Yasantha Kodagoda sworn in as Court of Appeal President

Colombo stock market records major gains following polls

The Colombo Stock Exchange (CSE) today (18) recorded its highest All Share Price Index (ASPI) for this year. The All Share Price Index rose 106.54 points (1.77%) to 6,129.56 and?the S&P SL20 of more liquid stocks closed 2.30% or 68.56 points at 3,055.08. The daily turnover crossed Rs.2.4 billion mark.

18 Nov, 2019

US Secretary of State calls on Rajapaksa to ensure accountability

The United States Secretary of State Michael R. Pompeo called on President Gotabaya Rajapaksa today to ensure accountability. He said the United States congratulates the people of Sri Lanka on their democratic election and stands ready to work with Gotabaya Rajapaksa as the new President of Sri Lanka. “We call on President Rajapaksa to uphold Sri Lanka?s commitments to security sector reform, accountability, respect for human rights, and non-recurrence of violence,” Pompeo said. Pompeo said t

18 Nov, 2019

China sees greater progress in relations with Sri Lanka under Gota

China on Monday congratulated Gotabaya Rajapaksa on his election as Sri Lankan President, saying it is ready to work with him for “greater progress” in bilateral strategic ties and ensure “high-quality” projects under the Belt and Road Initiative (BRI), the Press Trust of India reported. Rajapaksa defeated Sajith Premadasa in a hotly contested election on Sunday, marking the return of the powerful Rajapaksa dynasty known for its pro-China tilt. Asked for his comment on Rajapaksa’s victory, Chi

18 Nov, 2019