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Sri Lanka revised budget could stoke inflation, debt path uncertain: Moody's

Thursday, 12 February 2015 11:37

A revised budget with a "suggested" deficit of 4.4 percent of gross domestic product supports Sri Lanka's credit profile, but higher current spending could stoke inflation and economic imbalances, Moody's Investors Service, a rating agency has warned

Kshanika resigns ; strike halted

Thursday, 12 February 2015 11:34

Chairperson of the University Grants Commission Professor Kshanika Hirimburegama has tendered her letter of resignation.

Sri Lanka says seeking delay in U.N. war-crimes report

Thursday, 12 February 2015 11:24

Council voted to look into reports of abuses during the Sri Lankan civil war, saying the Sri Lankan government had failed to investigate properly. The U.N. report is due out on March 25.

Air Force pilots fly private planes

Thursday, 12 February 2015 10:31

Two pilots of the Air Force have been assigned to fly planes of an air service belonging to John Keells called Cinnamon Air, srilankamirror learns.

Johnston's liquor permit cancelled!

Thursday, 12 February 2015 09:39

The Excise Department has cancelled the liquor permit of Wayamba Distilleries on Feb. 10, which was functioning under names of two relations of former minister Johnston Fernando.

Bodies in Jaffna's closed wells?

Thursday, 12 February 2015 08:05

Deputy minister of Women's Affairs - Vijayakala Maheswaran has urged authorities to dig out closed wells in Jaffna and commence necessary investigations.

New York Times gives Sri Lanka a pat

Thursday, 12 February 2015 07:52

The New York Times has reported that Sri Lanka under the new government of President Maithripala Sirisena can make progress in the future overcoming all obstacles.

Winds of change blowing over Lanka

Wednesday, 11 February 2015 18:00

The emphasis on Tamil representation in political institutions can create a congenial climate for bilateral ties

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