The Committee on Public Finance (CoPF) approved the Recovery of Loans by Banks (Special Provisions) (Amendment) Bill which was amended to facilitate legal provisions for the suspension of the Parate Law till December 15, 2024.
May Day was observed yesterday in the country and elsewhere across the world, but the question remained whether it was done in a befitting manner as usual in Sri Lanka with politics taking center stage rather than the rights of workers.
In a surprising move, Samagi Jana Balawegaya (SJB) leader Sajith Premadasa, in a meeting with a delegation of the Communist Party of China (CPC), has offered to play a mediatory role between two Asian giants implying India and China, the Daily Mirror learns.
The National People’s Power (NPP) yesterday accepted the official invitation for the political debate to be held by the Daily Mirror and Lankadeepa, with the three main presidential candidates while the Samagi Jana Balawegaya leader Sajith Premadasa is yet to confirm his participation.
Ahead of the presidential election, the government has allocated Rs.100 million for each divisional secretariat area for development projects and instructed the ruling party MPs to accelerate implementation of them, Daily Mirror learns.
The Fox Hill Super Cross 2024 racing event, held in Diyatalawa today (21), turned tragic as a race car veered off the track, resulting in the deaths of seven individuals including an eight-year-old child and leaving over 20 others hospitalized with injuries.
Tax payers will have to cough up as much as Rs. 45 million as the cost of conducting yet another three-day parliamentary debate on the Easter Sunday attack for the fourth time, with uncertainty looming whether it will be a meaningless exercise with key questions unanswered once again.
The Sri Lanka Navy brought ashore the seized narcotics, including 179 kgs and 906 gms of Crystal Methamphetamine (ICE) and 83 kgs and 582 gms of heroin, which were seized yesterday in the seas approximately 133 nautical miles (about 246 kms) off Dondra, south of Sri Lanka.
The Asian Development Bank’s (ADB) annual flagship economic publication, the Asian Development Outlook (ADO) April 2024, forecasts Sri Lanka’s economy to record moderate growth of 1.9% in 2024 and 2.5% in 2025 following 2 consecutive years of contractions.
Chinese President Xi Jinping , in his recent meeting with Prime Minister Dinesh Gunawardena, has reportedly stressed the need for ‘fair and transparent’ environment for Chinese companies to invest in Sri Lanka.
Incumbent President Ranil Wickremesinghe is likely to contest the Presidential election under an entirely new symbol other than the elephant or flower bud, Senior Presidential Advisor and UNP senior Ashu Marasinghe said.
Sri Lanka is hard-pressed against time to reach agreements with creditors including bondholders before June, when the third tranche of the International Monetary Fund (IMF) extended fund facility is expected, Daily Mirror learns.
The Daily Mirror and Lankadeepa extends an invitation to the three main Presidential candidates - Ranil Wickremesinghe, Anura Kumara Dissanayake and Sajith Premadasa for a LIVE presidential debate on their economic and political policies and their pledges in moving the country forward if they win the upcoming Presidential election scheduled to be held in October.
Former President Maithripala Sirisena who is at the centre of controversy over his latest remarks that he is aware of the mastermind behind the Easter Sunday carnage will be forced to place all his cards on the table when Parliament takes up a fresh debate on the matter during the next sitting week.
Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022 while the country still faces elevated poverty levels, income inequality, and labor market concerns, said the World Bank’s latest bi-annual update.
The Attorney General’s Department has implemented the action recommended by the Presidential Commission which probed the Easter Sunday attacks while it is up to other institutions to act, Minister of Justice Wijedasa Rajapakshe told Parliament today.
On the heels of the massive raid conducted on ’Spas’ in the Negombo area resulting in the detection of two HIV cases, illegal spas and Ayurvedic spas that secretly offer prostitution services are facing imminent closure in many parts of the island, Daily Mirror learns.
Opposition MPs Mano Ganesan and Kavinda Jayawardene today called for the immediate arrest of former President Maithripala Sirisena and to interrogate him regarding the remark he made on Friday, stating that he is aware of the mastermind behind the Easter Sunday attacks.
Owing to President Ranil Wickremesinghe’s economic initiatives and the peaceful environment fostered within the country, the arrival of foreign tourists has risen, Airport and Aviation Services (Sri Lanka) Ltd. Chairman Athula Galkatiya said.
Refuting allegations of faulty auspicious times during the Sinhala and Tamil New Year, the State Astrologers’ Committee justified the designation of auspicious times for performing Sinhala New Year rituals at night, claiming that they wanted the most suitable time for the rituals despite practical difficulties.
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