Foreign investors are selling their shares in the Colombo Stock Exchange fast rate. The shares they have sold so far this year are worth over Rs. 41 billion.  It is approximately US $ 200 million. Stock market analysts say that… Read More

Indika Sampath Meranchige, President of the Automobile Importers’ Association says that the increase in car prices is being carried out by a small group of people who are involved in the vehicle business and newcomers to it. He also said… Read More

Specialist Dr. Ananda Wijewickrama has resigned from the Clinical Committee on Coronary Control. It is said that he has sent an e-mail to the Director General of Health Services and the Secretary to the Ministry of Health informing about this.… Read More

The Secretary to the Ministry of Education Prof. Kapila Perera states that schools in the island are ready to open as soon as the green light is felt by the health sector. He also said that discussions are underway with… Read More

State Minister of Finance Ajith Nivard Cabraal has decided to resign from his post of Minister of State and National List Member of Parliament. He will resign to accept an invitation from the government to take over the governorship of… Read More

Agriculture Minister Mahindananda Aluthgamage says international media reports such as the BBC and Al Jazeera report that Sri Lanka is facing a food crisis are a conspiracy.  He said in Parliament that there was no such food crisis in the… Read More

Retired Defense Secretary Major General Kamal Gunaratne’s 60th birthday was yesterday.  Pictures of the cake prepared for the occasion are being posted on social media. It was modelled on an army camp.

Imports of goods to Sri Lanka will continue to decline in the future due to the depreciation of the Sri Lankan currency and the shortage of foreign reserves, Reuters reports. The report also states that there is a partial food… Read More