Claiming that the Rajapaksa brothers have enough money parked outside the country to pay the 22 million people in this country if compensation had been ordered by the Supreme Court, TNA MP M.A. Sumanthiran said the recovery process must start now, from those who had been held responsible for the economic crisis. He told Parliament that the country’s economy can be revived just from the money parked by the Rajapaksa brothers outside the country.
Another budget has been presented. Is it merely another budget, or does it differ from those in the past? These are loaded questions, given the distinct environment in which the 2024 budget was presented. However, it seems that the 2024 budg
A total of 22,000 raids have been conducted during the past ten months, and cases have been filed against 19,000 offenders. The reports of the government analysts are to be received for the remaining incidents, and soon after receiving the reports, cases will be filed against them, Director of Consumer Affairs and Information at the Consumer Affairs Autho
The committee which probed the alleged assault of State Minister Diana Gamage at the lobby recently is to hand over its reports to the Speaker today. It was reliably learnt that the committee is divided on their conclusion, while most of the members feel that the state Minister Gamage, MPs Sujith Sanjaya Perera and Rohana Bandara should be suspended from Parliament for two months. It has also been suggested that the report should be
President Ranil Wickremesinghe yesterday unveiled a budget that could be deemed pragmatic, acknowledging the limited fiscal and political room for additional taxes, while simultaneously showcasing ambition through its revenue proposals and deficit targets to satisfy the International Monetary Fund (IMF). Contrary to expectations, the 2024 budget did not introduce new taxes or increase existing tax rates. Instead, the primary revenue propo
Senior DIG Deshabandu Tennakoon yesterday refuted the claim that he had accepted a confidential consultancy role with Sri Lanka Cricket (SLC) and asserted that if there were any substantiated proof demonstrating that he had received any form of benefits from SLC, he would promptly resign from his current position. According to letters shared on social media, SLC offered Tennakoon a secret consultancy role as an advisor to the Consultant Securit
The budget 2024 has proposed to steer the country through the same failed economic path instead of finding permanent solutions to the grave economic issues faced by the country, NPP leader Anura Kumara Dissanayake said yesterday. Commenting on the budge
A Supreme Court seven-judge-bench yesterday delivered a landmark judgment giving a broad interpretation in respect of parate execution (law which allows sale of mortgaged properties without intervention of courts), by overruling the decision of Chelliah v Ramachandran case. The Supreme Court seven-judge bench comprising Justices Buwaneka Aluwihare, Murdu Fernando, S. Thurairaja, Gamini Amarasekara, A.H.M.D. Nawaz, Kumudini Wickremasinghe and M
The Supreme Court yesterday made a declaration that the regulations issued by former President Gotabaya Rajapaksa in respect of Prevention of Terrorism (De-radicalization from holding violent extremist religious ideology) Regulations No. 01 of 2021 are not legally valid. The Supreme Court further held that these regulations are in violation of the fundamental rights of the petitioners guaranteed under Articles 10 (the freedom of thought, consci
Ports, Shipping and Aviation Minister Nimal Siripala de Silva has focused on starting several revenue-generating programmes at the Hambantota Port. Following a discussion at the ministry, it was revealed that the Sri Lanka Ports Authority (SLPA) owns 15% of the total shares of Hambantota Port, and the government has not received any dividend as no profit has been made from the Hambantota Port so far. Due to the COVID-19 pandemic and the
Dual birthday celebrations were held during the ruling party parliamentary group meeting at the parliamentary complex yesterday. Birthdays of State Minister Shehan Semasinghe and MP Sagara Kariyawasam were celebrated with the cutting of cakes, according to reliable sources. President Ranil Wickremesinghe had also participated in the celebrations.
The National Movement for Consumer Rights Protection (NMCRP) claimed that there is a huge shortage of white sugar in the local market. NMCRP head Ranjith Vithanage told the Daily Mirror that the shortage is due to the controlled price imposed on sugar. The Consumer Affairs Authority (CAA) has issued a gazette notification setting a maximum retail price (MRP) for sugar, with effect from November 3. Despite the maximum retail price for
The main suspect who allegedly made death threats and attempted to extort Rs. 1.5 million from former chairman of the Public Utilities Commission of Sri Lanka (PUCSL) Janaka Rathnayake has been arrested in Wellampitiya. Police said the suspect was arrested by the Colombo Crimes Division and that the suspect had 12 grams of ice drug in his possession at the time of arrest. The CCD launched investigations into the alleged death threats and extortio
Sri Lanka is slated to decide on manufacturing train tickets locally after 150 years with an investor who has been in the local paper industry and is set to meet government top brass to convey his plan to produce train tickets locally. Chairperson of Ceylon Eco-Friendly Products (Pvt) Ltd Udaya Gunarathne said he will engage in a meeting with the government top brass this week when he will present his project proposal of developing train tickets
EU Ambassador meets new BOI Chief to discuss economic ties
SLCERT warns WhatsApp users against sharing OTPs to prevent hacking
IMF review for Sri Lanka delayed
Canada issues travel advisory over serious risk in Arugam Bay
More countries issue travel advisories
Ill-fated KDU bus driven by driver with suspended license
Debt restructuring could collapse amid court case: RW
Nawalapitiya villagers confront Pastor Jerome