In accordance with the Constitution, the Presidential election is scheduled for next year, followed by the parliamentary election, President Ranil Wickremesinghe assured today despite reports that there will be Constitutional reforms instead.
A Sri Lankan-born Melbourne financial planner, Terence Rio Rienzo Nugara, accused of pilfering about $10 million from the superannuation funds of vulnerable clients, pleaded guilty in the County Court last month to 37 charges of obtaining a financial advantage by deception and two of theft, Australia’s The Age news agency reported.
President Biden suggested on Wednesday that Hamas was responsible for the Gaza hospital explosion that killed hundreds of Palestinian civilians. Speaking in Tel Aviv alongside Israeli Prime Minister Benjamin Netanyahu, Biden declared his “outrage” over the blast at al-Ahli Hospital and echoed Israeli claims that it was done by Palestinian militants.
An international, high-speed passenger ferry service between Nagapattinam on the eastern coast of Tamil Nadu and Kankesanthurai in the northern province of Sri Lanka, has resumed as of Saturday, October 14, 2023, after a gap of nearly four decades.
China has taken the front seat in Sri Lanka’s external debt restructuring process making a calculated move akin to a chessboard strategy, catching everyone off-guard, by entering a preliminary debt deal with the Sri Lanka authorities.
The Catholic Church in Sri Lanka, in a fresh letter addressed to President Ranil Wickremesinghe has called for a local probe to clear certain shortcomings that are visible in the previous probes into the Easter Sunday bomb attacks.
The Export-Import Bank of China reached a preliminary agreement with Sri Lanka last month on the disposal of China-related debts, China’s Foreign Ministry announced on Tuesday, as the island sought debt relief from its biggest bilateral lender.
The government has moved to change the parliamentary electoral system triggering fears in political circles whether it is yet another attempt to postpone the national elections including the Presidential Election pending next year, Daily Mirror learns.
Earlier this year, Transparency International Sri Lanka (TISL) filed an intervention petition before the Supreme Court, seeking permission to intervene in Case No. SC/FR 168/2021, which was filed by the Centre for Environmental Justice seeking fair compensation for the victims of the X-Press Pearl disaster, a statement from TISL said.
There will be no interference or involvement of top police officers in the investigations into the death of a police constable who was run over by an SUV at Independence Square roundabout in Colombo, Western Province Senior DIG Deshabandu Tennakoon said.
The Sri Lanka Catholic Bishops’ Conference and Archbishop of Colombo Cardinal Malcolm Ranjith hold the same view on the Easter Sunday bomb attacks and call for a local probe into it with the involvement of foreign observers.
The first monetary policy review by the Monetary Policy Board under the Central Bank of Sri Lanka Act, No. 16 of 2023 (CBA) was held yesterday and the Board decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 100 basis points (bps) to 10.00 per cent and 11.00 per cent, respectively.
Former President of the Sri Lanka Young Journalists’ Association, Tharindu Uduwaragedara today filed a Special Determination petition before the Supreme Court challenging the constitutionality of the Online Safety Bill, which was placed on the order paper of Parliament today (03).
In the wake of the International Monetary Board (IMF) revenue mobilization gains-while improved relative to last year--are expected to fall short of initial projections by nearly 15 per cent by year-end, the state coffers are deprived of a whopping Rs.500 billion annually...
Fonterra to proceed with sale process for Consumer businesses
BOI signs US$ 12.16mn deal with Celogen Lanka
Nissan to lay off thousands of workers as sales drop
EU Ambassador meets new BOI Chief to discuss economic ties
SLCERT warns WhatsApp users against sharing OTPs to prevent hacking
A clean sweep for NPP
Thai woman smuggling Kush on election night stopped at BIA
NPP’s attractive policies weaned people away from other parties: SJB