Protest against move to dump garbage near Kotikawatta

Moody’s changes outlook on Sri Lanka’s rating to negative from stable

Moody’s Investors Service has today affirmed the Government of Sri Lanka’s?foreign currency issuer and senior unsecured sovereign ratings at B1 and changed the outlook to negative?from stable. Moody’s Investors Service said one reason for the downgrading was the?expectation of a further weakening in some of Sri Lanka’s fiscal metrics in an environment of subdued?GDP growth which could lead to renewed balance of payments pressure. The other reason was the possibility that the effectiveness of t

20 Jun, 2016

Ranil says country will go forward under Sirisena’s leadership

Prime Minister Ranil Wickremesinghe today said that the country will go forward under the leadership of President Maithripala Sirisena. He said that President Sirisena will achieve more than what former leaders have achieved in the country. The Prime Minister said that the two main political parties have now united in the best interest of the country. He said under the leadership of the President a major development drive will take place over the next five years. Wickremesinghe also said tha

20 Jun, 2016

Thiruvalluvar statues gifted to Sri Lanka to be installed at 16 places

India has gifted Thiruvalluvar statues to Sri Lanka to be installed at 16 places in the country, the ANI news agency reported. On behalf of the VGP World Tamil Union,its founder VG Santhosam handed over the 16 Thiruvalluvar statues to Sri Lanka. The statues were handed over as a gesture of goodwill to Sri Lanka. (Colombo Gazette)

19 Jun, 2016