Suspect arrested with 46 swords in Colombo

Over 50 skeletal remains unearthed from mass grave in Mannar

Over 50 skeletal remains have been unearthed from a suspected mass grave in Mannar, officials said. Judicial Medical Officer Dr. S. Rajapaksa said that the?skeletal remains of 53 people had been recovered as of yesterday (Wednesday). The remains had been unearthed from the site of an?old CWE building in Mannar. A few skeletal remains first surfaced in March when construction work was carried out at the site located in the Emil Nagar area in Mannar. The site was then sealed off and investigat

26 Jul, 2018

Central Bank cancels licence of Standard Credit Finance Limited

The Central Bank has cancelled the licence of Standard Credit Finance Limited (TSCFL) with immediate effect. TSCFL, a Licensed Finance Company licensed under the Finance Business Act No. 42 of 2011 (FBA) was facing liquidity crisis since 2008 Depositors of the company have been unable to withdraw their money over the last ten years. All efforts made to revive the company through different strategies have failed. The Central Bank said that the continuity of current status will further detrimen

25 Jul, 2018

Australia to support 135 students to participate in projects in Sri Lanka

Australian students continue to seize opportunities to live, study and undertake language training and internships in Sri Lanka under the Australian Government?s New Colombo Plan mobility program. In 2019, the Australian Government will support 135 students to participate in 14 projects in Sri Lanka, creating a new generation? of young Australians with a strong understanding of and enduring connections to this country, the Australian High Commission in Colombo said today. ?The students will ta

26 Jul, 2018