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Sri Lanka's 2027 government expenditure to rise 12.6% to Rs. 4.99 trillion

Sri Lanka, Oct. 20 -- Sri Lanka's total government expenditure is projected to increase 12.6% year-on-year to Rs. 4.993 trillion in 2027, from Rs. 4.434 trillion in 2026, with a sharp rise in capital ... Read More


SJB-controlled Pathahewaheta Pradeshiya Sabha suspended

Sri Lanka, Oct. 20 -- Central Province Governor suspended the powers of Pathahewaheta Pradeshiya Sabha, which was under the control of Samagi Jana Balawegaya, by issuing a special gazette notification... Read More


Operative of underworld figure 'Welle Saranga arrested with firearm

Sri Lanka, Oct. 20 -- Officers of the Western Province North Crimes Division arrested an operative of the alleged organised criminal and major drug trafficker 'Welle Saranga ', who was preparing to as... Read More


Proposed Bill replacing PTA could jeopardise GSP+ access, threaten garment exports

Sri Lanka, Oct. 19 -- Sri Lanka's proposed law to replace the Prevention of Terrorism Act (PTA) could jeopardise its access to a key European Union trade concession, with industry stakeholders warning... Read More


Sajith hails wildlife officers and tri-forces after Agbo is found

Sri Lanka, Oct. 19 -- Opposition Leader Sajith Premadasa said that it is a matter of great joy to receive good news, according to reliable wildlife sources, that the elephant named 'Agbo' is in good h... Read More


Metro Transit seeks removal from Athurugiriya land case, citing Kaduwela MC recommendation

Sri Lanka, Oct. 19 -- Metro Transit Private Limited informed Kaduwela Magistrate Aruna Indrajith Buddhadasa today that the Kaduwela Municipal Council recommended the relevant land to them, in the case... Read More


Tusker 'Agbo' found in Nachchaduwa Reserve

Sri Lanka, Oct. 19 -- Air Force and Department of Wildlife Conservation officers found the tusker named 'Agbo' in the Nachchaduwa reserve following a special joint search operation, the Secretary to t... Read More


SLPA plans new Colombo Port logistics hub through PPP model

Sri Lanka, Oct. 19 -- The Sri Lanka Ports Authority (SLPA) announced plans to develop a new logistics hub at the Port of Colombo through a Public-Private Partnership (PPP) model following the decision... Read More


Foreign investors extend Sri Lanka rupee bond buying streak to three weeks

Sri Lanka, Oct. 19 -- Foreign investors purchased Sri Lankan rupee-denominated government bonds for a third consecutive week in the week ended October 16, according to Central Bank data, despite sligh... Read More


Central Bank Governor confident Sri Lanka will avoid third FATF grey-listing

Sri Lanka, Oct. 19 -- Central Bank Governor Dr. Nandalal Weerasinghe has expressed confidence that Sri Lanka will avoid being placed on the Financial Action Task Force (FATF) grey list for a third tim... Read More