News

The UAE’s new visa rules, which offers many facilities, including the renewable 5-year Green Residence visa, will come into effect on Monday October 3, Emirates News Agency (WAM) reported. The Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP)...

Mr. Sajith Premadasa, the opposition leader, said the Rajapaksa mud factory is in action today and they are slandering the cultural fund with false claims. The opposition leader stated his sole error was following the Cultural Fund Act and engaging...

A warning has been issued for strong winds and rough seas by the Meteorology Department for sea areas extending from Galle to Pottuvil via Hambantota. There is a possibility to increase swell waves (about 2.5 – 3.0 m) and strong...

Sri Lanka has been included among the countries suffering from acute hunger in the world and citing a report of the World Food Program, the International Monetary Fund points out that Sri Lanka is also suffering from a serious food...

The Government is currently discussing downgrading Sri Lanka's categorization within the World Bank's 'country and lending groups' The World Bank proposed a downgrade to obtain access to additional financing,  Sri Lanka's downgrade in the World Bank's lending category will allow...

According to sources close to the capital market regulator, the Securities and Exchange Commission (SEC) has taken action against major market offenders in the past month for offences that were committed more than ten years ago, and additional charges are...

The tea industry is reeling from the after effects of a lack of fertiliser and glyphosate as well as an unsustainable wage model, which has resulted in a stagnant position today. As a direct result of this, exporter operations are...

Daham, the son of Maitri, is getting ready for a struggle, Mr. Dhamma Sirisena has planned a protest movement for tomorrow (03). It is for all the farmers who are facing a stressful situation as they cannot sell their paddy...

Banks are suffering an extreme liquidity crisis, which has been compounded by the country's bigger macroeconomic problems. According to senior bankers, this is a major reason why banks are not lending. "They are risk adverse," a banker explained, stressing that...

FitsAir, the newest passenger carrier to join the Sri Lankan skies, will begin operations this month with flights to Dubai, Trichy, and Male. Commercial operations are slated to begin on October 5 on its three A320-200 aircraft, which will seat...