Parliament to meet again on November 27th

Five suspects who fled from detention center arrested

Five suspects who fled from the Mirihana detention center have been arrested, the police media unit said. The police said that the five suspects were Indian nationals and that they were among those arrested over a kidney racket.

11 Nov, 2016

Sri Lanka to begin work on an Export-Import Bank

Sri Lanka is to begin work on setting up an Export-Import Bank (Exim) bank, Finance Minister Ravi Karunanayake said today. The Minister told Parliament there was a need for such a bank in Sri Lanka and it will be setup in Sri Lanka as a partnership between the Government and the industry. He said that work on establishing an?Exim bank in Sri Lanka will begin next year. An Exim bank is a Government or semi-Government agency which commonly provides insurance cover to exporters against losses fr

10 Nov, 2016

Several concessions announced for the public

The Government today announced several concessions to the public in the 2017 budget which was presented to Parliament today. Accordingly Finance Minister Ravi Karunanayake announced that green gram will be reduced by Rs. 15, dhal by Rs. 10, potatoes, sprats and kerosene by Rs. 5 and LP gas by Rs. 25. Karunanayake said tolls on the expressways will be reduced by Rs. 50, between 9 pm to 5 am every day. Owing to surplus of rice, 5 kilogrammes of rice per month will be distributed to?each Samurdh

10 Nov, 2016