Curtailing inflation critical to avert Zimbabwe-like scenario

Although the prevailing high interest rate regime may discourage investments, Central Bank (CB) Governor Dr. Nandalal Weerasinghe asserted that curtailing inflation is more critical for the survival of businesses over low interest rates and to avert a Zimbabwe-like scenario.

Civil Aviation pays for food served during Basil’s arrival at BIA following Daily Mirror exposure

The Civil Aviation Authority has paid a bill of Rs.60,000 to Sri Lankan Airlines Catering Services for the refreshments served at the Gold Route Service during the arrival of former Finance Minister Basil Rajapaksa last Sunday, after the Daily Mirror exposed that Basil had not paid for the food or the VIP lounge service.

CB Governor gets candid about his salary, perks

The Central Bank Governor Dr.Nandalal Weerasinghe today rubbished the claims that he is receiving a salary of Rs.2.5 million along with a pension from the International Monetary Fund (IMF).

Will not allow another Aragalaya: President warns

President Ranil Wickremesinghe said today he would not allow another Aragalaya and that he would use security forces to prevent such a move.

Budget passed with a majority of 37

Second reading of the budget was approved by a majority of 37 votes in Parliament with 121 members voting in favour while 84 voted against.

Mrs. Grand International 2022 alleges she was asked for sexual bribes

Magen Ratata Organization President Sanjaya Mahawatte claimed that the Sri Lanka representative for Mrs. Grand International 2022, Chamika Withanawasam, had allegedly been asked for sexual bribes.

Police Commission Chairman greets Basil at BIA: SJB asks Speaker to oust him

The Samagi Jana Balawegaya (SJB) today questioned the presence of Police Commission Chairman Chandra Fernando and member M. P. Perera at the airport to welcome former Minister Basil Rajapaksa, and wanted them sent out of the commission.

Tax experts say revenue estimates in Budget 2023 overly optimistic

Accounting and tax experts expressed skepticism over the overly optimistic tax revenue estimates in Budget 2023 amid a shrinking....

Basil returns

Former Finance Minister Basil Rajapaksa returned to the country this morning to a grand welcome at the BIA.

FIFA tickets in Qatar most expensive in history: Keller Sports

As football fans across the world are heading towards Doha, Qatar, for 2022 FIFA World Cup this weekend, they will be paying the highest price ever for the tickets, a study reveals.

Reality TV stars involved in brawl at café; Star suffers head wounds

The Thalangama Police has initiated an investigation into a brawl involving several reality TV stars including artist Lawan Abhishek’s brother Shanaka Udeesha who is featuring in a weekday leading television drama ’Sangeethe’.

Wealthy Sri Lankans in Australia come to Danushka Gunathilaka’s rescue

Sri Lankan cricketer Danushka Gunathilaka who was granted bail under strict conditions by a Magistrate Court in Sydney yesterday will reside in a wealthy Sri Lankan citizen’s house as he will have to provide an immediate local address to the Australian Police, the Daily Mirror learns.

Danushka Gunathilaka granted bail on sexual assault charges

Sri Lankan international cricketer Danushka Gunathilaka has been granted bail on sexual assault charges after a court heard he had the support of the Sri Lankan cricket association and government and a surety of $150,000 was offered.

It’s too late for SL to seek IMF assistance: Champika

The National Council Sub Committee on Economic Stability has determined that Sri Lanka has been too late to seek IMF assistance.

Danushka returns to court as new details emerge

Sri Lankan cricketer Danushka Gunathilaka has returned to court a day before he asks it to review his bail conditions.

CB offers strongest defence against calls for lower tax rate on forex earnings

Staging strong defence against those who sought preferential tax treatment on foreign exchange earning companies, Central Bank Governor, Dr. Nandalal Weerasinghe yesterday questioned whether the decades-long practice of taxing the exporters and others who earn in foreign currency lower had delivered the country the desired objectives.

Proposed ganja cultivation may destroy the crippled nation: Ven. Sobitha Thera

Any attempt to legalize the cultivation of cannabis (ganja) by naming it as ’’Triloka Patra’’ is the beginning of the downfall which will completely pulverise the already-crippled nation, Ven. Omalpe Sobitha Thera said.

IGP, Public Security Ministry Secy summoned by SLHRC

The Inspector General of Police (IGP) and Public Security Ministry Secretary were summoned by the Human Rights Commission of Sri Lanka (SLHRC) to inquire into possible violations of human rights following the arbitrary actions by policemen these days.

President pledges to introduce new economic order to suit new world order

President Ranil Wickremesinghe today pledged to introduce a new economic order to suit the new world order and highlighted that Sri Lanka will embark on this new path through the 2023 budget.

Sri Lanka women’s rugby team captain missing in Korea

The captain of the Sri Lanka women’s rugby team, Dulani Pallekondage, who has come to South Korea to participate in the second leg of the Asia Rugby Sevens Series, has gone missing after the tournament.

Police begin probe against cops harassing female cops, protestors

A special police investigation has been launched against the Panadura South HQI and his team after they were caught on camera physically assaulting female protestors and female cops who were on duty.

SLC struggle to raise $200,000 bail deposit for Danushka Gunathilaka

Sri Lanka Cricket (SLC) is struggling to raise a second bail deposit of Australian 200,000 dollars for Sri Lankan Cricketer Danushka Gunathilaka which has to be submitted to a magistrate court early next week to appeal for bail once again, the Daily Mirror learns.

CPC increases diesel, kerosene prices from tonight

The Ceylon Petroleum Corporation (CPC) has revised the price of a litre of diesel and Kerosene with effect from tonight.

Court imposes travel ban on Diana Gamage

The Colombo Chief Magistrate’s Court today issued an order directing the Controller-General of Immigration and Emigration to prevent State Minister Diana Gamage from leaving the country until November 17.

Dollar- starved govt pays US $ 10mn demurrage for fuel shipments

The dollar-starved government paid as much as US $ 10 million as demurrage during the last six months for shipments of fuel, Daily Mirror learns .

On Jacqueline Fernandez’s bail hearing, court says, ’Why not arrest her?’

As a Delhi court on Thursday heard the bail plea of Jacqueline Fernandez in connection with the ₹200 crore money laundering case, the court asked why the Bollywood actor has not yet been arrested.

More than 9,000 public complaints against Police misconduct

A total of Nine thousand two hundred ninety five public complaints have been lodged against Sri Lanka Police with the National Police Commission (NPC) during the last five years, documents show.

Productivity-based revenue sharing model gaining traction in estate sector

The Regional Plantation Companies (RPCs) last week said that the much-resisted productivity-based revenue sharing wage model is now gaining traction among the estate sector stakeholders amid....

CID quizzes actors Sangeetha Weeraratne, Jeewan Kumaranatunga, his wife Shereen Kumaranatunga over their involvement with Thilini

The Criminal Investigations Department (CID) has recorded statements from former Deputy Minister and vetaran actor Jeewan Kumaranatunga, his wife Shereen Kumaranatunga and popular artist Sangeetha Weeraratne in connection with their alleged involvement with the owner of Thico Group (Pvt) Ltd Thilini Priyamali.

More complaints surface against SL cricketers during Australia tour

A 3-member investigation panel consisting of Justice Sisira Ratnayake (retired high court judge) has been appointed to initiate an inquiry into the alleged incident involving player Danushka Gunathilaka and other complaints which seem to have come to light against some other players, the Daily Mirror learns.