Politics

BIZ Competitive tea industry must be modernised-President 8 hours ago October 31, 2022 President Ranil Wickremesinghe noted that the government is aiming at an agriculture modernization programme in which tea will have a prominent place. He said that the country has…

IMF loan depends on decisions of India & China? It is reported that the International Monetary Fund (IMF) has already informed Sri Lanka that it cannot release the $2.9 billion loan to Sri Lanka without restructuring previous debt with China…

SB warns of Budget defeat; New alliance from Maithri! MP S.B. Mr. Dissanayake says that there is a risk of the government being defeated at the Budget vote if a fresh Cabinet is not appointed before that. Noting that only…

More petals fall from the Lotus bud : Govt. could topple on Nov. 08? Another group of MPs from the Sri Lanka Podujana Peramuna (SLPP) are said to be preparing to break away from the party and re-organize themselves as…

Six petitions filed against Inland Revenue Act So far, six petitions have been filed in the Supreme Court requesting that the Inland Revenue Amendment Bill submitted to Parliament be declared unconstitutional. The petitions have been submitted by the Association of…

Ajith Nivard Cabraal released on bail Former Central Bank Governor Ajith Nivard Cabraal was today released on bail by Colombo Chief Magistrate’s Court over a private plaint filed alleging that he is responsible for the country’s crippling economic crisis. Colombo…

9 suspects in Yala case, bailed The 09 suspects who were involved in reckless driving inside the Yala National Park have been granted bail by the Tissamaharama Magistrate’s Court. Accordingly, they were released on a surety bail of Rs. 500,000…

BIZ Cabinet approval to revise Rooftop Solar Tariff rates Minister of Power and Energy – Kanchana Wijesekara has said that Cabinet approval has been granted to revise Rooftop Solar Tariff rates. Accordingly, a two-tier current tariff rate of Rs 22…

Electricity tariffs to be increased again? There is a plan to increase electricity tariffs by 30 per cent based on a proposal made by the International Monetary Fund (IMF), Ceylon Electricity Board (CEB) Joint Trade Union Alliance said. Speaking at…

COPF approves 4 Gazettes Five Gazettes to be presented to Parliament for approval were considered in the Committee on Public Finance recently and approval was obtained for four gazettes. This approval was given after an analysis of the relevant Gazettes…