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World Bank approves US$ 150mn to support Lanka's reform agenda

Sri Lanka, July 1 -- The World Bank's Board of Executive Directors approved US$150 million in financing to support Sri Lanka's reform agenda aimed at boosting investment, strengthening competitiveness... Read More


First Capital urges shift to safer short-term bonds

Sri Lanka, July 1 -- Investors are being told to put their long-term ambitions and retreat to the safer, short end of the market as Sri Lanka's economic recovery shows signs of severe strain. A repor... Read More


Sri Lankan rupee makes marginal gains against the USD

Sri Lanka, July 1 -- The selling rate of the United States dollar slightly reduced to Rs. 341.09 today (1), according to official data released by the Central Bank of Sri Lanka. The indicated buying ... Read More


Wimal slams government over 'two arrests a day'

Sri Lanka, July 1 -- Former Minister Wimal Weerawansa claims the current government prioritises arresting two people per day instead of implementing development programmes. He made this remark while r... Read More


Five arrested over Malabe dansala clash

Sri Lanka, July 1 -- Five suspects involved in an assault incident that circulated on social media were arrested by the Malabe Police. The Police Media Division stated the suspects are aged between 1... Read More


Minister: President inherited a bankrupt treasury, not a magic wand

Sri Lanka, July 1 -- President Anura Kumara Dissanayake did not receive a magic wand when taking office, but rather a bankrupt treasury, according to Trade Minister Wasantha Samarasinghe. He made the... Read More


Major General (Rtd) Sallay suspends hunger strike

Sri Lanka, July 1 -- Retired Major General Suresh Sallay, the former director of the State Intelligence Service, decided to end his hunger strike. Reports indicate he reached this decision following ... Read More


Sugeeshwara Bandara further remanded

Sri Lanka, July 1 -- Colombo Fort Magistrate Pasan Amarasinghe ordered the further remand of Sugeeshwara Bandara, leader of the New Peoples Front and former personal secretary to former President Gota... Read More


81-year-old woman arrested with narcotics

Sri Lanka, July 1 -- The Colombo Central Division Criminal Investigation Bureau reports the arrest of an 81-year-old woman with 728 grams of ICE worth Rs. 700,000 today (01) during a special raid cond... Read More


Hiru Media Network celebrates 28 years of excellence

Sri Lanka, July 1 -- Today marks the 28th anniversary of Hiru. Established in 1998, Hiru celebrates 28 years, as a pioneer in the Sri Lankan media landscape. Within a remarkably short span, Hiru ros... Read More