Beliatta Pradeshiya Sabha Chairman arrested

Laugfs reduces the price of domestic gas

Laugfs Gas has reduced the price of domestic gas from tonight. The company said that the price of a 12.5 kg cylinder and a 5kg cylinder have been reduced. Accordingly, the price of a 12.5 kg cylinder has been reduced by Rs. 1,050 and a 5kg cylinder by Rs. 420. Laugfs said that a 12.5 kg gas cylinder will now be sold for Rs. 5,800, a 5 kg cylinder for Rs. 2,320 and a 2 kg cylinder for Rs. 928. (Colombo Gazette)

17 Aug, 2022

SLPP demands protection for Gotabaya

The Sri Lanka Podujana Peramuna (SLPP) has demanded protection for former President Gotabaya Rajapaksa. The SLPP put forward the demand during a meeting with President Ranil Wickremesinghe today. SLPP National Organizer and former Finance Minister Basil Rajapaksa had assured the President the fullest support of the SLPP to address the current crisis in the country. The SLPP had also requested the President to ensure former President Gotabaya Rajapaksa is given safe passage into Sri Lanka. Fo

18 Aug, 2022

Debt restructuring process being expedited

Sri Lanka is taking expeditious measures to advance the debt restructuring process with the assistance of financial and legal advisors, the Central Bank of Sri Lanka said today. The bank said that negotiations with the International Monetary Fund (IMF) towards reaching a staff-level agreement on the Extended Fund Facility (EFF) arrangement are scheduled in the coming weeks. The Central Bank also said that gross official reserves, as at end July 2022, are estimated at US dollars 1.8 billion, in

18 Aug, 2022