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WB Country Director lauds President Ranil’s vision and action policy

Senior Advisor to the President on National Security and Chief of Staff of the President Sagala Ratnayake recalled that Faris Hadad-Zervos, the World Bank (WB) Country Director for Maldives, Nepal and Sri Lanka was amazed by the action policy and the vision of President Ranil Wickremesinghe which was revealed during their meeting recently.

Always break down computer system triggers the suspension of passport issuance

Sri Lanka has temporarily suspended accepting applications for passports, said the country’s Department of Immigration and Emigration as the economic crisis continues to tighten its grip on the island nation.

Sri Lanka Highway travel to get expensive with toll fee hike on the way

At a time when fuel prices have been spiraling, even transport, on highway net work , is to become more expensive for local motorists.

SL President expresses the need of wiping out mal-effects of self- declared Bankruptcy

Sri Lanka is now severely feeling the pinch of controversial declaration of preemptive debt default hinting the country’s bankruptcy made by the Central Bank Governor Nandalal Weerasinghe on April 12 as the finance ministry engagement of creditors debt on restructuring process dragging on without any positive results.

Govt orders probe on CPC official 10 % advance payment for fuel suppliers

Shocking details of how some corrupted top officials of state-run Ceylon Petroleum Corporation(CPC) siphoning large sums of dollars in the procurement of oil from its favorite selected suppliers while penalising others who stepped into ease the shortage of fuel in the country have been revealed, Energy Ministry sources confirmed.

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Sri Lanka Launches Bold Crackdown to Recover Stolen Wealth

In a sweeping move to confront decades of entrenched...

Guarantee Trap: Hidden Fiscal Risks Lurking in Sri Lanka’s Debt

Sri Lanka’s growing dependence on government guarantees has turned...

Sri Lanka’s Gem Glory Dimmed by US $1 Billion Black Market

The gem and jewellery industry in Sri Lanka long...

TRCSL Launches 24-Hour ‘1818’ Hotline to Support National Anti-Drug Operation

In support of the island-wide anti-drug campaign themed “Nation United...
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