The Ministry of Energy says that the price of fuel will be revised from midnight today (29). Accordingly, a liter of octane 92 petrol has been reduced by Rs 60 and its new price is Rs 340. A liter of octane 95 petrol has been reduced by Rs 135 and its new price is Rs …
Samagi Jana Balavega Member of Parliament Harsha De Silva said that he is happy to get the approval of the IMF Executive Committee for the $3 billion facility. He also said that he would like to express his thanks to the President for making the Sri Lanka Podujana Peramuna understand the true situation, which until …
It is reported that union actions related to essential services have been defined as acts of terrorism by the Terrorism Control Act, which the government is going to introduce, canceling the Terrorism Prevention Act. In addition, it is learned that creating a serious risk to the health and safety of the public is also designated …
New Act Designating Strikes as Acts of Terrorism Read More »
President of the BAR Association of Sri Lanka (BASL) Saliya Peiris has responded to claims alleging that lawyers are representing criminals in judicial trials. Addressing an event in Colombo yesterday (23), Saliya Peiris, PC, said that the claims have been made as he had requested the President and the Constitutional Council to appoint an individual …
”Do you represent criminals”, P.C. Saliya Peiris answers Read More »
That the government is working to sell the profit-making state enterprise to fulfill the conditions of the International Monetary Fund. Under that, it is still running successfully Sri Lanka Telecom is in the process of being sold to businessman Subashkaran Aliraja, says MP Wimal Weerawansa. Aliraja, a British citizen, is the founder of laika Mobile …
Sri Lanka Telecom to be sold to Subashkaran Aliraja Read More »
United National Party Member of Parliament Vajira Abeywardena states that a separate commission should be appointed to find out whether union business is necessary for the teaching profession or not. He also said that when the mind of the teacher is a trade union mind, the mind of the school children is likely to be …
A commission to find out if teachers want a union Read More »
Sri Lanka is to receive 333 million dollars as the first installment of the US$3 billion credit facility approved by the International Monetary Fund for Sri Lanka within the next two days. The entire three billion dollar facility is to be disbursed over four years. But for that, Sri Lanka must fulfill the recommendations and …
Here are the IMF terms every Sri Lankan should know Read More »
President Ranil Wickramasinghe says that the Executive Committee of the International Monetary Fund has approved the economic program that Sri Lanka is implementing by approving the extended credit facility expected by Sri Lanka. Accordingly, the President made a special statement that Sri Lanka is no longer a bankrupt country and has been assured of being …
The cabinet has approved the sale of the government’s shareholding in Sri Lanka Telecom PLC and Lanka Hospital PLC. According to the policy decision of the government, these companies have issued a statement stating that this is done. Sri Lanka Telecom PLC and Lanka Hospital PLC, which are listed in the Colombo Stock Market, have …
Government shares in Telecom and Lanka Hospital will be sold Read More »
It is reported that the approval of the Executive Committee of the International Monetary Fund for the extended credit facility to Sri Lanka is to be announced today (20). The Ministry of Finance announces that the Executive Committee of the International Monetary Fund is scheduled to meet tonight, Sri Lanka time, and a final decision …
