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EPF incurs nearly Rs. 20 billion  in losses; over Rs. 12 bn in foregone earnings

The Employees’ Provident Fund (EPF) has suffered close to Rs. 20 billion in losses from bond and equity market investments, with an additional Rs....

Sri Lanka’s Electricity Tariff Breach Triggers Heavy Losses  for CEB

Maintaining a cost-reflective electricity pricing formula is crucial for Sri Lanka to adhere to the structural benchmarks set by the International Monetary Fund (IMF)....

Labour Minister Refutes Opposition Claims on Adani Investment and Fuel Pricing

Labour Minister and Economic Development Deputy Minister Prof. Anil Jayantha Fernando rejected Opposition allegations regarding the Government’s stance on the Adani Group’s investment and fuel pricing, emphasizing that all...

Special Bus Services Announced for Tooth Relic Exposition

The National Transport Commission (NTC) has announced special bus services for the upcoming Tooth Relic Exposition, which is being held for the first time in...

Navy Cracks Down on Illegal Sea Cucumber Harvesting in Jaffna

The Sri Lanka Navy apprehended 17 individuals involved in the illegal harvesting of sea cucumbers during a special search operation conducted in the waters...

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