Import levy on big onions increased

Journalist Sivaram remembered 17 years after his murder

Journalist Dharmeratnam Sivaram, better known as Taraki, was remembered today, 17 years after his murder. The Tamil journalist was kidnapped by four men in a white van on 28 April 2005, in front of the Bambalapitya Police station. His body was found the next day near Parliament. He had been beaten and shot in the head. In 1988 with the encouragement of fellow journalist, activist and actor?Richard De Zoysa?he became a reporter for the UN-funded?Inter Press Service?(IPS), for whom De Zoysa was

28 Apr, 2022

Namal says ruling coalition trying to create majority while country suffers

Former Minister Namal Rajapaksa says the ruling coalition is trying to create a majority while the country is suffering. He fears the overall focus has been shifted on meeting different agendas and not addressing the actual crisis at hand. In a tweet, the former Sports Minister and son of Prime Minister Mahinda Rajapaksa said that the ruling coalition is divided and trying to create a majority, while the country is suffering. He said that while?a section of the general public are busy protest

28 Apr, 2022

S&P lowers Sri Lanka’s sovereign rating to Select Default grade

Global rating agency Standard and Poor?s has lowered the long-term foreign currency sovereign credit rating on Sri Lanka to ?SD? (selective default) from ?CC? as the crisis-hit Island nation missed an interest payment on bonds. On April 18,?Sri Lanka?missed interest payments on its $1.25 billion international sovereign bonds maturing in 2023 and 2028. ?We do not expect the Government to make the coupon payments within 30 calendar days after their due dates,? S&P said in a statement. At the sa

26 Apr, 2022