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Opinion: Rupavahini to Defense Min - What are the limits of Presidential powers?

Sri Lanka, Sept. 15 -- The Presidential elections in Sri Lanka are about to be called, and in approximately just two months, the nation will know who its next President will be. In the backdrop of thi... Read More


Forward tourist bookings have fully recovered - JKH Deputy Chair

Sri Lanka, Sept. 12 -- September 12, 2019 (LBO) - Forward bookings in the tourism sector of Sri Lanka's largest conglomerate, John Keells Holdings (JKH), have fully recovered on a year on year basis a... Read More


FM Marapana calls for peaceful engagement in Indian Ocean at IORA conference

Sri Lanka, Sept. 11 -- Foreign Minister Thilak Marapara called for cooperation and peaceful engagement in the Indian Ocean maritime domain by IORA members for creating a stable, secure environment, fa... Read More


Sri Lanka reduces fuel prices

Sri Lanka, Sept. 11 -- Sri Lanka's government has decided to reduce the petrol and diesel prices with effect from mid-night, yesterday the Finance Ministry said issuing a statement. Accordingly, petr... Read More


Ruwan sets the record straight on Rupavahini

Sri Lanka, Sept. 11 -- Minister of Mass Media and State Minister of Defence Ruwan Wijewardene has released a statement on the Presidents decision to gazette the Rupavahini Corporation under the Defenc... Read More


Barbarians at the Gate

Sri Lanka, Sept. 11 -- The most influential businessmen in Sri Lanka packed the front rows of the Viyathmaga Annual Convention to hear the economic vision of Sri Lanka's first officially declared majo... Read More


The Finance (TFC) plunges deeper into the abyss with another Rs1bn loss

Sri Lanka, Sept. 11 -- The Finance Company (TFC), once one of Sri Lanka's largest non-bank financial institutions, reported a loss of Rs1bn for the quarter ended June 30, 2019. This brings total losse... Read More


Fitch downgrades China and US growth on trade dispute

Sri Lanka, Sept. 10 -- Disruptions from the sharp escalation in the US-China trade dispute are darkening the global economic outlook, causing us to revise our global economic outlook, Fitch Ratings sa... Read More


Sri Lanka Rupavahini Corp gazetted under MoD

Sri Lanka, Sept. 10 -- A gazette notification has been issued to bring the Sri Lanka Rupavahini Corporation (SLRC) under the control of the Ministry of Defence with effect from mid-night, yesterday. ... Read More


UNP internal crisis shows real democracy exists within party: Sajith

Sri Lanka, Sept. 10 -- United National Party Deputy Leader, Minister Sajith Premadasa says that although some internal crisis are seen inside the party to those who are not well-versed in democracy, i... Read More