Sri Lanka’s first social innovation lab, Citra, joins hands with the National Innovation Agency to implement innovative approaches in public service delivery.
Imported eggs from India have begun to appear in Sri Lankan markets priced at 35 rupees per egg although initially intended for use only in the cake and biscuit industry, later these eggs became available to consumers as well, official sources said.
Published in Development and Economic NewsTagged underThursday, 18 May 2023 08:08Ecuador’s president dissolves National Assembly
Ecuadorian President Guillermo Lasso invokes a "mutual death" constitutional clause, to dissolve the National Assembly before an impeachment vote against him.
Published in International NewsTagged underWednesday, 17 May 2023 10:06SL SOE restructure gets underway in two months
The Government is to proceed with a proposal to restructure public enterprises, based on a Cabinet paper put forward by President Ranil Wickremesinghe.
Published in Political and Social NewsWednesday, 17 May 2023 09:49Port City Colombo begins construction stage attracting over US$ 14 billion
Port City Colombo (PCC), the ground-breaking infrastructure project aimed at reshaping Sri Lanka's economic landscape, celebrated a momentous milestone as its infrastructure development phase nears completion and commercialization is set to begin.
Published in Development and Economic NewsTagged underWednesday, 17 May 2023 09:29Government launches a housing project exclusively for expatriate workers
Sri Lanka government sticking to its watch word of ‘walk the talk’ is now set to fulfill a pledge given to expatriate workers by implementing a housing project exclusively for expatriate workers.
Published in Political and Social NewsTagged underWednesday, 17 May 2023 09:26Japan provides US $ 4.6 million via FAO to boost SL paddy production
The Government of Japan provides US$ 4.6 million through FAO to boost paddy production in the dry and intermediate zones of Sri Lanka
Published in Development and Economic NewsTagged underTuesday, 16 May 2023 20:04New Zealand hostel fire: At least six dead and more missing in Wellington
At least six people have died and others remain unaccounted for following a fire in a hostel, New Zealand's prime minister has told local media.
Published in International NewsTagged underTuesday, 16 May 2023 19:58Ukraine war: Kyiv hit by 'exceptional' number of missiles
The Ukrainian capital Kyiv has been targeted by further Russian air attacks, described by one official as "exceptional in density".
Published in International NewsTagged underTuesday, 16 May 2023 19:50BOC posts subdued 1Q performance amid unprecedented challenges
Bank of Ceylon (BOC) has reported Rs.3.3 billion of profit before tax for the three-month period ended on March 31, 2023, amidst the unprecedented challenges continued to prevail from the previous year.
Published in Development and Economic NewsTagged underTuesday, 16 May 2023 19:47Catholic Church denounces Pastor Jerome Fernando
We have nothing to do with Pastor Jerome Fernando. He does not belong to the Catholic Church. We also denounce the statement he has made against Buddhism and other religions
Published in Political and Social NewsTagged underTuesday, 16 May 2023 19:18Public Enterprise Restructuring Policy to be implemented
The Cabinet of Ministers approved the proposal presented by the President in his capacity as the Minister of Finance, Economic Stabilization and National Policies to proceed with the restructuring of public enterprises based on the policy Proposal which has been drawn up by the Public Enterprises Restructuring Unit.
Published in Political and Social NewsTagged underTuesday, 16 May 2023 18:42Sydney bound gemstone theft busted at Katunayake air port
Two suspects have been arrested by the Katunayake Bandaranaike International Airport (BIA) Police for stealing 14 gemstones from the high-speed mail bags brought to the airport by the Colombo Central Mail Exchange to be sent on a flight scheduled to travel from BIA to Sydney, Australia.
Published in Political and Social NewsTagged underTuesday, 16 May 2023 18:38BOC posts Rs3.3 billion profit before tax in 1Q2023
The Bank of Ceylon said yesterday it reported Rs. 3.3 billion of Profit before Tax (PBT) for the three-month period ended 31 March amidst the unprecedented challenges continued to prevail from previous year.
Published in Development and Economic NewsTagged underTuesday, 16 May 2023 09:20Rudy Giuliani accused of sexual harassment by ex-employee
Donald Trump's former lawyer Rudy Giuliani is being sued for sexual harassment by an ex-employee.
The $10m (£8m) civil case claims he coerced her into sex acts, making her work naked, and launched into "alcohol-drenched" and racist rants at work.
Published in International NewsTagged underTuesday, 16 May 2023 09:16Durham report: FBI criticised by special counsel for Trump-Russia inquiry
A long-awaited report has strongly criticised the FBI's handling of its investigation into alleged ties between Russia and the 2016 Trump campaign.
Published in International NewsTagged underTuesday, 16 May 2023 09:07Norochcholai unit to be shut down for maintenance
But Minister assures no power cuts
Minister of Power and Energy Kanchana Wijesekara says the Norochcholai Power Plant’s Unit 3 will be shut down for 100 days, from 13 June, for scheduled maintenance.Published in Political and Social NewsTagged underTuesday, 16 May 2023 09:02IMF says addressing corruption key aspect of its programme for SL
CPC, CEB need to recover costs until end of Fund’s loan package
The Ceylon Petroleum Corporation (CPC) and Ceylon Electricity Board (CEB) had to recover costs until the end of the IMF programme, Sarwat Jahan, IMF Resident Representative in Sri Lanka, told a press conference in Colombo yesterday.
Published in Political and Social NewsTuesday, 16 May 2023 08:57China and India dominate investment in Rwanda despite wooing Europe
China and India remain leading investors in the Rwandan economy despite the country investing millions of dollars in investment and tourism promotion in Western Europe.
Published in International News