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Government explains $2.35 bn liability treatment in reserve calculations

Sri Lanka, May 20 -- Deputy Finance Minister Anil Jayantha Fernando told Parliament yesterday (19) that Sri Lanka's $2.35 billion in dollar liabilities owed to domestic banks are not deducted from the... Read More


Fuel QR System to continue

Sri Lanka, May 20 -- Deputy Minister of Finance and Planning, Anil Jayantha Fernando, announced that the QR code system for fuel distribution will continue to remain in operation. Speaking in Parliam... Read More


UN Mid-Year Update: Global growth downgraded amid Middle East crisis and rising inflation

Sri Lanka, May 20 -- The global economy is facing renewed pressure as the ongoing Middle East crisis weakens growth prospects, pushes inflation higher, and increases uncertainty in financial markets, ... Read More


Southwest monsoon establishes over island

Sri Lanka, May 20 -- The southwest monsoon is gradually establishing over the island, the Department of Meteorology announced in a statement. Showers or thundershowers will occur today at times in th... Read More


President promises no future war in Sri Lanka

Sri Lanka, May 20 -- President Anura Kumara Dissanayaka emphasised that the past, where people of the same country were divided due to the extremist agendas of opportunistic and power-hungry politicia... Read More


Former SIS chief produced before court today

Sri Lanka, May 20 -- The former head of the State Intelligence Service (SIS), Suresh Salley, who is detained under the Criminal Investigation Department (CID), was brought to the Colombo Fort Magistra... Read More


8 drivers arrested for working under influence of drugs

Sri Lanka, May 20 -- Eight drivers and a conductor, working in passenger transport buses, were arrested for operating under the influence of toxic drugs, by the Kalutara South Police station. The sus... Read More


Nadu rice price drop

Sri Lanka, May 20 -- Price of a kilogram of Nadu rice in the market dropped to 100 rupees, the United Rice Producers' Association informs. The president of the association, Mudith Perera, said that t... Read More


Police arrest two who aided shooting

Sri Lanka, May 20 -- The Galle District Crime Division arrested two suspects for aiding and abetting the fatal shooting of a person by a group in Galle. An armed group arriving in a car carried out t... Read More


Four granted bail in Kapila Chandrasena's murder case

Sri Lanka, May 20 -- Four persons accused of aiding and abetting the murder of former SriLankan Airlines Chief Executive Officer Kapila Chandrasena, were granted bail by Colombo Additional Magistrate ... Read More