Ministry Rental Scam Costs Millions To State Coffers
Startling revelations have now emerged of how the Chief Accounting Officer of the Ministry of Agriculture deliberately disregarded the directives of t...
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Capital market worried over stalemate at SEC
Chairman and Commissioners re-appointed for 6 months but SEC Act specifies appointments must be for full 3-year term Confusion leads to Commiss...
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Arjuna shuts down fuel pricing formula
Minister points out decision has to be made by Govt. Insists intention is to minimise losses incurred by CPC Personally opposes introducing pr...
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Harsha de Silva summons Monetary Board
The financial crisis-hit Information and Communication Technology Agency of Sri Lanka (Private) Limited (ICTA) is attempting to transfer its abandoned...
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Sri Lanka national inflation slows to 3.2-pct in February
Inflation in Sri Lanka, as measured by the National Consumer Price Index (NCPI) slowed to 3.2 percent in February 2018 from 5.4 percent in January, on...
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From Night Watchmen To Guardians Of The City: The Evolution Of Sri Lanka Police
In 1805, police functions expanded from the maintenance of law and order to include the detection and prevention of crime. The rank of Police Constabl...
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No Minister involved in Kandy incidents - Rajitha
FIVE SLPP MEMBERS AMONG 314 ARRESTED: As investigations into the riots in Kandy continue, co-cabinet spokesperson Minister Rajitha Senaratne stron...
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Rajapaksa occupies Opposition Leader’s seat
Former President Mahinda Rajapaksa sat on the seat reserved for the Opposition Leader of Parliament by mistake yesterday.Former President Rajapaksa’...
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Listing large companies a must - CSE
Financial freedom must be given to State owned large enterprises to reach out to capital markets for their funding requirements, said Colombo Stock Ex...
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Behind a growing social fissure
In Sri Lanka, the relationship between the Sinhala Buddhist majority and the Muslim minority has steadily deteriorated since the end of the civil wa...
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The Shakib episode and its consequences
The smooth functioning of the Hero Nidahas tri-nation T20 series was sullied by an incident involving Bangladesh captain Shakib Al Hasan which to say ...
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SLR yet to obtain Rs 9.78 M from Pvt Co
Sri Lanka Railways (SLR) is yet to obtain a sum of Rs 9.78 million from a private firm, on a contract granted to them to renovate railway carriages an...
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Landmark ‘The One’ development to cost over $ 500 m investment to redefine urban regeneration in Col
Construction of ‘The One’ commenced in September 2017 and Phase 1 due to be completed in December 2021 Mega project includes two luxury hote...
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Senior Cabinet Ministers urge President,PM to work together
Several high ranking Cabinet Ministers urged the President and Prime Minister to work together and iron out their differences if any for the bettermen...
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Kasun says wife acted in defence
Southern Provincial Council Member K.K. Kasun who is in remand over an alleged assault case attended a meeting of the Southern Provincial Council yest...
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Policy blunder causes govt Rs 3 bn tobacco revenue
The tax revenue from Tobacco to the government coffers have dropped by Rs 3 billion and this is expect to continue, said Founder Research Intelligence...
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2017 sinks to slowest economic growth in 16 years
Department of Census and Statistics releases official GDP data for 2017 Economy grew by 3.1%; agriculture down by 0.8%; industry grows by 3.9%, s...
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Bowlers have to step up on good pitches – Hathurusingha
Bangladesh include star all-rounder Shakib Al Hasan for crucial match: Sri Lanka head coach Chandika Hathurusingha said that his bowlers will have t...
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Malik woos top Japanese investors at Tokyo Investor Forum
Japanese businesses must take advantage of Sri Lanka’s strategic location, preferential market access into key economies, and be an early mover in t...
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SL becomes ‘socially’ democratic again!
After days of intense pressure to lift restrictions on social media, President Maithripala Sirisena yesterday issued instructions to unblock Facebook,...
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‘SL has high use of internet, smartphones but very low on e-commerce’
Sri Lanka’s internet and smartphone use has grown to a considerably high level in recent years but e-commerce users among them are still low-with un...
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Protest at UN against anti-Muslim violence in Sri Lanka demands minorities' protection
Sri Lankan Muslims and supporters have demanded that the world organisation act to ensure that minorities are protected in the island nation and those...
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Seychelles seeks Sri Lanka’s technical support to improve fisheries industry
High Commissioner of Seychelles in Sri Lanka, Conrad Mederic, has requested State Minister of Fisheries and Aquatic Resources Development, Dilip Wedaa...
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