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Sri Lanka continues its stance on ‘one China policy’
Sri Lanka is to continue to stand by the ‘oneChina policy’ and support China's sovereignty and territorial integrity,
SL to attract tourists from Indonesia amidst tourist arrival hike in June
In a fresh move to attract more tourists amidst the increased tourist arrivals in June ,Sri Tourism Promotion Bureau to promote the ialsnd nation as a potential tourist destination among the Indonesian public.
Banks virtually halt lending to private borrowers
Banks have virtually stopped lending to private borrowers as interest rates climbed to restrictive territory and the economic conditions turned from bad to worse prompting them to tighten credit conditions to contain any more damage to their asset quality.
Parliamentary committee to probe LP gas deal with OQ Trading
The Committee on PublicEnterprises (COPE) is to summon the chairman of Litro Gas and its officials today Tuesday 05 to inquire into allegations that a recent deal with Omani company OQ Trading was marred byirregularities.Its Chairman, Prof. Charita Herath stated that the officials of the company have been instructed to appear on Tuesday at 2PM to answer allegations of irregularities in the LP Gas deal with oq trading of Oman whose local agent was 3D and H company with high political connections.
SL Minister seeking commission from Japanese company ‘Taisei’ raises controversy
Following controversial reports on the Japanese government's unwillingness to aid Sri Lanka due to the country's corrupt politicians as supposedly disclosed by the Japanese...