Uncategorized News

SLC uncovers possible embezzlement attempt

Sri Lanka Cricket (SLC) is in the process of recovering approximately USD 165,000 in broadcasting rights, having uncovered a possible second internal attempt…

ICC must make findings on SLC corruption public – TISL

In response to the statement made by Alex Marshall, General Manager of the International Cricket Council’s (ICC) Anti-Corruption Unit, Transparency…

Link more with Japan to face crisis: PM

Prime Minister Ranil Wickremesinghe had told a group of Ministers and economic experts that Sri Lanka should enhance its economic and trade ties with Japan as…

I used my permit, says SF

Minister Field Marshal Sarath Fonseka recently said that he had disapproved the moves of some MPs, who were engaging in scams by selling their vehicle permits.…

EPF to be listed and brought under CBSL supervision

Sri Lanka's largest retirement fund, the Employees' Provident Fund (EPF),with Rs. 2 trillion in assets will be listed in the Colombo Stock Exchange (CSE) and…

CV’s vehicle shot down by Cabinet

Northern Province Chief Minister C.V. Wigneswaran’s request for approval to import a super luxury vehicle at a cost of US$ 60,000 (Rs. 102,00,000…

Cabinet heats up over IGP

The Cabinet meeting yesterday heated up as President Maithripala Sirisena raised concerns over the conduct of the current Inspector General of Police (IGP),…

Sri Lanka down Pakistan to reach semis

The Sri Lanka under-19 team continued their winning streak defeating the Pakistan under-19 team by 23 runs in their Asia Cup match in Chittagong, Bangladesh…

Time to accelerate structural, regulatory reform in Sri Lanka: EU Ambassador

EU Ambassador to Sri Lanka Tung-Lai Margue declared yesterday that the time was ripe for Sri Lanka to accelerate structural and regulatory reforms to become a…

Should Central Bank ‘aggressively’ defend the Rupee?

Top economists and officials last week commended the Central Bank’s approach in tackling the present foreign exchange dilemma by keeping interventions to a…

PM promises 500 sports centers islandwide

Prime Minister Ranil Wickremesinghe said that 500 sports centers will be setup in schools islandwide within the next three years representing all the districts…

Duty-free permits to MPs stopped for theatric effect

The Finance Ministry, yesterday, admitted that almost all lawmakers had imported vehicles on duty free permits issued to them following last parliamentary…

MR asks whether Mangala’s statement reflects Govt’s opinion

Former President Mahinda Rajapaksa yesterday denounced Minister Mangala Samaraweera’s response to Archbishop Malcolm Cardinal Ranjith and asked whether the…

Sri Lanka injects Rs75bn to sterilize cash short

Sri Lanka has injected 75 billion rupees through a overnight and 7-day term reverse repo auction to sterilize a liquidity shortage that has cropped up amid…

Indian alleges plot to kill Prez, R’paksa family

CID revelation in Court: An Indian national with alleged links to a plot to assassinate President Maithripala Sirisena and former Defence Secretary Gotabhaya…

Temporarily suspend IGP from post – G. L. Peiris

First thing to be done in relation to the investigations being conducted regarding the conspiracy of assassinating the President and the former Defense…

Sri Lankan rupee pulls back from record low after cenbank intervention

The Sri Lankan rupee hit a record low for an eighth straight session on Friday, but closed the session firmer following intervention by the central bank,…

Opening of Sri Lanka’s First International Mall Redefines Lifestyle in Colombo

After months of preparation, The Mall at Colombo City Centre opens to the public today amidst an ambience of colourful celebrations. Conveniently situated by…

Opening of Sri Lanka’s First International Mall Redefines Lifestyle in Colombo

Youth star Parami Wasanthi Marisstella continued her record breaking run when she shattered her second distance meet record clocking 9 minutes 58.3 seconds in…

IGP is a special character – Fonseka

Minister of Sustainable Development, Wildlife and Regional Development Field Marshall Sarath Fonseka says that the allegations against Inspector General of…

Ministry mulls holding O/L, A/L exams in December

The Education Ministry said discussions are underway to hold the G.C.E. Ordinary Level and Advanced Level Examinations in December and to release their results…

Tillakaratne Dilshan hints at international return after Sri Lanka’s early exit from Asia Cup

Former Sri Lanka cricketer and opening batsman Tillakaratne Dilshan has hinted at the fact that he could make a comeback to international cricket. The…

Twist in CID probe as Nalaka changes tune: Rajitha

The arrested Police informer Nalaka Kumara has contradicted the statement he made on the alleged threats on the lives of President Maithripala Sirisena and…

Speaker promises new era of Sri Lanka-Tamil Nadu ties