Sri Lanka
Military children’s fee concession axed at Kotelawala Defence Academy
The sudden withdrawal of the 50% course fee concession for children of military personnel at the Kotelawala Defence Academy has triggered a wave...
Fitch Ratings says reduction in Govt spending could weaken Sri Lanka’s growth potential
Shortfalls in implementing planned investment spending could weaken Sri Lankan economy’s growth potential, making longer-term fiscal consolidation more challenging, Fitch Ratings said. Fitch...
Taxpayers foot the bill as estate owners pocket profits
Professor Priyanga Dunusinghe of the University of Colombo’s Department of Economics says that the government’s proposal to provide estate workers with a daily...
Around 10,000 public sector workers to be made permanent
The government has initiated steps to grant permanent appointments to around 10,000 non-permanent employees in government departments and corporations, Transport and Highways Minister...
Sri Lankan drug kingpin sent funds to Karachi, Indian NIA says in LTTE revival probe
The National Investigation Agency in India, in its probe into conspiracy around the revival of LTTE, has found that Sri Lankan drug kingpin...
Rise in motorcycle and three-wheeler thefts
Police have reported a notable increase in motorcycle and three-wheeler robberies in Colombo city and across the Western Province, raising security concerns in...
Ruling party MP expresses reservations over Government performance
National People’s Power (NPP) MP Jagath Manuwarana told Parliament today (10) that the government’s performance has not fully met expectations. “We have not...
Sri Lanka’s official reserve assets record slight decline in October
The Central Bank of Sri Lanka (CBSL) reported that the country’s official reserve assets stood at USD 6,216 million at the end of...
