Court rules no evidence to file charges against Champika Ranawaka

Lanka committed to international human rights law

Addressing the plenary of the 32nd International Conference of the Red Cross and?Red Crescent Societies in Geneva, Ambassador Ravinatha Aryasinha, Permanent Representative of Sri Lanka in Geneva, has said there is renewed political commitment and will in Sri Lanka, to strengthen the national International Human Rights Law (IHL) compliance mechanism as well as on advancing measures to prevent and respond to all forms of violence including Sexual and Gender Based Violence (GBV), in a holistic mann

10 Dec, 2015

Nimal takes on Welgama on CTB losses

Transport Minister Nimal Siripala de Silva today slammed former Minister of Transport Kumara Welgama for the losses suffered by the Sri Lanka Transport Board. He said that when the?Sri Lanka Transport Board, also known as the CTB, was under the former Minister, it failed to pay EPF, ETF and gratuity to its employees. He said that the CTB owes several companies and is facing liabilities running into millions of rupees. Earlier?Kumara Welgama insisted that he is being targeted for refusing to j

09 Dec, 2015

IMF warns Lanka facing higher financial risks

The Executive Board of the International Monetary Fund (IMF) has warned that despite continued access to international debt markets, trends in Sri Lanka suggest that financial risks for the country have increased. To mitigate these risks, the IMF says the authorities should take appropriate corrective actions to safeguard macroeconomic stability and lay the foundation for durable and inclusive growth. Improvements in the business climate, reform of state owned enterprises, and a more open trade

10 Dec, 2015