Steve Hanke measures SL’ inflation at 130.14%/year

Economist Steve Hanke shared today that according to his accurate measure, Sri Lanka’s inflation stands at 130.14 percent.

10-hour water cut in many areas of Colombo

A 10-hour water cut in several areas in Colombo on Saturday (25) from 10.00 pm to 8.00 am on Sunday (26) due to essential maintenance work to the main water supply network, the National Water Supply and Drainage Board (NWSDB) said.

Military officer assaults cop at filling station in Warakapola

A policeman attached to the Warakapola police came under physical attack by an army officer at the Dummaladeniya filling station in Warakapola last night, the Police said.

Man waited in fuel queue for 5 days, dies

A 63-year old man who had been waiting in a fuel queue at a filling station at Batagoda in Anguruwatota has died, police said.

Businessman nabbed with1,400 litres of diesel

A businessman was arrested today in Makumbura, Kottawa for hoarding 1,400 litres of diesel illegally, the Western Province (South) Crimes Division said.

Rathana Thera arrives at CID

Parliamentarian Ven. Athuraliye Rathana Thera arrived at the Criminal Investigation Department (CID), a short while ago.

PM appeals to social media activists not to insult Hirunika

Prime Minister Ranil Wickremesinghe made an appeal to the social media activists and users not to publish photos of Hirunka Premachandra who is a mother of three, causing insult to her.

Sri Lanka plans donor conference with China, India and Japan

Sri Lanka will hold a donor conference with China, India and Japan, as the island nation seeks overseas assistance to overcome the worst economic crisis since its independence, Prime Minister Ranil Wickremesinghe told Parliament yesterday.

Visiting Indian delegation to discuss allowing financial assistance to SL

Indian External Affairs Secretary Secretary Vinay Mohan Kwatra and three other senior Indian government officials arrived at the Katunayake International Airport this morning to discuss further on allowing financial assistance to Sri Lanka.

SL’s sorry plight - who is to blame?

Current Prime Minister Ranil Wickremesinghe, showing a gloomy picture of Sri Lanka’s immediate future presently is also no ’Mr. Clean’

CID acted in biased manner

The Colombo Fort Magistrate Thilina Gamage yesterday observed that the CID has acted in a biased manner when handling investigations against Western Province Senior DIG Deshabandu Tennakoon relating to the attacks on peaceful protesters at Galle Face.

Prices of fuel will have to be increased: PM

Prices of fuel will have to be increased because of soaring prices in the global market, Prime Minister Ranil Wickremesinghe told Parliament yesterday.

40,000 MT petrol shipment arrives tomorrow

The Power and Energy Minister today confirmed that a tanker freighter carrying 40,000 MT of petrol will arrive at the port of Colombo tomorrow (24).

Sri Lanka loses Rs.94bn from concessionary vehicle permits per annum

Sri Lanka is losing around Rs.94 billion annually from the concessionary vehicle permits, which is nearly equivalent to the amount the government collects from taxing vehicle imports, making a mockery of the government’s vehicle taxation policy.

’Ratta’’ and seven others remanded till July 1

Seven men, including YouTuber Rathindu Senaratne alias ‘Ratta’ and National Organizer of ‘Youth for Change’ Lahiru Weerasekara, who were wanted for indulging in violent activities near the Education Ministry and police headquarters, were remanded till July 1.

More than 30 of Sri Lanka’s bondholders launch formal group for debt talks

More than 30 asset managers holding Sri Lanka’s international bonds announced on Tuesday the formal launch of a creditor group to start debt restructuring talks with the island nation, according to a statement from legal adviser White & Case LLC.

Cabinet proposal allowing to import electric vehicles for migrant workers who make legal remittances: Manusha

A cabinet proposal to be presented requesting permission to import electric vehicles for the migrant workers who send money to Sri Lanka through legal channels, Labour and Foreign Employment Minister Manusha Nanayakkara said.

’Ice’ worth Rs. 13.6 million seized at CME

A parcel containing crystal methamphetamine worth Rs.13.6 million, a stimulant drug popularly known as Ice, has been taken to the custody of customs officer at the Colombo Central Mail Exchange (CME) today, Customs Deputy Director (Legal) and media spokesman Sudatta Silva said.

Attack on protesters at Galle Face: Johnston released on bail

Making a fresh order regarding former Minister Johnston Fernando, the Colombo Fort Magistrate today ordered to release him on bail in connection with the attacks took place at Galle Face.

Verbal clash between rice mill owners; say rice mafia not created by Araliya

A verbal clash between the owners of the New Rathna Rice Mill and Araliya Rice Mill erupted during a media briefing that Rathna Rice mills not agreeing to release Nadu rice to the market under the government imposed controlled price.

Update: Afghan earthquake: At least 920 people killed and 600 wounded, officials say

A powerful earthquake has killed at least 920 people and left hundreds more injured in Afghanistan, Taliban officials say.

Dhammika says SL is a ship rocking rapidly

Newly sworn in SLPP Parliamentarian Dhammika Perera today said that he had submitted his asset declaration and tax clearance certificate prior to accepting the appointment.

Wimal says US Ambassador had intervened in Aragalaya

Parliamentarian Wimal Weerawansa today revealed that a move to remove Galle Face protesters by police trucks sometime ago had to be withdrawn due to the intervention of the US Ambassador.

Teams from US Treasury and India will arrive here: PM

Prime Minister Ranil Wickremesinghe today said that officials from the US Department of Treasury and India will visit Sri Lanka to discuss the economic situation in the country.

US$ 34mn paid for furnace oil cargo: Minister

Power and Energy Minister Kanchana Wijesekera today said that US$ 34 million was paid yesterday for a shipment of furnace fuel.

‘Ratta’, Lahiru surrender to police

Seven men, including YouTuber Rathindu Senaratne alias ‘Ratta’ and National Organizer of ‘Youth for Change’ Lahiru Weerasekara, who were wanted for violent activities near the Education Ministry and police headquarters, have surrendered to the Maradana police this morning, police said.

No pay leave for public service officers to take up overseas jobs

A circular has been issued today allowing no pay leave with proceed with securing jobs locally or overseas for public service officers without causing any prejudice to seniority and pension.

Dozens killed as 6.1 magnitude quake shakes Afghanistan, Pakistan

An earthquake of magnitude 6.1 has killed at least 130 people in Afghanistan, the country’s disaster management authority says.

Tense situation near PM's private residence

A tense situation prevails currently in front of the Prime Minister’s private residence on 5th Lane, Flower Road, Colombo.

Dhammika Perera sworn in as MP

Business tycoon Dhammika Perera was sworn as an MP before Speaker Mahinda Yapa Abeywardana a short while ago.