Stay order preventing FCID from taking action on Gota extended

President says date set to implement death penalty

President Maithripala Sirisena says the date has been set to implement the death penalty. Speaking at an event today, the President said that tough action will be taken against those involved in drug trafficking. He said that the country needs to have strong laws and tough penalties and that punishment must be implemented. As a result he said that the death penalty will be implemented on repeat offenders involved in drug trafficking. Human rights groups and the UN have raised concerns over t

31 Mar, 2019

PM visits Hambantota Port and holds talks with Chinese officials

Prime Minister Ranil Wickremesinghe visited the Hambantota Port today and had talks with Chinese officials in the port. He visited the port while in Hambantota on an inspection tour. The Hambantota Port is operated by Hambantota International Port Services Company (HIPS). HIPS retains the exclusive right to develop, operate and manage the Common User Facilities at the Hambantota Port according to a 99-year concessions agreement signed by the Government of Sri Lanka, Sri Lanka Ports Authority,

30 Mar, 2019

Indian company says Lankan oil plant deal only at preliminary stage

Jagathrakshakan S, the senior DMK leader whose family owns the company that recently agreed to build a $3.8-billion oil refinery in Sri Lanka, said the investment plan for the project was in a ?very preliminary stage? and that it could see several more investors once the details were worked out, the Economic Times reported. The proposed refinery near the Hambantota port is the largest foreign direct investment project in Sri Lanka. That country?s Board of Investments announced on March 21 that

30 Mar, 2019