Purchasing power from two controversial private power plants has become a dispute. The Parliamentary Committee on Public Enterprises (COPE) recently called a report from the respective authorities in this regard. Media reported recently that the CEB was planning to purchase power from these two companies saying that the move is being...
With the recent signing of the Sri Lanka – Singapore Free Trade Agreement (SLSFTA), as well as the Economic and Technological Cooperation Agreement (ETCA) with India that is being negotiated, there has been wide public debate on the issue of allowing free movement of people across borders. Historically, migration policy...
SINGAPORE: Southeast Asia is seen as the pivot of China’s multi-billion dollar Belt and Road Initiative (BRI). Besides the region’s growing markets, Southeast Asia offers China secure sea routes from its coast to elsewhere, and supply routes overland. Yet, five years since President Xi Jinping launched the world’s most ambitious...
COLOMBO (News 1st) -Members of the Committee on Public Enterprises (COPE) met with officials of the Ceylon Electricity board (CEB) and Public Utilities Commission (PUCSL) recently. During the meeting, the members of COPE had been highly critical of procedures followed in power purchasing from private power plants and had also...
COLOMBO (News 1st) – The US State Department has announced that that approximately $39 million in Foreign Military Financing will be made available for Sri Lanka based on congressional approval. A release issued by the US embassy in Sri Lanka notes that the United States looks forward to discussing with the Government of...
As recent tourism statistics have shown signs of optimism, Sri Lanka is well on track to attract a record 2.5 million tourists by the end of this year supported by planned promotion campaigns set to be rolled out to lure visitors during off-season, authoritative sources said last week. According to...
It is reported that attention has also been given to Sri Lanka in the US Defence budget for 2019. The US Defence budget amounts to more than 700 billion US dollars, its largest ever. The US focus on China as a "strategic competitor" comes as the US armed forces are downgrading...
The Railways Department says it has incurred a loss of about 100 million rupees due to the strike action launched by railway trade unions. A senior spokesperson at the department disclosed this. The railway strike was launched on Wednesday afternoon. Meanwhile, railway trade unions stated that several train services will be...
COLOMBO (News 1st) – The secretary to the Ministry of National Policies and Economic Affairs, K.D.S. Ruwan Chandra says that unemployed graduates will be receiving their trainee appointments on the 20th of this month and that the letters of appointment are currently being prepared. Appointment letters are to be issued to...
Finance Minister Mangala Samaraweera says during the first five months of 2018, 287,821 new tax files had been opened.Accordingly, the number of tax files which was at 48,850 has now risen to 336,671.He said this addressing the parliament
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Top 10 UK winter walks – chosen by travel and nature writers

Top 10 UK winter walks – chosen by travel and nature writers The British countryside is especially dramatic in winter, and ideal for a walk...

As new campaigns roll out: SL on track to achieve 2018 tourism target: Officials...

As recent tourism statistics have shown signs of optimism, Sri Lanka is well on track to attract a record 2.5 million tourists by the...

Over 280,000 new tax files opened

Finance Minister Mangala Samaraweera says during the first five months of 2018, 287,821 new tax files had been opened.Accordingly, the number of tax files...

Sri Lankan Army to Train As Train Drivers

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Shock treatment as Sri Lanka battles wild elephants – Channel NewsAsia

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