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CBSL Rates : Rupee depreciates against the USD

The Sri Lankan Rupee has depreciated further against the US Dollar today (01), compared to last Friday, with both the buying and selling rates increasing.  According to the Central Bank of Sri Lanka, the buying rate of the US Dollar…

Sri Lanka closely following local Meningitis outbreak, keeps watch on Ebola : Health Minister

Sri Lanka’s health authorities have turned their attention to the Ebola virus spreading globally and the meningitis cases reported locally, Minister of Health Nalinda Jayatissa said today (01). Speaking to the media, the Minister noted that measures are already underway…

Sri Lanka to declare five more forests as reserves

Five forests in ecologically sensitive zones are scheduled to be declared as reserves on June 5, raising Sri Lanka’s total number of forest reserves to 86. Minister of Environment Dhammika Patabendi announced the decision today (01) at a media briefing…

Fuel QR system to be strictly implemented in the future – Govt

Sri Lanka’s fuel QR system will be enforced more rigorously in the coming months to curb rising consumption and ease pressure on the economy, Minister of Energy Anura Karunathilake announced today (01). Addressing the media, the Minister said that while…

Sri Lanka to launch Model Cities under Clean Sri Lanka initiative

Sri Lanka is set to establish a new network of Model Cities under the ‘Clean Sri Lanka’ initiative, with plans to integrate digital services, eco‑friendly urban design, and strong social values.  The policy decisions were taken at a meeting of…

Jaffna Bar Association raises concerns over transfer of High Court Judge

The Jaffna Bar Association has raised serious concerns over the sudden transfer of High Court Judge of Jaffna, A.G. Alexraja, to the Civil Appellate High Court of Badulla. In a letter addressed to President Anura Kumara Dissanayake, the Association said…

Teen Lankan refugee killed in India after bar altercation

An 18-year-old Sri Lankan Tamil refugee was killed after a bar brawl escalated into a fatal hit-and-run in Chennai’s Koyambedu in the early hours of Sunday, May 31.  Seven people have been arrested in connection with the case. The deceased,…

Dollar Rate today: USD selling rate increases slightly in banks

The Sri Lankan Rupee has depreciated against the US Dollar across commercial banks in Sri Lanka today (01), compared to last Friday. However, the selling rate remains below Rs. 340.  According to Seylan Bank, the buying rate of the US…

Mano calls for COPF probe into alleged diversion of election funds

Leader of the Tamil Progressive Alliance (TPA), MP Mano Ganesan, has requested the Parliamentary Committee on Public Finance (COPF) to inquire into the reallocation of funds set aside for the conduct of Provincial Council Elections. In a letter addressed to…

Is Russia’s Su-57 Fighter Jet About to Become India’s New Secret Weapon? All About the New Russia-India Defence Deal

Russia and India are in formal consultations regarding a potential deal to manufacture the fifth-generation Su-57E stealth fighter within India. Building on six decades of successful defence cooperation, which has already localised the production of Su-30MKI jets and T-90S tanks,…