SriLankan to change its cashew supplier after President’s outburst

Colombo stock market records gains for third day

The Colombo stock market recorded gains for a third day today (Friday) during close of trading. The S&P SL20 index moved up by 2.84% while the All Share Price Index (ASPI) went up by 1.04% at the closing of trading today. Daily turnover at the Colombo Stock Exchange (CSE) was recorded as 1.2 billion. The CSE saw gains over the last three says after having some issues when it opened for trading this week. (Colombo Gazette)

15 May, 2020

President assures audited accounts will be made public

President Gotabaya Rajapaksa today assured that the audited accounts of the COVID-19 Health and Social Security Fund, will be made public. The President said that the audited accounts will be shared with the public in due course. “Utilization of the fund will be carried out with complete transparency, and the audited accounts will shared with the public in due course,” he said. He also thanked those who contributed generously thus far to the COVID-19 Health and Social Security Fund. The fund

15 May, 2020

Depression developing over Bay of Bengal to affect Sri Lanka

A depression developing over the Bay of Bengal is to affect Sri Lanka over the next few days. The Department of Meteorology said that a low pressure area over the south east of the Bay of Bengal is likely to developed into a depression over same region during next 12 hours and further intensify into a cyclonic storm over south in the Bay of Bengal tomorrow (16th). The Department of Meteorology said that it is very likely to move northwestwards initially till the 17th and then re-curve north-no

15 May, 2020