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‘Tax on gold imports has helped save valuable foreign exchange’ Business

‘Tax on gold imports has helped save valuable foreign exchange’

Central Bank's imposition of a 15 percent tax on gold imports really helped to prevent foreign exchange from going out of the country, Central Bank Governor Dr…

14 May 2018
Free ambulance service for whole country with new outlook Crime

Free ambulance service for whole country with new outlook

The ’1990′ pre-hospital care-free ambulance service will get a boost shortly with the introduction of legislation to expand the service to cover the whole…

14 May 2018
Norochcholai Coal Power Plant could affect Jaya Sri Maha Bodhi: Ecologist Technology

Norochcholai Coal Power Plant could affect Jaya Sri Maha Bodhi: Ecologist

The toxic acids evaporated from the Norochcholai Coal Power Plant could pose a threat to the Jaya Sri Maha Bodhi, the oldest living tree of the world with a…

14 May 2018
Heavy rains displace about 8,000 in Galle region Weather

Heavy rains displace about 8,000 in Galle region

About 2,000 families have been displaced by heavy rains in the Galle region on Saturday night (12), according to the Disaster Management Centre (DMC).…

14 May 2018
Prez urged to reveal names of 108 persons funded by Aloysius Uncategorized

Prez urged to reveal names of 108 persons funded by Aloysius

President of Inter Company Employers Union and the National Organizer of Voice against Corruption Wasantha Samarasinghe today urged President Maithripala…

14 May 2018
Presidential-aspirant Gota gets going on Vision 2030 Politics

Presidential-aspirant Gota gets going on Vision 2030

Former Defence Secretary Gotabaya Rajapaksa addressing the Viyathmaga Forum at Shangri La Hotel yesterday Over 2,000 professionals and business leaders attend…

14 May 2018
EU provides Rs. 810 mn in technical assistance to modernise Sri Lanka’s agricultural sector Business

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 issued by…

12 May 2018
Samurdhi Bank to be made state rural bank Uncategorized

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 discussion held…

12 May 2018
Summons on BBC journalist: CID regrets inconvenience caused Uncategorized

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 CID. The…

12 May 2018
Fuel prices to increase Crime

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 petrol has…

12 May 2018
NO PLAN TO TAKE OVER SAMURDHI BANK - GOVERNOR Uncategorized

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…

12 May 2018
Govt postpones presenting new KDU Bill Uncategorized

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 listed in the…

12 May 2018
Sri Lanka among Top 16 in Miss Universe 2017 Uncategorized

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 years. The…

11 May 2018
LIOC hails Govt. decision to implement pricing formula Technology

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 by the…

11 May 2018
$1B target by 2020 with right policies – Gem and Jewellery Assn Uncategorized

$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 lifting of the…

11 May 2018
NDB records Rs 2.7 bn PBT in 1Q 2018 Uncategorized

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 business…

11 May 2018
Int’l schools to be regulated Uncategorized

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, submitted by…

11 May 2018
Fuelling hikes! Uncategorized

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 revision Govt. to…

11 May 2018
Speaker consents to the National Audit Bill Uncategorized

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…

10 May 2018
Nationwide inflation contracts to 2.8% Business

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 declined. The…

10 May 2018
Israeli strike in Syria kills 15 Uncategorized

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 people,…

10 May 2018
Google pitches artificial intelligence to help unplug Technology

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 people…

10 May 2018
Fire erupt at BIA Uncategorized

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 morning,…

10 May 2018
Reshuffled Cabinet to convene today Uncategorized

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 Parliamentary session…

10 May 2018