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New microfinance bill gets Cabinet approval

Sri Lanka, Sept. 24 -- The Cabinet has approved a new Microfinance and Credit Regulatory Authority Bill to establish a comprehensive regulatory framework for the microfinance sector. The proposal was... Read More


Sri Lanka moving towards a 'no-smokers zone'

Sri Lanka, Sept. 24 -- Sri Lanka is heading towards a 'no-smokers zone' due to a significant decline in smoking among young people, according to the Alcohol and Drug Information Centre (ADIC). ADIC E... Read More


SL and India reaffirm strong friendship at UNGA

Sri Lanka, Sept. 24 -- Sri Lanka's Minister of Foreign Affairs Vijitha Herath held bilateral discussions with India's External Affairs Minister S. Jaishankar on the sidelines of the United Nations Gen... Read More


Indian national arrested with 'Kush' drug

Sri Lanka, Sept. 24 -- An Indian national was arrested early this morning at Katunayake Airport after 1 kilogram and 556 grams of 'Kush' drug with an estimated street value of over Rs. 15 million was ... Read More


Arkia Airlines commences weekly flights to Colombo

Sri Lanka, Sept. 24 -- Arkia Airlines of Israel has announced that it will commence direct flights between Colombo and Tel Aviv starting today (24). These flights, which will operate once a week, are... Read More


Arkia Airlines launches direct flights to Colombo

Sri Lanka, Sept. 24 -- Arkia Airlines of Israel has announced that it will commence direct flights between Colombo and Tel Aviv starting today (24). These flights, which will operate once a week, are... Read More


Central bank keeps policy rate at 7.75%

Sri Lanka, Sept. 24 -- The Monetary Policy Board of the Central Bank of Sri Lanka has decided to keep its Overnight Policy Rate (OPR) unchanged at 7.75%. The decision was made to help guide inflation... Read More


Electricity unions to decide on further action today

Sri Lanka, Sept. 24 -- Electricity trade unions are set to decide today (24) whether to launch a full-scale strike as the third phase of their industrial action. The unions have been protesting again... Read More


Fairly heavy expected in several parts of the island

Sri Lanka, Sept. 24 -- The Department of Meteorology states that intermittent rain is expected in the Western, Sabaragamuwa, and North Western provinces, as well as in the Galle, Matara, Kandy, and Nu... Read More


CEB employees can leave with compensation

Sri Lanka, Sept. 24 -- Cabinet Spokesman Dr. Nalinda Jayatissa announced that Ceylon Electricity Board (CEB) employees who do not wish to join the four state-owned companies formed under the restructu... Read More