Financial stability is a necessary condition for achieving prosperity and sustainable growth in the country the Governor of the Central bank of Sri Lanka Dr. Indrajit Coomaraswamy said yesterday.
He also pointed out that constructive and effective relationships between the prudent supervisors and audit regulators can enhance financial sector supervisions Speaking
A Sri Lankan bidder, for the failing EAP Group, has complained, to the Governor of the Central Bank Dr. Indrajit Coomaraswamy, that the bidding process to acquire these properties is ‘opaque’ and does not follow the spirit of transparency and good governance.
According to information received by Ceylon Today, the local
Law and Order Minister Sagala Ratnayaka informed Parliament that the fire erupted in a bus at Diyatalawa, this morning, was due to a Grenade explosion.
“It might have been in the bag of a passenger,” Ratnayaka said.
He said the law enforcement authorities were conducting further investigations into the incident.
Nineteen passengers including
The first draft of National Sustainability Dialogue was presented to President Maithripala Sirisena today (Feb 20) at the Presidential secretariat. The Dialogue is drafted in order to list out the sustainable development targets to be achieved by Sri Lanka in economic, social and environmental spheres by the year 2030.
The Opposition yesterday (20) stressed in Parliament that since the consensual Government has not renewed its Memorandum of Understanding (MoU), all MPs in excess of 30 holding Cabinet portfolios are illegal. As a result of that, the Government does not hold the power to rule the country, they claimed. The
Controversial National Payment Platform revived:
Many an eyebrow has been raised by a government move to set up a hybrid company as part of the controversial National Payment Platform (NPP) to facilitate ‘single button transactions’.
Central Bank Governor Dr. Indrajith Coomaraswamy has written to E. M. S. B. Ekanayake, Secretary to Prime
The initial investigations revealed that the cause of the fire which took place on a private bus in Kahagolla, Diyathalawa was a hand grenade explosion. The hand grenade may have hidden inside a bag of a commuter, the investigators believe. However,… Read More
Initial investigations conducted on the explosion and fire which destroyed a passenger bus today revealed that a grenade had caused the explosion, Law and Order Minister Sagala Ratnayake said. He told Parliament that the grenade had reportedly been in the bag of a passenger on the bus. A minor explosion and
Co-Cabinet Spokesperson Minister Dr. Rajitha Senaratne says the proposed cabinet reshuffle could be implemented this week. The Minister said a cabinet reshuffle is not an easy one and it needs time. Dr. Senaratne said this addressing the weekly cabinet… Read More
Government has not been decided to increase the price of domestic gas in the upcoming days until the pricing formula is finalised, Industry and Commerce Minister Rishard Bathiudeen said.
The Progress Review Meeting to examine the progress of the projects and of future development plans conducted under the Ministry of Mahaweli Development and Environment was held under the patronage of the President Maithripala Sirisena today (Feb 21) at the auditorium of Ministry of Mahaweli Development.
Detailed discussions were held regarding
The two main partners in the unity Government confirmed today they have not divorced. The United National Party (UNP) and the United People’s Freedom Alliance (UPFA) informed Parliament that the agreement reached between both sides in 2015 is still valid. Prime Minister Ranil Wickremesinghe said that the agreement is continuing legally
Bangladesh would welcome former captain Mashrafe Mortaza back into the national Twenty20 side if he decides to come out of retirement, cricket board president Nazmul Hasan said on Tuesday. The 34-year-old fast bowler announced his retirement from international T20s in February last year but continued to lead Bangladesh in one-day internationals. Bangladesh have failed
Brig. Priyanka Fernando recalled The Defence Attaché of Sri Lanka High Commission in London, Brigadier Priyanka Fernando has been recalled. Speaking at the weekly cabinet media briefing, Military Spokesperson Brig. Sumith Atapattu said he… Read More
An Australian town has been hit by a dust storm that covered the outback community in orange dust. The storm swept through Charleville in south-west Queensland on Tuesday, knocking down trees and causing minor damage. The scene prompted many residents to post photos and videos on social media. Authorities said
Prime Minister Ranil Wickremesinghe, speaking in Parliament today (21), says that the National Government is still valid. MORE..
General Secretary of the United People’s Freedom Alliance, Minister Mahinda Amaraweera says that the UPFA has not withdrawn from the Unity Government agreement. He said this in Parliament a short while ago. Read More
JVP Leader and Chief Whip of the Opposition Parliamentarian Anura Dissanayake raised a point of order in Parliament yesterday (20th) stating having ministerial portfolios for more than 30 members was illegal as the ‘unity’ Government has not renewed its Memorandum of Understanding (MoU), He said, as a result, the present
Seventeen passengers including twelve military personnel and a woman were injured in an explosion inside a bus in Diyatalawa this morning, Army Media Spokesperson Brigadier Sumith Atapattu said.
At-least sixteen passengers including a woman were injured following a fire in a bus heading to Kahagolla from Diyatalawa this morning, police said.
Being a political elite and having a despot mind, it was not possible for Jinnah going through the root of a Bengali nation. Even he could […]
Chairman of Consumer Affairs (CAA) Authority Hasitha Thilakaratne says that although several companies request for a price hike, the CAA will only increase prices after a comprehensive inquiry, and after approval is granted from the cabinet subcommittee on cost of living. MORE…
Locomotive Engineering Operators Union says they would launch an island-wide strike if actions are not taken to arrest those who pelted stones at the Colombo bound Night Mail train at Trincomalee last night (Feb. 20). The LEOU secretary Indika Dodangoda… Read More
The course of our movements explores the history, sociology, and politics of Bangladesh’s struggles for freedom and social justice. The organising class puts more emphasis on […]
For a couple of years, Mohammed Hanif followed Asma Jahangir on her annual fact-finding missions to Balochistan. by Mohammed Hanif and Hasan Zaidi Courtesy: dawn.com ( February 21, […]
A Sri Lankan asylum seeker who claims he once built warships for the Tamil Tigers says he will be tortured and possibly killed in his home country if he is deported by the Australian Government on Thursday. MORE..
Initial investigations conducted by police have revealed that the fire that engulfed a bus at Kahagolla in Diyathalawa was caused by a hand grenade explosion inside the bus. However, a senior police officer said that it could only be confirmed after… Read More
Making yet another momentous milestone in their journey towards fostering an economically progressive society; living with dignity, Sarvodaya Development Finance joined LankaPay Common ATM Network via LankaPay hosted solution, which consists of LankaPay Shared ATM Switch (SAS) and LankaPay Card Management System (CMS) with state-of-the-art technology. Sarvodaya Development Finance is