Latest News
Asantha questioned on hedging deal
Saturday, 14 March 2015 09:47Former Chairman of Ceylon Petroleum Cooperation Asantha de Mel has been questioned over a complaint received on the oil hedging deal.
SL wait on Herath's fitness, Mathews recovers
Saturday, 14 March 2015 09:44Sri Lanka captain Angelo Mathews has overcome the Achilles concern that forced him off the field early during Scotland's innings on Thursday, team manager Michael de Zoysa has said. However, Rangana Herath's availability for the quarter-final against South Africa on March 18 has not yet been confirmed.
Financial irregularity in Kerawalapitiya plant
Saturday, 14 March 2015 09:43An investigation is to be launched into an alleged financial irregularity that had been committed during the construction of the Kerawalapitiya power plant.
Controversial MiG deal being probed
Saturday, 14 March 2015 09:08A fresh probe has commecned into the alleged financial misappropriations that had been committed in the purchase of four MiG airplanes from Ukraine in 2006 by the Police Financial Fraud Investigation Division.
Tamils in Canada urge Modi to pressure Sri Lanka
Friday, 13 March 2015 20:41Welcoming Indian Prime Minister Narendra Modi's visit to Colombo, a leading Tamil group in Canada - home to the largest Tamil diaspora outside Sri Lanka - has urged him to put pressure on new President Maithiripala Sirisena to resolve the dragging ethnic issue.
India to help Sri Lanka develop regional petroleum hub; IOC signs pact
Friday, 13 March 2015 20:29India will help Sri Lanka developits Trincomalee town as a regional petroleum hub and Indian Oil Corp has reached a joint-development pact with Ceylon Petroleum Corporation, said Prime Minister Narendra Modi on Friday.
China media: Sri Lanka investment
Friday, 13 March 2015 20:27Papers analyse Sri Lanka's decision to suspend a Chinese-funded construction project.
RBI, Sri Lankan central bank agree on $1.5-bn currency swap deal
Friday, 13 March 2015 20:20Reserve Bank of India has agreed for a $1.5-billion currency swap agreement with the Sri Lankan central bank to help the island nation keep its currency stable, Prime Minister Narendra Modi said today.