News

Sri Lanka Treasury Bills rates were steady and T- bonds rates were up in moderate trade on Wednesday while the Central Bank’s guidance peg for interbank transactions strengthened by 14 cents, dealers said. A bond maturing on 01. 06. 2025...

Sri Lanka’s recent ban on imports should be reversed as it would hurt small businesses which are already badly hit and create distortions in the economy and should be addressed by tigher monetary and fiscal policy, Advocata Institute, a Colombo-based...

As reported recently in Sri Lankan media as well as Reuters, Japan is expecting to organize a creditors' conference in Sri Lanka. The Japanese government refutes the truth of this report. It further indicated from the reports that Japan has...

This is a basic agreement , not even a staff agreement, a former Deputy Governor of the Central Bank and an economic analyst, Dr. W.Wijewardena has stated to the media. He has stated that Sri Lanka has reached a preliminary...

Red alert notice issued to 8 districts due to continuous heavy rain fall. The National Building Research Organization has taken steps to issue red landslide risk notices for Ratnapura, Kuruwita and Alapatha in Ratnapura district, as well as Palindanuvara divisional...

The president was given an opportunity to form an all-party government. It seems that it will not happen, said the former minister, Namal Rajapaksa. Now president should form a government with the 134 members of the Pohotuwa who voted for...

SriLankan Airlines has been a staple of commercial aviation in Sri Lanka since its inception 43 years ago. It was founded on September 1, 1979, and the airline's greatest achievements are frequently intertwined with Sri Lanka's own aviation and tourism...

Reports reaching from the parliament circles notes that Central Bank Governor Dr. Nandalal Weerasinghe's presentation to the Ministers and other members of the Parliament regarding the current economic situation of the country ended in a squabble. Both the ruling party...

President of the Bar Association of Sri Lanka, Saliya Peiris PC on Wednesday (31) said that the Prevention of Terrorism Act (PTA) has been misused in the past. Speaking at a seminar held at the Open University of Sri Lanka...

Cooperative elections are being held across the country these days. Their results are not at all good for the government and have been good for the Samagi Jana Balawega. Samagi Jana Balawegaya has won more than 90% of the cooperative...