Items filtered by date: September 2018

President Maithripala Sirisena will address the United Nations General Assembly (UNGA) today (September 25). This will be President Sirisena’s fourth consecutive annual address to the world body.

Published in Sri Lanka
Tuesday, 25 September 2018 10:05

GOVT. TO CURTAIL IMPORTS - PM

Prime Minister Ranil Wickremesinghe yesterday said that the government will have to slash imports by US$ 500 million to US$ 1 billion by imposing duties on some sectors because of current economic constraints due to strengthening of the US dollar.

Published in Sri Lanka
Tuesday, 25 September 2018 09:53

MR calls for fresh elections to defend rupee

Former Sri Lankan President Mahinda Rajapaksa (R) walks away after addressing reporters at his residence in Colombo on 22 September, demanding fresh elections as a way to tackle the rapidly-depreciating local currency. Rajapaksa said the rupee had fallen by over 8% against the US Dollar because of poor economic management of the Government and not entirely due to the global strength of the green back – AFP

Published in Sri Lanka

Police Chief Inspector General of Police (IGP) Pujith Jayasundera and a team of Sri Lankan officials will leave for London to participate in a workshop conducted by Scotland Yard.

Published in Sri Lanka

Showers or thundershowers will occur in the Northern, Eastern, North-central, Uva and Central provinces and in the Galle, Matara Kaluthara and Kurunagala districts after 2 pm. Heavy falls of about 100 mm can be expected at some places, according to the Meteorological Department.

Published in Sri Lanka

Sri Lanka will be enforcing several new taxes while revising some existing taxes in January next year.

Published in Business

Sri Lanka’s inflation has come down slightly with Central Bank’s action of maintaining policy interest rates at their current levels at 7.25 per cent and 8.50 per cent, respectively.

Published in Business

In the wake of rupee depreciation to a new high, Sri Lanka's commercial banks have been restricted of excessive foreign currency borrowings and maintaining foreign exchange reserves with the aim of preventing unwarranted macroeconomic and financial stability concerns.

Published in Business

Sri Lanka will be implementing worldwide brand promotion campaign with the aim of finding new markets and strengthening existing ones for Ceylon Tea.

Published in Business

A very late election night victory rally in Michigan for candidate Rashida Tlaib on Aug. 7, followed a week later by an election night victory rally in Minnesota for candidate Ilhan Omar, marked an inflection point in American politics.

Published in World
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