EU provides Rs. 810 mn in technical assistance to modernise Sri Lanka’s agricultural sector
The European Union has launched a Rs. 810 million project to support the modernization of Sri Lanka’s agriculture sector, according to a statement i...
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Samurdhi Bank to be made state rural bank
Prime Minister Ranil Wickremesinghe will look to develop the Samurdhi Bank further into a state rural bank for the benefit of the public. At a discus...
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Summons on BBC journalist: CID regrets inconvenience caused
The Criminal Investigations Department (CID) has informed BBC correspondent in Sri Lanka, Azzam Ameen, that it was not necessary for him to visit the ...
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Fuel prices to increase
Fuel prices are to increase from midnight tonight, the Ceylon Petroleum Corporation (CPC) said today. Accordingly, the price of a litre of Octane 92 ...
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NO PLAN TO TAKE OVER SAMURDHI BANK - GOVERNOR
There has been no decision to take over the Samurdhi Bank under the Central Bank, Central Bank Governor, Dr. Indrajit Coomaraswamy said. The Governor...
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Govt postpones presenting new KDU Bill
The Government yesterday (11), postponed presenting the General Sir John Kotelawala National Defence University Bill to Parliament. The Bill was lis...
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Sri Lanka among Top 16 in Miss Universe 2017
Sri Lanka’s Christina Peiris today became the first ever Miss Sri Lanka to enter the Top 16 at a Miss Universe pageant in the 21st century after 62 ...
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LIOC hails Govt. decision to implement pricing formula
Despite marginal price revisions in March, still suffering losses as price hike was only partial Following the implementation of pricing formula ...
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$1B target by 2020 with right policies – Gem and Jewellery Assn
Sri Lanka can achieve the US$ 1 billion gem and jewellery export revenue by 2020, provided the right policy framework is in place along with the lif...
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NDB records Rs 2.7 bn PBT in 1Q 2018
The National Development Bank PLC (NDB) closed the first quarter ending March 31, 2018 on a high note with impressive growth in profitability and busi...
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Int’l schools to be regulated
The Government is expected to reintroduce a mechanism to register and regulate international schools in the country. As per a Cabinet proposal, submit...
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Fuelling hikes!
Fuel prices hiked across the board Sri Lanka continues to have highest subsidised fuel prices in the South Asian region, even after the revisio...
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Speaker consents to the National Audit Bill
Speaker Karu Jayasuriya has informed the Parliament that the Supreme Court (SC) has determined that the National Audit Bill is in accordance with the ...
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Nationwide inflation contracts to 2.8%
Nationwide inflation during March this year contracted to 2.8 per cent year-on-year from 3.2 per cent recorded in February 2018 as food inflation decl...
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Israeli strike in Syria kills 15
The Syrian Observatory for Human Rights said on Wednesday an Israeli attack on Iranian military facilities south of Damascus had killed at least 15 pe...
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Google pitches artificial intelligence to help unplug
Google unveiled Tuesday an artificial intelligence tool capable of handling routine tasks -- such as making restaurant bookings -- as a way to help pe...
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Fire erupt at BIA
A fire broke out at an electrical home appliance storage unit of the duty-free shopping mall at the Bandaranaike International Airport (BIA) this morn...
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Reshuffled Cabinet to convene today
The reshuffled Cabinet is scheduled to convene for the first time today under the patronage of President Maithripala Sirisena. As the new Parliamenta...
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Sri Lanka creates special courts for Rajapakse-era graft
Sri Lanka's parliament Wednesday voted to set up special courts to try multi-billion dollar graft cases under former president Mahinda Rajapakse. The ...
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Teejay Lanka’s Q4 pre-tax profit up 27% to Rs 501.6 million
Teejay Lanka PLC has reported profit before tax of Rs 501.7 million at Group level for the final quarter of 2017-18, to end a challenging year with a ...
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India remains Sri Lanka’s major trading partner followed by China in 2017
Sri Lanka’s exports surpassed US $1 billion for the fifth time propped up by apparel which topped $5 billion and considerable growth of 42 per cent ...
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PUCSL to decide today
Ceylon Electricity Board Engineers’ Union’s (CEBEU) President, Saumya Kumarawadu, the head of Sri Lanka’s most influential professional trade un...
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Unemployment records 5-year low
Sri Lanka’s unemployment rate improved to 4.2 per cent in 2017, to record a five year, as the Department of Census and Statistics recorded only 358,...
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