Lower interest rates have pushed the demand for housing loans up, resulting in housing prices soaring by over 20% from the 2Q 2020 level which is in stark contrast to apartment and land prices. Higher cost of construction triggered by the import controls may also be keeping the house prices buoyant.
A large stock of narcotics, including over 200 kilograms of crystal methamphetamine or commonly known…
President Anura Kumara Dissanayake will leave for Japan on September 27 for a four-day official…
The Colombo High Court has ordered that the case filed by the Attorney General against…
A hotel owned by Mrs. Ajantha Rupasari Herath, wife of former North Central Province Governor…
A cache of weapons, including firearms and ammunition, has been discovered on a plot of…
Sri Lanka’s credit card debt expanded at a slower pace in July, even as overall…