CB injects liquidity with reserve ratio change

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The Central Bank yesterday reduced the Statutory Reserve Ratio (SRR) by 1% to 5% with effect from 1 March with the aim of injecting Rs. 60 billion int ..

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Airport and Aviation Services enjoined by Commercial CHC

Saturday, 23 February 2019 00:10 Views - 324

By S.S. Selvanayagam The Commercial High Court of Colombo issued an Enjoining Order against Airport and Aviation Services (Sri Lanka) Ltd., restrainin

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New Non-Cabinet Media Minister

Saturday, 23 February 2019 00:00 Views - 88

State Minister of Defence Ruwan Wijewardene was sworn in as the non-Cabinet Minister for Media yesterday by President Maithripala Sirisena

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Rupee, stocks end largely flat after reserve ratio cut

Saturday, 23 February 2019 00:00 Views - 245

REUTERS: The rupee and the main stock index ended little changed on Friday after the Central Bank surprisingly reduced commercial banks’ statutory r

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P’ment brawl report presented to House

Saturday, 23 February 2019 00:00 Views - 42

The report of the Special Committee appointed by Speaker Karu Jayasuriya to investigate the brawl that took place in the Chamber during mid-November a

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Speaker rejects intervening in police investigation

Saturday, 23 February 2019 00:00 Views - 147

Speaker Karu Jayasuriya yesterday rejected the United Peoples Freedom Alliance (UPFA) lawmakers’ request to stop police investigations into the braw

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Govt. rejects privatising Southern Expressway

Saturday, 23 February 2019 00:00 Views - 443

The Government this week shot down Opposition claims that it was preparing to privatise the Southern Expressway, which was a development program initi

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Public rallies to help pumpkin farmers

Saturday, 23 February 2019 00:00 Views - 702

An estimated 100,000 kg of pumpkin were stacked along Green Path yesterday for the first-ever ‘Pumpkin Farmers Festival’ to aid farmers struggling

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HAC assures no pig fat in milk powder imports

Saturday, 23 February 2019 00:00 Views - 309

The Halal Accreditation Council (HAC) yesterday assured the public that their test reports had shown no trace of pig fat in milk power imported to Sri

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Navy sailor arrested over abduction and disappearance of 11 youths

Saturday, 23 February 2019 00:10 Views - 79

The Criminal Investigation Department (CID) has arrested another Navy personnel over the alleged abduction and killing of three youths out of the 11 y

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Ranjan fails to produce cocaine user list

Saturday, 23 February 2019 00:10 Views - 142

State Minister of Highways and Road Development Ranjan Ramanayake, who appeared before the United National Party (UNP) appointed four-member committee

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Sacred Jaya Sri Maha Bodhi Tree Sapling enshrined in Thailand

Saturday, 23 February 2019 00:10 Views - 59

The enshrinement ceremony of the Bo Sapling of the Sacred Sri Maha Bodhi tree gifted to Thailand by Sri Lanka under the auspices of President Maithrip

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Receiving blessings

Saturday, 23 February 2019 00:00 Views - 46

State Minister of Defence Ruwan Wijewardene receiving blessings at the Gangaramaya Temple after being sworn in as the non-Cabinet Minister for Media y

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Rundown of new money given to P’ment

Saturday, 23 February 2019 00:00 Views - 59

Government confirmed in Parliament yesterday that the Central Bank had printed valid currency notes on six occasions and coins were minted on four occ

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PM says Govt. taking revolutionary step in education for modern Sri Lanka

Saturday, 23 February 2019 00:00 Views - 111

Prime Minister Ranil Wickremesinghe has said that Sri Lanka will be modernised with a revolutionary change in education. Participating at the launch o

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Gender perspective and disarmament education vital for new security challenges: Ambassador Azeez

Saturday, 23 February 2019 00:00 Views - 79

“We need to seriously attempt at negotiating a program of work for nuclear disarmament and non-proliferation,” stated Sri Lanka’s envoy in Gene

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Philippine President Duterte says Sri Lanka’s leader will follow his example of “killing bastards”

Saturday, 23 February 2019 00:00 Views - 82

GMA: President Rodrigo Duterte said Sri Lankan counterpart Maithripala Sirisena has vowed to emulate his approach to curbing the drug menace by “kil

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SLFP unopposed to contesting polls under flower bud symbol

Friday, 22 February 2019 00:00 Views - 264

By Nuwan Senarathna The Sri Lanka Freedom Party’s (SLFP) breakaway fraction yesterday said that they would not oppose contesting upcoming elections

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Mahinda on paddy purchase price

Friday, 22 February 2019 00:00 Views - 120

Opposition Leader Mahinda Rajapaksa yesterday called on the Government to increase the price of paddy to Rs. 50 per kilogram and also to continue the

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Thursday, 14 February 2019 11:58 Views - 212

GET REAL INSIGHTS INTO BRI


Friday, 8 February 2019 16:56 Views - 1984

TOWARDS A RESILIENT ECONOMY

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Today's Columnists

Discipline and freedom under the reign of Gota

Saturday, 23 February 2019
There’s nothing like a well-crafted marketing slogan for a prospective Presidential candidate. Gotabaya Rajapaksa is emerging more clearly into the


The chainsaw massacre and other ‘lawful’ horror stories

Friday, 22 February 2019
Admit it. The headline hooked you. Hope you won’t be disappointed. There are no gory scenes featuring dismembered limbs here. However you might read


What went wrong with Sri Lanka?

Friday, 22 February 2019
If Sri Lanka wants to get out of the present miserable situation, it needs to make a profound change, a paradigm shift in the way it views at everyt


Regulating foreign workers now a top priority

Friday, 22 February 2019
Sri Lanka is today facing a domestic labour shortage in some key sectors and industries. While demographic, social attitudes, expansion of the economy


Using the RTI regime as a catalyst for development

Friday, 22 February 2019
President Barack Obama stated the following in issuing a memorandum on the Freedom of Information Act on his first day in Office in 2009. “The presu


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