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Sri Lanka

Fuel prices increased, bus fare reduction scrapped

The Ceylon Petroleum Corporation (CPC) announced a revision of fuel prices, effective from midnight yesterday (30). The price of Auto Diesel has been...

Business

A test of leadership in Sri Lanka’s economic recovery

Krishan Balendra’s appointment as Chairman of the Ceylon Chamber of Commerce comes at a time when Sri Lanka’s economic trajectory hangs in delicate...

Politics

Norwood political rift deepens as NPP members go independent over chairmanship row

All six members of the National People’s Power (NPP) representing the Norwood Pradeshiya Sabha announced yesterday that they will function as independents, in...

Sri Lanka

Handunnetti ridiculed on social media over remarks at World Economic Forum

Minister of Industry and Entrepreneurship Development Sunil Handunnetti has come under fire on social media following his recent appearance at the 16th Annual...

Sri Lanka

Sri Lanka’s tea industry faces collapse as Govt moves to scrap SVAT

Key stakeholders in Sri Lanka’s tea industry have have raised serious concerns over the government’s proposed removal of the Simplified Value-Added Tax (SVAT)...

Sri Lanka

Police shake-up: Top brass, OICs transferred in major reshuffle

A fresh wave of transfers involving senior and mid-level police officers has been announced, with changes taking immediate effect, police headquarters said today....

Sri Lanka

SC flags clauses in Electricity Bill as unconstitutional

Deputy Speaker Rizvie Salih informed Parliament today that the Supreme Court has found certain provisions in the proposed Electricity (Amendment) Bill to be...

Sri Lanka

Energy sector governance under scrutiny: Questions mount over policy direction and transparency

Serious questions about governance practices within Sri Lanka’s energy sector are emerging, as concerns grow over potential conflicts of interest, policy inconsistencies, and...

Business

Indian Defence Ministry’s Mazagaon Dock Shipbuilders acquires majority stake in Colombo Dockyard

In a major strategic move, India’s public sector company, Mazagaon Dock Shipbuilders (MDL), has announced that it will be acquiring a majority stake...