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The Government has decided to sell its shares in Sri Lanka Telecom PLC (SLT) and Lanka Hospitals PLC. The Secretary to the Treasury informed the two state owned companies that the Cabinet of Ministers has granted approval in principle for the divestment of the stakes held by the Government in the two companies. Sri Lanka […]
The Secretary to the Treasury has informed the Board of Directors of Sri Lanka Telecom PLC (SLT) and Lanka Hospitals PLC that the Cabinet of Ministers has granted approval in principle for the divestment of the stakes held by the Treasury Secretary in the two companies.
The Central Bank of Sri Lanka (CBSL) is to take legal action on pyramid-type schemes operating in Sri Lanka. CBSL has requested the Attorney General to take steps to file legal action against such schemes. The CBSL has launched an investigation into Fast 3Cycle International (Pvt) Ltd (F3C), Sport Chain App, Sports Chain ZS Society […]
[…]The post Elitism – A Hidden Downfall Factor appeared first on Colombo Telegraph.
[…]The post The Criteria For The Selection Of The New Inspector General Of Police appeared first on Colombo Telegraph.
Maldives Parliament Speaker Mohamed Nasheed briefed the People’s Majlis today on talks being held between the International Monetary Fund (IMF) and Sri Lanka. Avas Online quoted Nasheed as telling the Maldives Parliament that he was informed the IMF is discussing a recovery package with Sri Lanka. He said the IMF is expected to reach an […]
Dimuth Karunaratne wants to step down as Test captain after the Ireland Tests next month. It is an ongoing conversation with the Sri Lanka selectors, who have not accepted his resignation yet. But after four years in the job, and with a fresh World Test Championship (WTC) cycle looming, Karunaratne – who turns 35 in […]
The Central Bank of Sri Lanka (CBSL) has requested the Attorney General to consider instituting criminal proceedings against three pyramid-type prohibited schemes operating in the country.
New Zealand completed an innings and 58-run victory over Sri Lanka in the second Test in blustery Wellington to sweep the series 2-0 as the tourists’ resistance finally broke late on day four. Having been asked to follow-on, Sri Lanka needed 416 runs to make the hosts bat again but were bowled out for 358 […]
[…]The post ‘Contemporary Issues In Socio-Economic Development’: A Timely Publication By Kelaniya University appeared first on Colombo Telegraph.
Dimuth Karunaratna says he has informed the Sri Lanka Cricket (SLC) selection committee that he will step down from the Test team s captaincy after the Ireland tour of Sri Lanka in April this year.
The Ministry of Agriculture says that measures will be taken to provide TSP fertilizer (Mud Fertilizer) free of charge from today (March 20) to all 1.2 million paddy farmers in Sri Lanka, after three cultivation seasons.
Despite a strong resistance by Sri Lanka’s lower order, three wickets apiece by Tim Southee and Blair Tickner helped bundle out the visitors for 358 to help New Zealand clinch the second Test at the Basin Reserve in Wellington by an innings and 58 runs, on Monday. With the win, the hosts also sealed the […]
The Executive Board of the International Monetary Board (IMF) will meet today (March 20) to consider Sri Lanka’s bailout package of $2.9 billion for approval.The post IMF Executive Board considers Sri Lanka’s loan facility for approval today (March 20) appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The Inland Revenue Department (IRD) has decided to accept individual income tax file records only via online from the tax year 2023 - 2024.The post Inland Revenue Department (IRD) to accept Income tax files via online from April 1 appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Half-centuries by Dinesh Chandimal and Dhananjaya De Silva notwithstanding, New Zealand maintained a dominant position at Lunch of Day 4 of the Basin Reserve Test, in Wellington. The hosts bagged three wickets in the morning session on Monday while Chandimal and Dhananjaya’s 126-run stand for the fifth wicket helped reduce the deficit to 167 as […]
Investors are betting that Sri Lanka will win final approval for about $2.9 billion bailout from the International Monetary Fund on Monday, a key step for the bankrupt nation to revive its economy from the worst crisis in decades.
The largest capacity crawler crane in Sri Lanka was unloaded at the Hambantota International Port. The crane, with a 750-ton lifting capacity, will be initially used for Hiruras Wind Power Project in Mannar. The German built Liebherr brand crane was being used in Japan and has now been imported to Sri Lanka for civil projects. […]
The Bar Association of Sri Lanka (BASL) is to wage a battle to preserve the independence of judiciary from the pressure being asserted from the nation s executive, said the legal body s chairman Saliya Peiris on Sunday, emphaising that attempts were being made to systematically ignore court rulings.
By N Sathiya Moorthy At a time when parent JVP is running high in opinion polls month after month in the post-Aragalaya period, NFF founder Wimal Weerawansa has been beating what seems to be a dead electoral horse that his one-time SLPP alliance leader has supposedly become. His recent ‘revelation’ that Namal Rajapaksa was a […]
All eyes will be on Washington today as the Executive Board of the International Monetary Fund (IMF) meets to decide on the Extended Fund Facility (EFF) arrangement for Sri Lanka. Peter Breuer, Senior Mission Chief for Sri Lanka, Asia and Pacific Department, IMF and Masahiro Nozaki, Mission Chief for Sri Lanka, Asia and Pacific Department, […]
President Ranil Wickremesinghe emphasized that the Royal College cricket team's effective captaincy ultimately led to the team's victory at a time when all of the matches were being lost and that his effort is to lift the defeated country to the path of victory similar to what the captain of the Royal College cricket team did.
Central Bank Governor Dr. Nandalal Weerasinghe told the media, on Sunday, that the country’s dollar crisis could be managed as the IMF was set to approve a 2.9 billion-dollar bailout package on Monday. He said that Sri Lanka now had adequate foreign reserves for imports for essential sectors. Dr. Weerasinghe added that the IMF package […]
Ali Sabry responds to accusations By Shamindra Ferdinando Opposition MP Gevindu Cumaratunga yesterday (19) alleged that the Wickremesinghe-Rajapaksa government was going ahead with a project launched by former Justice Minister Ali Sabry with the backing of President Gotabaya Rajapaksa to conduct Law College examinations only in the English medium, much to the disadvantage of Sinhala […]
The Bar Association of Sri Lanka (BASL) has urged President Ranil Wickremesinghe not to appoint as the IGP any officer who is facing fundamental rights or criminal cases or allegations of unlawful activity.The BASL has released to the media its letter to President Wickremesinghe, dated 17 March 2023. “It is understood that the office of […]
The SJB yesterday (19) said that the Supreme Court (SC) would be moved against Treasury Secretary Mahinda Siriwardana for refusing funds for the conduct of the local government elections. A party spokesperson told The Island, on behalf of SJB General Secretary and MP Ranjith Madduma Bandara, that Attorney-at-Law Sampath Wijewardena had informed Siriwardena of his party’s decision. […]
The Excise Department says its revenue for the first two months of this year has dropped by 12.2 percent, compared to the income it received during the first two months last year. Excise Commissioner General Saman Jayasinghe said that during the first two months of the year 2022, his Department had received Rs 28.6 billion […]
By Reemus Fernando Royal beat the odds to register a stunning 180 runs victory against their arch-rivals S. Thomas’ at the 144th Battle of the Blues at the SSC on Saturday. It was a victory no one saw coming as the outfit trained by Rohan Soysa entered the annual battle as underdogs. Royal’s back-to-back defeats […]
H One, the leading Microsoft Solutions Provider in Maldives and Sri Lanka, has announced its partnership with Dhiraagu, the premier telecommunications and digital services provider in the Maldives.The partnership is aimed at expanding H One’s reach and service delivery capabilities in the Maldives market and aims to offer the highest quality services to customers compared […]
BMICH, Sri Lanka’s iconic landmark, organized a special programme for its lady staff members to celebrate International Women’s Day and to acknowledge the significant contribution, by the ladies of the BMICH/BCIS staff, to make the institution the most service oriented award winning organization in Sri Lanka. “We are delighted to have a strong and dedicated […]