One person injured during shooting incident in Maligawatta

Government lost Rs. 13 billion in revenue from cigarettes

Ceylon Tobacco Company PLC (CTC) says that the revenue model which would have earned the government of Sri Lanka around Rs. 100 billion in 2016 is now broken. The company notes that the excise and VAT hikes in October and November last year, which led to a staggering 43% price increase in legally manufactured cigarettes, have severely impacted what the government earned through the sale of legal cigarettes in Sri Lanka. CTC paid Rs. 73 billion in excise during the first nine months of 2016. Bas

09 Jan, 2017

Ex-First Lady’s relative granted bail in land case

Daisy Forrest Wickramasinghe, a relative of former First Lady Shiranthi Rajapaksa, was granted bail today in a land case. The Colombo Magistrate’s Court granted bail to Daisy Forrest Wickramasinghe in the case involving a plot of land in Dehiwala.

09 Jan, 2017

Former Deputy Minister Sarath Kumara further remanded

Former Deputy Minister Sarath Kumara Gunaratne was further remanded today after being produced in court. The Colombo Chief Magistrate ordered that?Sarath Kumara Gunaratne be remanded till January 13. Gunaratne was arrested in connection to the alleged misappropriation of funds of the Negombo lagoon development project. (Colombo Gazette)

09 Jan, 2017