Parliament of Sri Lanka

Bond and PRECIFAC reports handed over to Speaker’s office

The Bond Commission report and PRECIFAC reports were handed over to the Speaker’s Office this morning.

Sri Lanka President Maithripala Sirisena

Angry President says Enough is enough

President Maithripala Sirisena yesterday (16), walked out of the Cabinet meeting after making an emotional speech, in which he criticized United National Party (UNP) members who were attacking him on the campaign trail…

Ranjan Ramanayake

Yes there was a bond scam: Ranjan

Deputy Minister Ranjan Ramanayake admitted to there having been a Central Bank bond scam, and said President Maithripala Sirisena’s decision to investigate such scams was an election promise and therefore should be supported by the people.

China Sri Lanka

Sri Lanka, China think tanks co-launch book on Sino-Lanka relations

Sri Lankan and Chinese think tanks on Tuesday jointly launched a book on the Sino-Lanka relations titled “The Island of the Lion and the Land of the Dragon” in order to strengthen the bilateral relations between the two countries.

Gotabhaya Rajapaksa

Gotabaya is JO’s candidate for Presidential Polls – Roshan

Former Defence Secretary Gotabaya Rajapaksa will be the Joint Opposition’s candidate for the next Presidential Election, says MP Roshan Ranasinghe.

Largest haul of seized cocaine destroyed in Sri Lanka

Largest haul of seized cocaine destroyed

Enforcing the government’s commitment to create a drug free society, 928 kgs of seized cocaine valued at Rs. 16.7 billion was publicly destroyed for the first time in the country…

Supreme court of Sri Lanka

Length of President’s term only five years

The Supreme Court has informed President Maithripala Sirisena that his term of office is five years, the President’s Media Division says.

Bandula Gunawardena

If there were Bonds frauds in MR’s time President, CBSL must reveal them – Bandula

Following the special statement made by Prime Minister Ranil Wickremesinghe, Member of Parliament Bandula Gunawardena insisted that the President Maithripala Sirisena and the Central Bank Governor reveal to the people whether the Treasury bond frauds actually took place between 2008 and 2014…

Harsha De Silva

Government will seek assistance from IMF for Central Bank reform – Harsha

Deputy Minister of National Policies and Economic Affairs Harsha De Silva stated that the government will seek assistance from the International Monetary Fund (IMF) to reform the Central Bank in accordance with the recommendations made by the Bond Commission.

Prime Minister of Sri Lanka Ranil Wickremasinghe

Tourism, industrial zones will help increase pci Growth Rate: PM

Several industrial and tourism zones being set up by the government will help increase the Per Capita Growth Rate and accelerate development, Prime Minister Ranil Wickremesinghe said.

Sri Lanka President Maithripala Sirisena

Sri Lanka President Restores Ban On Women Buying Alcohol

Colombo: Sri Lanka’s president on Sunday reimposed a four-decade-long ban on women buying liquor, just days after his finance minister had lifted the restriction.

CV Wigneswaran

Sri Lanka’s Northern Province CM calls for bigger role in India-assisted development projects

Sri Lanka’s Northern Chief Minister C.V. Wigneswaran has sought greater collaboration between the Government of India and the provincial administration in the Tamil-majority north in development projects.

Thai Pongal day

Thai pongal day messages

Marking this year’s Thai Pongal festival as an occasion to make the efforts taken by the government to take the country towards self-sufficiency in food meaningful and providing strength to these efforts, President Maithripala Sirisena extended his greetings to all Hindus across the world celebrating the festival that expresses gratitude to nature.

launch of Tamil book, Ore inaprachinaiyum or opandhamum

Indo-Lanka accord is a sound framework, say experts

The Indo-Sri Lankan agreement drafted in 1987 is a sound framework that can be improved upon, say politicians and those who were involved closely with the political developments then.

IMF - International Monetary Fund

IMF says economy normalising but reforms essential

The International Monetary Fund (IMF) envisages Sri Lanka’s economy normalising in 2018 with the real GDP growth projected to reach about 4.6% over the medium term; however, the global lender called on the Government to continue its reform process centered on fiscal consolidation to maintain stabilisation momentum.

Central Bank of Sri Lanka

Sri Lanka Central bank suspends four officers over alleged bond irregularities

Sri Lanka’s central bank said it has suspended four officers and taken disciplinary action against several others following alleged irregularities in a 2015 government bond auction.