President Ranil Wickremesinghe said that the agreements reached at Climate Change Conference (COP 27) failed to place the nations of the world on a complementary and progressive course of redress, Presidential Media Division (PMD) said.
Just five official foreign visits undertaken by former President Gotabaya Rajapaksa and former Prime Minister Mahinda Rajapaksa in 2021 alone had cost the state more than Rs. 40 million, according to details provided by the Presidential Secretariat and the Prime Minister’s Office on a directive issued by the Right to Information Commission.
Sri Lankans can now hold $10,000 worth of the Indian rupee (INR) in a physical form, though the INR would not be legal tender in Sri Lanka, after India approved a Sri Lankan request to designate the INR as the foreign currency.
People in the North and East tend to leave the country due to the dire economic situation where some have gone to Tamil Nadu, Vietnam and Ukraine in the last six months.
The Civil Aviation Authority has paid a bill of Rs.60,000 to Sri Lankan Airlines Catering Services for the refreshments served at the Gold Route Service during the arrival of former Finance Minister Basil Rajapaksa last Sunday, after the Daily Mirror exposed that Basil had not paid for the food or the VIP lounge service.
If Sri Lanka misses the December target, which now appears to be bit of a stretch, the country could still activate the International Monetary Fund (IMF) rescue package to unlock US$ 2.9 billion over a four-year span as very good progress is being made in the debt restructuring front, particularly with the country’s bilateral lenders.
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.
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.
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.
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).
As of yesterday, the Supreme Court has the power to award the death penalty to anyone for possession of five grams of crystal methamphetamine, which is known as ‘ice’, Justice and Prisons Affairs State Minister Anuradha Jayaratne said.
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.
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.
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.
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.
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.
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.
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 Lankan citizens woke to shocking news last morning of a national cricketer facing allegations of sexual assault in Australia during the T20 World Cup.
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.
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.
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.
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.
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....
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.
The new income tax rules for individuals are set to come into effect from December and not from 1 October as referred to in the Inland Revenue Amendment Bill.
Controversial Sri Lankan cricketer Danushka Gunathilaka is still only a suspect in the incident, and if he is proven guilty, Sri Lanka will enforce all its laws against him, Sports and Youth Affairs Ministry Secretary Dr. Amal Harsha de Silva said.
Sri Lanka has been through many storms in recent months with the economic crisis, political crisis, a change in leadership, protests, a rise in HIV and now the latest to hit the country’s youth - a rise in the dangerous chemical sex, especially among Colombo youth.
Power and Energy Minister Kanchana Wijesekara said fuel prices would not be revised this week and requested the dealers to place orders for their requirements.
Opposition Leader Sajith Premadasa and several members from the SJB were today seen leaving the anti government protest site after they failed to move past the human barricade set up by the police.
As the 21st amendment was passed in Parliament recently, the question which has now hit the House by storm is which MP is a dual citizen? While silent whispers and internal talks continue among the parliamentarians, no name has still come to light with almost all departments remaining tight lipped over it.
Sri Lanka has been through many storms in recent months with the economic crisis, political crisis, a change in leadership, protests, a rise in HIV and now the latest to hit the country’s youth - a rise in the dangerous chemical sex, especially among Colombo youth.
Power and Energy Minister Kanchana Wijesekara said fuel prices would not be revised this week and requested the dealers to place orders for their requirements.