implemented in conjunction with the 75th National Independence Day celebration, entrusting the youth with the responsibility of creating a green Sri Lanka. Accordingly, from February 3rd to 10th, cleaning […]
BBC reported that Justin Bieber has sold his share of the rights to his music to Hipgnosis Songs Capital for a reported $200m. The firm now owns the pop star’s stake in some of the biggest hits of recent years – including “Baby” and “Sorry”. Bieber, one of the best-selling artists of the 21st Century, […]