Sri Lanka’s former Ambassador to Russia Udayanga Weeratunga was questioned by the Criminal Investigations Department (CID) today on the MiG-17 fighter jet deal. Weeratunga appeared before the CID today after he was issued summons. Speaking to reporters later Weeratunga said that he was questioned once again today over the MiG deal. He said that the […]

Market awaits for directions from the central bank's August 18 policy rates announcement

Market down for 2nd time in 14 straight sessions

Rajapaksa resigned from the presidency after mass protests against the worst economic crisis since Independence.

The proceeds received on or after August 12 will not be required to be converted immediately, CBSL said.

Let me begin with two anecdotes. In the 1960s, my father would pull into the local Shell petrol shed and a smiling pump attendant, smartly attired in a uniform (khaki shirt and shorts) would come up to the driver’s side and inquire what was needed. While petrol was being pumped, the attendant would wipe the […]

By Neville Ladduwahetty “Relationship Not Normal, Can’t Be…”: S Jaishankar On India-China Ties As reported by a NDTV Staff Writer (13 Aug, 2022}, “External Affairs Minister S Jaishankar on Friday said that India-China relations cannot be normal unless border situation is and added that if China disturbs the peace and tranquility in border areas, it […]