Bread price goes up as Prima increases wheat flour cost

Moves underway to pardon Ranjan Ramanayake

The Government is considering granting a presidential pardon to jailed former MP Ranjan Ramanayake. Justice Minister Wijeydasa Rajapaksha said that he has sought a report from the Prisons Department to consider freeing Ranjan Ramanayake. The Supreme Court had?sentenced former MP Ranjan Ramanayake?to four years rigorous imprisonment over charges of contempt of court. Ramanayake?s?Parliament seat was also abolished due to his sentencing, despite objections raised by the opposition on multiple o

16 Jul, 2022

IMF Chief says Sri Lanka a warning sign to world

International Monetary Fund (IMF) Managing Director Kristalina Georgieva says the economic crisis in Sri Lanka is a warning sign to the rest of the world. Speaking to G20 Finance Ministers and Central Bank Governors in Indonesia today, Georgieva said that the global economic outlook has darkened significantly, and uncertainty is exceptionally high. “Downside risks about which the IMF had previously warned have now materialized,” she said. Georgieva said the war in Ukraine has intensified, exe

16 Jul, 2022

Diesel consignment arrives, petrol expected on 18-19th July

A consignment of diesel arrived in the country today and a petrol shipment is expected on 18-19th July. Energy Minister Kanchana Wijesekera said that a diesel cargo consignment arrived early this morning in Colombo the quality sample checking was underway. He said the second diesel cargo will arrive later today and will follow the same procedure. The Minister said that a petrol shipment is scheduled to arrive on 18-19th July. The Minister said that payments have been completed for all three

16 Jul, 2022