As a large amount of the initial public offering (IPO) shares of companies get often allocated to so-called undisclosed eligible investors, market participants are calling for the disclosure of such shareholders in a bid to bring in transparency to t

With the country running on a very thin power supply with the shortage of fuel created by the forex crisis, sources at the Ceylon Electricity Board said they will be compelled to issue the power supply times to the general public from March, similar

Party leaders in Parliament have decided to take up the proposed Special Goods and Services Tax Bill on February 10, 2022, media unit of Parliament which quoted Secretary General Dhammika Dasanayake said today.

The country is currently facing an acute shortage of three metric tons of cement for the construction industry, National Construction Association of Sri Lanka (NCASL) Chairman Susantha Ranjith Liyanarachchi said.

A sharp increase in COVID-19 cases was being reported daily at present exceeding the hospital capacity, Public Health Inspectors Union President Upul Rohana said.

A decision will be taken this evening whether to go ahead with power cuts or not, and recommendations will be given to all institutions and consumers to use electricity sparingly, Public Utilities Commission of Sri Lanka (PUCSL) Chairman Janaka Ratn

An ambulance driver came under gun shot attack in front of the Kethumathi Hospital in Panadura this morning, Police said.

‘Sri Lanka Prisons Emergency Action and Tactical Force’ (SPEAT Force) was introduced to thwart corruption and misconduct in Prisons and to control such issues in a more transparent approach the Defence Secretary Gen. Kamal Gunaratne said yesterda

The Chinese government has pledged to provide three more fully equipped seismic centres and one of them to be establish at the Western and North-Western Provincial boundaries, the Environment Ministry said.

The number of people who recieved the Covid-19 booster dose in Sri Lanka exceeded five million with a total of 30,253 doses being administered yesterday, State Minister Prof Channa Jayasumana said.

Hela Apparel Holdings, the holding company of Hela Clothing Group, made history this month with the successful oversubscription of the largest initial public offering (IPO) in the past decade.

Moderna Inc (MRNA.O) said on Wednesday it had started a mid-stage study, testing a booster dose of its COVID-19 vaccine specifically designed to target the Omicron coronavirus variant, a day after rival Pfizer Inc (PFE.N) launched a similar trial.

Chief Government Whip and Highways Minister Johnston Fernando has instructed the Director General of the Road Development Authority to complete upgrading the access road to the Ratmalana airport within 20 days, a statement from the ministry said.

Controversy has arisen with regard to the claim that Pushpika de Silva who represented Sri Lanka at the Mrs.World 2022 pageant had become fourth runner up and with an audio clip being aired over social media involving Ms.De Silva and Mayor of Colombo

Despite speculations that Sri Lanka would plunge into a drug shortage in about two months, the Treasury has released adequate funds enabling commercial banks to open Letters of Credit (LCs) in a bid to overcome the impending drug shortage.

A drastic rise in the spread of COVID-19 has been noticed in the Gampaha and Colombo districts in recent time, State Minister of Primary Health Care, Epidemics, and COVID-19 Disease Control Dr. Sudarshini Fernandopulle said.

Government has decided to carry out an operation to raid cement suppliers and recover hidden stocks, State Ministry of Rural Housing Construction and Building Materials Industries Promotion said today.

Sri Lanka Cricket has appointed fast bowling legend Lasith Malinga as the ‘Bowling Strategy Coach’ of the National Team for the upcoming Tour of Australia.

The Environment Minister has said that the Ministry will take steps to promote the use of bicycles as one of the steps to reduce air pollution.

Nearly 6,000 COVID-19 infections have been reported within seven days showcasing the higher transmissibility of the Omicron variant which is spreading rapidly across the country.

Samagi Jana Balawegaya (SJB) today filed a Special Determination petition in Supreme Court challenging the constitutionality of the bill titled “Special Goods and Services Tax”.

Stealing money from Prime Minister Mahinda Rajapaksa’s account clearly show the escalation of thefts, frauds and corruption in the country, JVP MP Vijitha Herath said today.

The Supreme Court today issued an Interim Order suspending the operation of Prevention of Terrorism (De-radicalization from holding violent extremist religious ideology) Regulations No. 01 of 2021, which was published by way of gazette notification o

The Sapugaskanda oil refinery will be late in resuming its operations due to a delay in opening Letters of Credit (LCs) to procure the required crude oil, Energy Ministry Secretary K. D. R. Olga said.

Rumesh Ratnayake was appointed as the interim coach of the National Cricket Team for the upcoming Sri Lanka Tour of Australia.

Tamil Nadu Chief Minister MK Stalin on Tuesday urged the Union government to prevail upon the Sri Lankan government to stop the auctioning of boats seized by it and end the attacks on Tamil Nadu fishermen.

The Consumer Affairs Authority (CAA) today informed court that it has advised the LPG gas cylinder supplying companies namely Litro Gas and Laughs Gas Companies to accept partially used suspected gas cylinders returned by consumers.

The Sri Lanka Cricket today announced the 20-member squad for the ‘Sri Lanka Tour of Australia 2022.’

Chairman of the Ceylon Electricity Board (CEB) M.M.C Ferdinando has tendered his resignation to President Gotabaya Rajapaksa citing personal reasons.

There is no inspection carried out in Sri Lanka about the quality of cement while being imported into the country, the National Construction Association of Sri Lanka (NCASL) said.