Nadeemal Perera deported from Dubai and detained in Colombo

Restructuring of SriLankan Airlines to be completed in 6 months

The restructuring of State owned SriLankan Airlines is to be completed in 6 months, Ports and Civil Aviation Minister Nimal Siripala de Silva said. He warned that the jobs of SriLankan Airlines employees is at risk if immediate restructuring measures are not implemented. Addressing a press briefing held at the Presidential Media Centre today (30), Minister Nimal Siripala de Silva expressed concerns about the potential loss of jobs for approximately 6,000 employees at SriLankan Airlines if imme

30 Jun, 2023

PUCSL approves 14.2 percent electricity tariff reduction

The Public Utilities Commission of Sri Lanka (PUCSL) has approved an overall 14.2 percent reduction, with conditions, in the electricity tariff with effect from 1st July. Accordingly, lower electricity users in the category of 0 -30 units will recieve a 65 percent electricity tariff reduction, users who are under the category of units 31-60 a 51.5 percent reduction, 24.5 percent reduction on the electricity users who are under the category of units 61-90, 26.3 percent reduction for the hotel se

30 Jun, 2023

COPF approves resolution on Domestic Debt Optimization

The Committee on Public Finance (COPF), which met today, has approved the Resolution on Domestic Debt Optimization by a majority. Extensive discussions on the Domestic Debt Optimization were held for the second consecutive day today at the Committee on Public Finance Chaired by (Dr.) Harsha de Silva. Discussions were also held yesterday (29), with Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL), K. M Mahinda Siriwardana, Secretary to the Treasury and high officials r

30 Jun, 2023