Archives 2022-05-25
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News1 day agoMore than 6 bn worth of substandard drugs dispensed to patients
The Committee of Public Accounts (COPA) has disclosed that Rs. 6,259 million worth of drugs faced a quality failure from 2011 to 2020 due to improper...
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News1 day ago
CBSL Chief: Economy could be stabilised in year or so if …
By Hiran H. Senewiratne The prevailing Balance of Payments (BoP) crisis could lead to a major social crisis as the available foreign reserves were only sufficient...
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News1 day ago
Dragonfly thought to be extinct found again
By Ifham Nizam Scientists have rediscovered Sri Lankan Clubtail (Anisogomphus ceylonicus), one of the rarest species of dragonflies in the country. The team that made the discovery...
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News1 day ago
Kimarli out
Chairman of Sri Lanka Tourism, Kimarli Fernando yesterday told The Island that she had resigned from her post at the request of newly appointed Tourism Minister...
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News1 day ago
Kerosene subsidy may be abolished soon
By Ifham Nizam Plans were afoot to revise the price of kerosene by providing financial assistance to those who needed relief, Power and Energy Minister Kanchana...
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News1 day ago
Colombage says he opted out of FM
Former Foreign Secretary Admiral (retd) Jayanath Colombage says that he requested the government that he shouldn’t be considered for re-appointment following the dissolution of the Cabinet...
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News1 day ago
Pricing formula sends fuel prices through the roof
By Rathindra Kuruwita The Cabinet had introduced a fuel pricing formula, Minister of Power and Energy, Kanchana Wijesekera said, addressing the post-Cabinet Press Conference. Wijesekera said...
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News1 day ago
Lanka’s Amb. in Tokyo quits amidst bid to secure USD loan
Sri Lanka’s Ambassador to Tokyo Sanjiv Gunasekara had resigned, well informed sources said. The Ambassador’s letter of resignation has been sent to the Foreign Ministry from...
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News1 day ago
Country retains services of two international financial and legal advisors to help restructure its external debt
Sri Lanka had hired two international financial and legal advisors to help restructure Sri Lanka’s external debt, Cabinet Spokesperson Minister Bandula Gunawardane told the media on...
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News1 day ago
Revised petrol, diesel prices
The two main fuel distributors of Sri Lanka, the Ceylon Petroleum Corporation (CPC) and Lanka Indian Oil Corporation (LIOC), increased prices from yesterday (24) morning. Minister...
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News1 day ago
Crisis talks: UN ready to assist
…focus on shortage of essential supplies, unemployment and malnutrition UN Resident Coordinator Hanaa Singer-Hamdy has assured Foreign Minister Prof. G.L. Peiris their support to secure international...
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News1 day ago
21 A: Sri Lanka Direct submit far reaching proposals; Prevention of crossovers among issues raised
Civil society grouping Sri Lanka Direct has forwarded a set of proposals to Justice Minister Dr. Wijeyadasa Rajapakse, PC, spearheading the efforts to promulgate the 21st...
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News1 day ago
Japan Maritime Self-Defence Force honours war dead at Borella cemetery
Japan Maritime Self-Defence Force (JMSDF) Commander (Training Squadron ) Rear Admiral Komuta Shukaku recently visited the Borella Cemetery to honour the spirits of Japanese nationals who demised, including war dead during World War II. JMSDF...
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Business1 day ago
Manudam Mehewara Initiative by Dialog, MAS, Hemas & CBL reach 10,000 families, invites all corporates to Join its countrywide emergency relief mission
In a mission to provide emergency relief to the most vulnerable communities across the country amidst the ongoing economic crisis, the ‘Manudam Mehewara’ initiative reached its...
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Business1 day ago
Ninewells Hospital raises awareness on thyroid disease in newborns to commemorate World Thyroid Day 2022
Ninewells Hospital, Sri Lanka’s leading woman and childcare hospital in the private sector, commemorates World Thyroid Day on 25th May by emphasising the significance of early...
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Business1 day ago
SL plunges into worst economic contraction in the wake of dramatic currency collapse – CBSL Governor
By Hiran H.Senewiratne Sri Lanka will witness the worst economic contraction in its history, as it reels from a currency collapse of the rupee from 200...
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Business1 day ago
Mid-night fuel price hike negatively impacts share market
By Hiran H.Senewiratne The CSE started on a positive note at the beginning and marginally dropped at the end of the day’s trading. The midnight fuel...
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Business1 day ago
“JKH recurring EBITDA grows 152% to Rs.39.26 billion for 2021/22”
The Group witnessed a strong recovery momentum during the year under review with the recurring performance of most of our businesses reaching pre-COVID-19 levels. Group revenue...
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Sports1 day ago
Karunaratne solid in Sri Lanka reply after Mushfiqur heroics
Sri Lanka openers Dimuth Karunaratne and Oshada Fernando struck half-centuries to help the visitors end the second day of the first Test against Bangladesh on 143...
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Sports1 day ago
Kamil Mishara expelled from Dhaka after having ‘visitor’ in hotel room
Promising wicketkeeper batsman Kamil Mishara has been expelled from the national cricket team currently involved in the second Test against Bangladesh in Dhaka. In a statement,...
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Opinion1 day ago
Recent political violence and its consequences
By Dr Laksiri Fernando The government was directly involved in instigating political violence against peaceful protestors on 9 May, consequences of which had to be reaped...
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Opinion1 day ago
21A and Ranil
It is no secret that Prime Minister Ranil Wickramasinghe is adept at “buying time” when confronted with any important issue. He appoints committees for that purpose....
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Midweek Review1 day ago
How Lanka ended up receiving humanitarian assistance from an Indian state
By Shamindra Ferdinando The May 09 ‘operation’, whose father is yet unknown, meant to save Mahinda Rajapaksa’s premiership, has tarnished the Sri Lanka Podujana Peramuna (SLPP),...
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Midweek Review1 day ago
Flowers in Bloom
By Lynn Ockersz Though made somewhat anxious, By the numberless crises in the Isle, That have brought their elders down, The youngsters clad in speckless white,...
