Dullas Alahapperuma resigns from SLFP Matara leadership post

Legal battle brings Sri Lankan oil and gas exploration to standstill

Efforts to attract international players to invest in Sri Lanka?s Oil and Gas exploration in the Mannar Basin have once again been gridlocked by legal challenges in the Court of Appeal. A statement noted that Sri Lanka?s efforts to attract and leverage international investment into exploration and commercialisation two blocks adding to over 5,000 square kilometers with potential oil and gas resources in the Mannar Basin have once again been gridlocked by legal challenges in the Court of Appeal.

28 Apr, 2024

Chandrika insists son will not enter politics

Former President Chandrika Kumaratunga insisted that her son Vimukthi will not enter politics. Kumaratunga also denied claims that she is looking to form an alliance with the United National Party. She said that President Ranil Wickremesinghe had invited her to work with the Government but she turned it down. Kumaratunga said she informed the President she cannot work with the Government as long as there are crooks in the Cabinet. The former President also said that she is still confident th

29 Apr, 2024

Ranil says challenge facing Sri Lanka is not about Executive Presidency

President Ranil Wickremesinghe says the challenge Sri Lanka is facing today is not about the Executive Presidency. He says the biggest challenge facing the country today is building a robust economic framework The President said the Government?s aim is to create a highly competitive, export-oriented economy based on market economy. The President underscored the importance of allowing the people to decide the country?s economic trajectory, highlighting that this opportunity should not be misse

27 Apr, 2024