Accelerated lending sees loan book grow by Rs 56.8 billion in 3 months Deposits surge by Rs 109.4 billion in final quarter 12-month gross income up 21.82% to Rs 341.6 billion The Commercial Bank of Ceylon Group lent Rs 56.816 billion in the fourth quarter of 2023 at a monthly average of Rs 18.939 billion […]

A team of medical experts from the World Health Organization (WHO), specializing in leprosy, will arrive in Sri Lanka in March, said Director of the Anti-Leprosy Campaign (ALC) Prasad Ranaweera appearing in local TV on Wednesday. He said that the number of leprosy patients found in Sri Lanka has significantly increased in 2023 following a […]

At a time when international aid and medicinal supplies are imperative for Sri Lanka, upon an urgent request for assistance from Ambassador of Sri Lanka in Washington D.C. Mahinda Samarasinghe and the Mission, the support of three renowned U.S. NGOs was generously extended on an in-kind basis to the people of Sri Lanka. The most […]

The Sri Lankan government has held the 37th Session of the Regional Conference for Asia and the Pacific (APRC) organized by the Food and Agriculture Organisation, yet it appears to be unaware of the challenges faced by local farmers, says the Movement for Land and Agricultural Reform (MONLAR). The APRC was held in Colombo from […]

By Rathindra Kuruwita Over 50 percent of Sri Lankan exports to Thailand are gems, and Sri Lanka doesn’t face any trade barriers when exporting precious stones, Subhashini Abeysinghe, says Research Director at Verité Research. Commenting on the recent free trade agreement between the two nations, she said in a recent television interview that Thailand imported […]

The Finance Ministry officials have told the Committee on Public Finance (COPF) that the revenue loss incurred from the initial sugar scam should be classified as tax foregone, instead of a tax loss.

Dozens of lawmakers stormed out of Britain s parliament on Wednesday with tempers flaring as the three biggest political parties sought to outmanoeuvre each other over a vote on a ceasefire in Gaza.

State Minister for Tourism, Diana Gamage says nightlife plays a critical role in driving economic growth, citing it as a cornerstone of the night economy. She underscored that the night economy accounts for a substantial 70% of a country s revenue, illustrating its significant contribution to national finances.

Minister of State for Tourism  Diana Gamage acknowledged that events that emanated noise should be conducted within a soundproof environment without causing any inconvenience or disturbance to other tourists who are here to relax, residents of the area and other businesses inasmuch its necessity to boost the economy by generating revenue. She made this comment […]

Kaduwela Police today arrested suspected drug trafficker and organised criminal gang member, Sudath Kithsiri alias Welivita Sudda .

A Chinese research ship arrived in the Maldives on Thursday, global ship-tracking data showed, just three months after a similar vessel visited the Indian Ocean and sparked New Delhi s security concerns.

President Ranil Wickremesinghe during an observation tour at the Ratmalana Lalith Athulathmudali Vocational Training Centre, this morning (22) , outlined plans to consolidate all vocational training institutes in Sri Lanka into a single vocational college, offering contemporary subject-related courses. He said that the restructuring of vocational education was  essential to align with the demands ...

President Ranil Wickremesinghe on Thursday (Feb.22) underscored that restructuring of vocational education should align with the demands of the modern world, ensuring that the country s youth are equipped to excel in the competitive global job market.

Several contraband items have been found inside two cells at the Boossa high-security prison, in which two criminal gang members were kept incarcerated.

The Department of Meteorology has issued a Heat Index Advisory for tomorrow (Feb. 23) for several parts of the country including Gampaha and Colombo districts.

Forty countries from the Asia and Pacific region today agreed that transforming agrifood systems was imperative to providing food security for their children s generation and beyond, the Food and Agriculture Organization of the United Nations (FAO) reported today.

The lists of names of the members appointed to several parliamentary committees during the Fifth Session of the Ninth Parliament have been announced.

More than 37 archaeological sites in Afghanistan have been destroyed and targeted with Âsystematic looting under the Taliban-run government, according to researchers at the University of Chicago.