Exclusive

Publication

Byline

Passed, but high-risk: what the IMF's 5th and 6th Review actually says

Sri Lanka, May 29 -- The IMF's Executive Board signed off on Sri Lanka's combined Fifth and Sixth Reviews under the Extended Fund Facility on May 28, unlocking another SDR 508 million, roughly US$695 ... Read More


SC upholds bank's right to sue guarantor directly

Sri Lanka, May 29 -- The Supreme Court ruled that banks hold the legal authority to take direct legal action against a guarantor without first suing the principal debtor, on the condition that the gua... Read More


Over 3 kg of 'Ice' found in Baduraliya

Sri Lanka, May 29 -- A haul of drugs has been discovered inside 60 small parcels, near a road in the Thumbagalla Kanda area of Baduraliya. According to the Police reports the discovery consists of a ... Read More


Rain in several areas after 1 p.m. today

Sri Lanka, May 29 -- The Department of Meteorology, issuing a statement, announced that showers or thundershowers may occur at times today (29) in the Western, Sabaragamuwa, and North-Western Province... Read More


State of Emergency extended by another month

Sri Lanka, May 29 -- President Anura Kumara Dissanayake has issued an Extraordinary Gazette notification further extending the State of Public Emergency currently imposed throughout the country. This... Read More


Court orders lawyers to appear in Kapila Chandrasena death inquest only if summons issued

Sri Lanka, May 29 -- Fort Magistrate Pasan Amarasena directed President's Counsel Rienzie Arsecularatne and Attorney-at-Law Udara Muhandiram today (29) to appear in court to provide evidence regarding... Read More


Minor flood warning issued for Kalu Ganga basin

Sri Lanka, May 29 -- A minor flood situation could occur within the next 48 hours in the low-lying areas of the floodplain of the Kuda Ganga and Magura Ganga in the Bulathsinhala, Madurawala, and Pali... Read More


Exchange rates for US dollar fluctuate today

Sri Lanka, May 29 -- The buying price of the US dollar was recorded at 324.4550 rupees today, according to the daily exchange rates issued by the Central Bank of Sri Lanka today (29). Its selling pri... Read More


Father arrested over death of two children in mattress fire

Sri Lanka, May 29 -- The individual claiming to be the father of two children who lost their lives in a fire at a lodge in Batticaloa town was arrested by the police. A senior police officer in Battic... Read More


IDB Chairman Ravi Nissanka resigns

Sri Lanka, May 29 -- Chairman of the Industrial Development Board of Ceylon (IDB), Ravi Nissanka, has tendered his resignation, sources said. He has reportedly cited personal reasons for stepping dow... Read More