12 persons were hospitalized following an accident at the Eliwitiya Junction on the Chilaw - Anamaduwa road.The incident had occurred at around 2 am today (Feb. 25). Police said three motorcycles, a car, and a three-wheeler were involved in the accident. The injured, residents of Kumarakattuwa, were admitted to Chilaw Hospital and...
COLOMBO (News 1st) – The owner of Perpetual Treasuries Limited, Arjun Aloysius, and its CEO Kasun Palisena, both remanded over the Central Bank Treasury Bond Scam, have been admitted to the Prisons Hospital. Prions Spokesperson, Thushara Upuldeniya said they were admitted to the Prisons Hospital for a medical check-up. On Thursday...
Colombo : The 2018 edition of the Lanka Property Show was concluded successfully, drawing praise from both exhibitors and visitors. The event, which was organised by Sri Lanka’s leading property website LankaPropertyWeb.com, is the largest property show in the country and was held on the 16th and 17th of...
Feb 21, 2018 (LBO) – Sri Lanka’s new Foreign Exchange Act came into effect last year after the Parliament passed it with amendments. The new law removed criminalisation of violations of the exchange control act and associated prison sentences. New Act covers matters including classes of capital transactions, opening and maintenance...
OPPO, the global smartphone selfie expert and leader held a ‘Meet and Greet’ featuring OPPO ambassador and popular cricketing star Angelo Mathews to coincide with the recent launch of the Limited Edition OPPO Dashing Blue model in Sri Lanka. In true OPPO style, the event unfolded an atmosphere filled with...
Friends and family of Skandaraj Navaratnam, who went missing nearly eight years ago from Toronto's Gay Village, finally have some answers about what happened to the 40-year-old. Homicide Detective Sergeant Hank Idsinga announced Friday morning that the Toronto Police Service had charged Bruce McArthur with Mr. Navaratnam's death, the sixth...
COLOMBO (News1st) – The Central Bank has released a report indicating an increase in export earnings in the year 2017. The report states the export earnings are recorded as USD 11.4 billion by December 2017, the highest in a single year. This figure is a definite growth as opposed to the...
Hundreds of high school and middle school students from the District of Columbia, Maryland and Virginia staged walkouts and gather in front of the White House in support of gun control in the wake of the Florida shooting February 21, 2018 in Washington, DC. / AFP The riveting CNN Town...
Developers from countries other than the US and UK are wooing Indian buyers with citizenship programmes, easier tax regimes and a promise of high rental returns The Global Wealth Migration Review, a report by New World Wealth, a South Africa-based global market research group, has put India as the six...
The Ministry of Finance states that a number of amendments related to importation of vehicle for government servants have been made. According to the Secretary to the Ministry of Finance, H.S Samarathunga, as per the 2018 budget, taxes will be charged based on engine capacity. Earlier, taxes were charged based on...
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