News

Central Bank Ends Interest Rate Caps and Mandated Lending Rate Reductions In a move signaling a gradual easing of restrictions on the financial sector, the Central Bank announced yesterday the termination of interest rate caps and mandated reductions in overall...

The Forecasting Division of the National Meteorological Centre predicts heavy showers exceeding 100 mm in parts of the Western, Sabaragamuwa, North-Western, and Central Provinces of the island after 2 p.m. today. Favorable atmospheric conditions are anticipated for afternoon thundershowers across...

The National Medicines Regulatory Authority (NMRA) has made a concerning discovery regarding the recent flooding of unregistered skin treatment medicines masquerading as cosmetics in the local market, posing serious health risks. Following multiple alerts from the College of Dermatologists, NMRA...

Chinese Premier Li Qiang commits to extend assistance to develop Katunayake International Airport, Hambantota Port and Colombo Port City Chinese Prime Minister Li Qiang yesterday assured his Lankan counterpart Dinesh Gunawardena that his country would assist Sri Lanka’s debt restructuring...

The Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe on Tuesday (26), asserted that he would not resign over the controversy surrounding the salary increase. During the Q&A session of the special media briefing convened at...

A five-judge Supreme Court (SC) bench has been appointed to consider the fundamental rights (FR) petitions filed challenging the passing of the Online Safety Act (OSA) in Parliament. The petitions were called before the Judge bench Chaired by President’s Counsel...

OICs to prepare plans tailored for each church including body searches if needed in consonance with priests/trustees  The Police is organising a special security plan to be set in place at churches across the country given the upcoming Good Friday...

The Public Health Inspectors' Union (PHIU) expressed its disaffection with the law enforcement authorities over the alleged lack of progress in the ongoing investigation into the murder of the Union's Treasurer, PHI Roshan Kumara. In a context where it marks...

EC assures Prez Poll during ‘time frame’ even if P’ment Poll is also held this yr.: Prez Poll nominations by late July or early Aug. The Election Commission (EC) assured that the Presidential Election will be held within the stipulated...

As Dinesh Gunawardena was getting ready for his visit to China, Indian media reported the presence of four Chinese research ships in the Indian Ocean. Concurrently, the Sri Lankan government was reconsidering its ban on Chinese research vessels. Despite Chinese...