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Sri Lanka has updated the European Union on ongoing efforts to amend a Prevention of Terrorism Law after arrests of a minority poet, a top police detective among other incidents prompted warnings that GSP+ trade preferences may be…
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The Government has taken a firm decision to fine Rs.100,000 from traders selling rice above the stipulated prices mentioned by the Government effective from July 1. Agriculture Minister Mahindananda Aluthgamage said the Gazette…
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Prime Minister Mahinda Rajapaksa yesterday inaugurated the development of 500 Villages islandwide as “Saubhagya Production Villages”. The first three villages under the programme,namely Mandaramnuwara in Nuwara Eliya, Uduiriyagolla in…
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The Jaffna District Development Committee (DDC) has rejected the allegation made by Tamil National Alliance, Jaffna District MP M.A.Sumanthiran that Chinese nationals are engaged in road projects in the North. Jaffna District…
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United National Party General Secretary Palitha Range Bandara yesterday said the Party can make a strong comeback soon. This is with a number of local authority members who left the Party in the recent past returning to the fold…
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The disturbed investor confidence amidst the sluggishness in some illiquid stocks further hampered the ASPI movement for the third consecutive day and commenced the new month on a negative note. Thus, the All Share Price Index…
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After a strenuous audit process and reviewing the evidence presented to the Airports Council International (ACI) Airport Health Accreditation evaluation process, Mattala Rajapaksa International Airport (MRIA) has been accredited by…
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The Colombo Stock Exchange (CSE) and CHEC Port City Colombo signed a Memorandum of Understanding (MoU) to enhance the capital markets in Sri Lanka by taking advantage of the Port City Colombo’s special emphasis of the Colombo…
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With recent changes by the Department of Foreign Exchange, it will become easier for corporations to take advantage of the low international borrowing costs to finance their operations. Under the new mechanisms, foreign borrowing can…
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Sri Lanka Insurance (SLI) declared the largest ever life insurance bonus in the country amounting to Rs. 8.6 billion for the year 2020 to its life insurance policyholders, recording the largest life insurance bonus ever to be declared…
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