The Board of Investment of Sri Lanka (BOI) has issued a letter of approval to India’s Adani Green Energy Limited, for the two wind power plants to be set up in Mannar and Pooneryn at an investment of US$ 442 million.
The CID informed Colombo Chief Magistrate Prasanna Alwis that the maid who worked at businessman Onesh Subasinghe’s house in a statement had said she heard Subasinghe’s wife saying to him “I can’t eat Sri Lankan food. I can’t stay here. I want to go back to my country. If you don’t let me go, I will kill you.”
The delay in China’s positive response in restructuring Sri Lanka’s debt has been the only obstacle in securing the International Monetary Fund (IMF) bailout at the moment, Justice Minister Wijeyadasa Rajapakshe said.
President Ranil Wickremesinghe has assured the Sangha Committee of the Malwathu and Asgiri Chapters that he would appoint a competent authority to the Pali and Buddhist University, Presidential Media Division (PMD) said.
The Criminal Investigations Department (CID) who are investigating the death of billionaire businessman Onesh Subasinghe who was found dead in a serviced apartment in Jakarta recently revealed that the businessman had been threatened with death on several occasions in Sri Lanka allegedly by his Brazilian wife.
Environmentalists have expressed concern about the ongoing environmental damage to the Karandagaswewa Forest Reserve, a highly sensitive environmental zone by the upcoming Deep Jungle Music and Cultural Festival which is scheduled to kick off in Habarana tomorrow.
A 20-member US delegation team comprising high-level defence officials arrived in the country in two special aircraft of the United States Air Force last night at the Bandaranaike International Airport (BIA), the Daily Mirror learns.
The Criminal Investigations Department (CID) will send a team to Indonesia to probe and assist in the investigation into the death of billionaire businessman Onesh Subasinghe who was found dead in a serviced apartment in Jakarta recently if required.
President Ranil Wickremesinghe said that the economy could not be built through the reconciliation alone and the economic development rate of the country depends on the attitude and commitment of the people, President’s Media Division (PMD) said.
Japanese giant Mitsubishi Corporation has decided to wind up operations in Sri Lanka next month after being an integral part of bilateral ties and some of the country’s key infrastructure projects for nearly 60 years.
The aggrieved party of late businessman Dinesh Schaffter today informed court that they have noticed several contradictions and inconsistencies in the postmortem report compiled by the Colombo Judicial Medical Officer.
The country has lost an estimated revenue of Rs.1 billion due to several crucial sectors launching a protest today, inconveniencing millions of citizens and leading to roads being blocked in the business hub of Colombo, senior economists said today.
A circular has been issued by the Inland Revenue Department exempting employees from paying PAYE tax on non-cash benefits such as for vehicles, fuel allowances, housing and medical benefits which have been provided to employees at their places of employment.
In another human trafficking scheme, nearly 100 young Sri Lankan graduates, mostly men have been lured to work in the Golden Triangle Special Economic Zone (SEZ) in Laos, known as the home of Southeast Asia’s transnational organised crime networks.
The Paris Club members have expressed their commitment to negotiate a debt restructuring with Sri Lanka in accordance with the comparability of treatment principle and with the goal of restoring debt sustainability, the President’s Media Division (PMD) said today.
Senior and highly respected business leader Chandra Schaffter yesterday spoke his heart out about his youngest son Dinesh and his untimely death on 15 December. Here is the full text of Chandra’s statement first since the death of Dinesh, a young investor, entrepreneur and philanthropist, exclusively in the Daily FT
President Ranil Wickremesinghe said regardless of the obstacles the anarchist political forces seek to create, he will continue the new reform program with the majority of people who love this country.
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