China’s Sinopec is to make an initial investment of US $ 1.5 billion, the single largest Foreign Direct Investment (FDI), in building a refinery in Hambantota once the agreement is finalized within the next two weeks, a top source said. It remained a foregone conclusion in
The attorney, representing the company owner accused of importing substandard vaccines into Sri Lanka, revealed that the Criminal Investigation Department (CID) had apprehended and brought before the court a ‘small fish’ linked to the case and there are still ‘bigger fish’ involved in this matter out there. The owner of the company Aruna Dee
Ven. Pitiduwe Siridhamma Thera was strongly advised by the Mahanayake and Karaka Maha Sangha Sabha of the Malwathu Chapter to avoid making sermons by distorting Tripitaka and the Buddha’s character.
In a recent development regarding National People’s Power (NPP) Leader Anura Kumara Dissanayake’s statement about producing graphite for exportation, Samagi Jana Balawegaya (SJB) MP Harsha de Silva has provided a clarifying perspective amid the light-hearted discussions on social media.
State Minister of Tourism Diana Gamage will keep her Parliamentary seat after the Court of Appeal ruled in its majority decision that there is no merits in the writ petition which sought an order declaring that she is not qualified to be a Member of Parlia
Opposition Leader Sajith Premadasa criticised the Cabinet’s approval to increase the Value-Added Tax (VAT) to 18% and revise the electricity bill every three months, according to a statement from his office. The statement said that he argues that raising VAT is a regressive tax increase that burdens the common people, especially the poor and the working class.
Bimputh Finance Ltd, on which Daya Gamage a key member of the United National Party(UNP) and a minister in the Yahapalana government alleged to have interests, has defaulted on a loan worth Rs. 350 million borrowed from the Housing Development Finance Corporation (HDFC), the latest probe carried out by the Committee on Public Enterprises (COPE) has revealed.
The health of elephant ‘Seetha’ has taken a turn for the worse as three metal pieces continue to pose a grave threat in her chest cavity, near her heart and lungs, Peradeniya University Veterinary Medicine and Animal Science Faculty Prof. Ashoka Dangolla said. He told the Daily Mirror that the situation is getting critical and the health of the elephant is not at a satisfactory level.
CBSL further eases monetary policy stance
CBSL’s single policy interest rate mechanism comes into effect today
Sri Lanka Economic Summit in January 2025
Industries Ministry public day re-launched after four years
Third review approved by IMF, SL to get next US$ 333 million tranche
Govt. taking allegations against Adani seriously
SriLankan Airlines comes under Finance Ministry
Dr. Mahipala out from Health Ministry; removal or resignation?