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Four Sri Lanka Freedom Party (SLFP) parliamentarians who were recently appointed as ministers of the Maithripala-Ranil regime resigned from their ministerial portfolios today. Ministers Dilan Perera, Mahinda Yapa Abeywardena, C. B. Ratnayake and Pavithra Wanniarachchi are the four ministers who had announced their resignation at a press briefing at the Opposition Leader’s office in Colombo.
Full Article Thursday, 21 May 2015 14:54
About 100 protesters were arrested and two police personnel were reportedly injured following the violence in and around the vicinity of the Jaffna court premises this morning. Police have also arrested several three-wheelers, motor cycles and bicycles were taken in to police custody. A tense situation prevailed at the Jaffna Court premises this morning when some protesters stoned the Court…
Full Article Wednesday, 20 May 2015 19:54
President Maithripala Sirisena, when asked to respond to the claim made by former president Mahinda Rajapaksa about 'LTTE flags flying on Sri Lankan soil once again,' said that he has not heard of any such thing.
Full Article Wednesday, 20 May 2015 10:29
Lord Mayor of London Alderman Alan Yarrow hailed Sri Lanka yesterday saying that Sri Lanka plays a silent but important role in London’s financial sector.  He made this that while addressing a breakfast forum organized by the Institute of Chartered Accountants of Sri Lanka (CASL) and the Chartered Institute for Securities and Investments (CISI).
Full Article Wednesday, 20 May 2015 09:04
Parliament adjourned till tomorrow 1.00pm after tension flare in House. The Opposition MPs questioned over the delay of the debate on the No-Confidence motion against the CBSL Governor.
Full Article Tuesday, 19 May 2015 15:47
Government yesterday commenced paying back the money of remaining 8,200 depositors of the collapsed Pramuka Bank within a short period time. The event took place attended by Finance Minister Ravi Karunanayake, Sri Lanka Savings Bank Chairman Asoka Somaratne and several others.   
Full Article Tuesday, 19 May 2015 12:04
President Maithripala Sirisena pledges a new political culture reiterated that the political mistakes that had been absorbed to the system cannot be allowed to continue. The President made this observation while addressing the Polonnaruwa district convention of the Sri Lanka Freedom Party (SLFP) held yesterday at the Buddhi Mandapaya in Polonnaruwa.
Full Article Monday, 18 May 2015 11:53
Customs have nabbed around 70 containers of Indonesian areca nut (Karunka or betel nut) while trying to export to India as Sri Lankan products. The Nation learns that the value of one areca nut container could be around Rs.3.5million.
Full Article Friday, 15 May 2015 20:03
The Bar Association of Sri Lanka (BASL) is contemplating a change in its structure which is likely to put the organization under the control of the United States Agency for International Development (USAID), according to high ranking sources of the Association.
Full Article Saturday, 16 May 2015 02:26
The main Opposition in the Parliament; Sri Lanka Freedom party plans to present a no-confidence motion against Central Bank Governor Arjuna Mahendran at the next meeting of the party leaders.
Full Article Thursday, 14 May 2015 10:07
President Maithripala Sirisena has given time till tomorrow; Wednesday 12 noon for all political party leaders to submit their suggestions and proposals over a formation of a new electoral system. President met all political party leaders yesterday at the President’s office and had a lengthy discussion over the issue.
Full Article Tuesday, 12 May 2015 10:47
Janatha Vimukthi Peramuna (JVP) revealed that the Parliament would be dissolved if parties failed to reach an agreement on the 20th Amendment. This was revealed by JVP Leader Anura Kumara Dissanayake yesterday and he also added that President Maithripala Sirisena has already come to that stance.
Full Article Monday, 11 May 2015 10:19
With the issue of unauthorized settlements in the region surrounding Wilpattu National Park now reaching boiling-point, Secretary to the President, P.B. Abeykoon has directed the Ministry of Mahaweli Development and Environment to conduct an immediate investigation, The Nation learns. When contacted, Secretary to the Ministry of Mahaweli Development Environment, Nihal Rupasinghe on Friday (May 8) confirmed that a directive had...
Full Article Saturday, 09 May 2015 02:32
The meeting between President Maithripala Sirisena and former president Mahinda Rajapaksa ended cordially, but no concrete decision had been taken, sources said.
Full Article Wednesday, 06 May 2015 17:42
Former UNP minister who later crossed over to the UPFA to support then President Mahinda Rajapaksa's hands Johnston Fernando further remanded until May 11 after being produced before Kurunegala Chief Magistrate this morning.
Full Article Wednesday, 06 May 2015 12:28
The Supreme Court determined that expulsion of former UNP General Secretary Tissa Attanayaka from his party membership was invalid as the due process was not followed.
Full Article Tuesday, 05 May 2015 11:41
Dr. Nirmal Ranjith Dewasiri attached to the Open University of Sri Lanka has been attacked by an unidentified group at Kirulapone this evening. Police media unit confirmed that they have received the information.Dr. Dewasiri came into the picture when they set up the. Federation Of University Teachers' Association during the Mahinda Rajapaksa regime.
Full Article Friday, 01 May 2015 20:42
The Treasury has lost approximately Rs 76 billion in the eight (8) years between 2007 and 2014 in potential income due to weak and inconsistent taxation on tobacco products, Dr Nishan de Mel of Verité Research said on Thursday. Dr. de Mel, speaking on ‘Tobacco Economics and Taxation in Sri Lanka’ at the national summit titled ‘Towards Tobacco Free Sri…
Full Article Saturday, 02 May 2015 02:26
Hambantota Mayor Eraj Fernando was today ordered to be further remanded till May 13 by the Hambantota Magistrate. Mayor Fernando was arrested for assaulting a suspect in police custody in March, 2014 and attempting to abduct him thereafter.
Full Article Thursday, 30 April 2015 13:33
The Central Bank of Sri Lanka today said that despite the government’s announced commitment towards fiscal consolidation, the overall fiscal deficit in 2014 had increased to 6.0 per cent of GDP in 2014 from 5.9 per cent of GDP in the previous year, mainly as a result of the continued shortfall in revenue collection.
Full Article Wednesday, 29 April 2015 21:03

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