30,000 vials with narcotics found in container from India

Friend or foe?

Last week China’s ambassador to Sri Lanka made his first visit to the North-East, in an interesting venture to the Tamil homeland. Qi Zhenhong went to great lengths to ingratiate himself with the Tamil people. The ambassador’s efforts ranged from visiting the historic Jaffna Library where he donated laptops and books, to speaking with Tamil fishermen in Mannar, and baring his chest whilst dressed as a traditional devotee at the Nallur Kandaswamy Temple. Faced with the turmoil of the Rajapaksas i

07 Jan, 2022

Two brothers who went missing found

Two brothers who went missing in November, have been found in Mirigama. According to the Police, the two young boys were found in the Mirigama town today. A search had intensified for the two brothers who remained missing since November. The Criminal Investigations Department (CID) was also investigating the matter. Public assistance?had been sought?on 13th December to locate the two brothers, aged 10 and 12. The two boys from Wattemulla in the Kotadeniyawa Police area, had been reported mi

06 Jan, 2022

Banks in India cautious in dealing with Sri Lanka because of Forex issue

As Sri Lanka grapples with a severe foreign exchange crunch, high street banks in India have turned cautious and selective about their exposures to the island nation. Several institutions have reduced discounting letters of credit (LC) ? the basic instrument for financing trade ? issued by many Lanka lenders while others are giving credit to exporters based on the standing of the party, amount, the tenor of the credit, and standing of the bank issuing LCs. Given the long trade relations, Sri L

07 Jan, 2022