Latest News
Arjuna boycotts China tour
Monday, 15 August 2016 09:09Ports minister Arjuna Ranatunga is unhappy over the Ports Authority being removed as a partner under the new agreement for the Colombo port city project.
Finance minister hunts down traders who led VAT protests
Monday, 15 August 2016 08:30The Customs has allegedly sealed around seven clothes shops belonging traders who have led protests against the VAT increase, reports say.
SA Emerging team ready for Sri Lanka
Sunday, 14 August 2016 21:40South Africa Emerging team coach Shukri Conrad is expecting their Sri Lanka counterparts to bounce back strongly when the two sides begin their four-day series on Sunday.
Huge projects on launch pad, but Govt. stuck in VAT trap for daily revenue
Sunday, 14 August 2016 21:35The Supreme Court determined that the VAT Amendment draft Bill was placed in Parliament violating the mandatory procedure laid down in the Constitution. It is a Minister who should introduce Bills or Motions in respect of fiscal matters, the court said, noting that they are approved by the Cabinet of Ministers. In this instance, to put it plainly, the draft Bill did not bear a tag to say it has been approved by the Cabinet of Ministers.
No freehold land, but 83,000 jobs, US$13 billion in new financial city: Ministry
Sunday, 14 August 2016 21:33No freehold land will be granted to the Project Company of the Colombo International Financial Centre (CIFC) under the new tripartite agreement which was signed on Friday, the Government said.
Proposal to prevent President Sirisena’s retirement
Sunday, 14 August 2016 21:31A group of leading SLFP members is to ask president Maithripala Sirisena to contest at the next presidential election as the party’s candidate, according to reports reaching Sri Lanka Mirror.
Office on missing persons not aimed at targeting army: Sri Lanka President Sirisena
Sunday, 14 August 2016 21:29Sri Lankan President Maithripala Sirisena has made it clear that his government’s move to set up an office to find about 65,000 people reported missing during the civil war was not aimed at targeting the security forces but for the redressal of those affected by the strife.
Delay in LG polls due to shortcomings in act
Sunday, 14 August 2016 13:29Dates cannot be fixed to hold the local government polls under the existing LG elections act, reports say.