Category: Local News

Fitch upgrades 10 Sri Lankan banks’ ratings after sovereign upgrade

Fitch Ratings has upgraded the National Long-Term Ratings of 10 Sri Lankan banks following the recent sovereign rating upgrade and a recalibration of the agency’s Sri Lankan national rating scale.



Anura Priyadarshana Yapa arrested

Former Minister Anura Priyadarshana Yapa and his wife have been arrested by the Criminal Investigation Department (CID).



Namal Rajapaksa faces court over Rs. 70 Million Krrish land deal probe

The case involving alleged financial irregularities amounting to Rs. 70 million during the leasing of 4.3 acres of land at Krrish Transworks Square in Fort, Colombo, was heard today (January 22) at the Fort Magistrate’s Court.



Anil Bharathi passes away

Veteran Sri Lankan singer Anil Bharathi has passed away at the age of 75.



Sri Lanka President announces Army deployment to address non-compliant rice mills

Sri Lankan President Anura Kumara Dissanayake has stated that the army will be deployed to address rice mills that are not operating according to the government’s plan.



Press conference held on Sri Lanka’s disaster situation due to severe weather

A special press conference was held yesterday (January 21) at the Disaster Management Centre in Colombo, chaired by Deputy Minister of Defence Major General Aruna Jayasekara (Retd), to inform the public about the disaster situation caused by severe weather conditions affecting Sri Lanka.



Sri Lanka Government to slash medicine prices by breaking supplier monopolies

Deputy Minister of Health and Mass Media, Dr. Hansaka Wijemuni, stated that the price of medicines could be significantly reduced by fostering competition among pharmaceutical suppliers.



STF deployed to Colombo Police stations to combat gang shootings

Steps have been taken to deploy the Police Special Task Force (STF) to police stations in Colombo as part of intensified anti-crime operations to curb shootings between organized criminal gangs.



Sri Lankan President outlines vision for inclusive economic growth in 2025 budget

Sri Lankan President Anura Kumara Dissanayake announced that this year’s budget will be designed to involve every segment of the population in the country’s economic processes.



World Bank pledges support for Sri Lanka’s key development projects

The World Bank has reaffirmed its commitment to supporting Sri Lanka’s key government initiatives through financial and technical assistance.



Sri Lanka Government to provide vehicles for all 225 MPs – No more import permits

The Sri Lanka government plans to provide vehicles for all 225 Members of Parliament (MPs) in the near future, according to Foreign Affairs, Foreign Employment, and Tourism Minister Vijitha Herath.



Sri Lanka reviews IMF agreement for additional relief measures

The Sri Lankan government is reviewing the International Monetary Fund (IMF) agreement to provide more relief to the people.



Manusha Nanayakkara arrives at CID for statement on South Korea incident

Former Minister Manusha Nanayakkara arrived at the Criminal Investigation Department (CID) earlier today (January 21) to make a statement.



MP Ramanathan Archchuna in traffic dispute with Police in Anuradhapura

Member of Parliament Ramanathan Archchuna was involved in a dispute with a group of police officers on traffic duty in the Rambewa area of Anuradhapura this morning (January 21).



Sri Lanka’s Transport Minister travels as regular passenger to address commuter issues

Sri Lanka’s Transport Minister, Bimal Rathnayake, traveled as a regular passenger on an office train from Moratuwa to Colombo Fort this morning (January 20).



Mahinda Rajapaksa will vacate residence upon official request – Namal

MP Namal Rajapaksa, son of former Sri Lankan President Mahinda Rajapaksa, has stated that the former President is ready to vacate his official residence at any time, should the Sri Lankan government formally request it.