News Room : Will the president lose his finance ministry if the speaker signs on the 22nd?
With the Speaker’s signature on the 22nd Constitutional Amendment passed by the Parliament, there is a notion that the President’s position of Finance Minister will be eliminated. The amendment specifies that the President may only hold the position of Defense Minister. In accordance with Article 44 (3), if a subject or function is unassigned, the President may only perform those duties...
News Room : CBK issues statement on release of her ex-LTTE attackers
Former President Chandrika Bandaranaike Kumaratunga issuing a statement has said the decision to release three ex-LTTE cadres who attempted to assassinate her was a correct decision. Releasing a video on her personal Facebook page, Kumaratunga said out of the three, two are a husband and wife duo from Kotahena who were accused of fitting the explosive vest on the suicide...
News Room : Company registration fees increased
President Ranil Wickramasinghe has issued an extraordinary gazette notice raising the registration fees of companies and societies. Accordingly, The new fee for registering a private limited company is Rs 4,600. The new fee for registering a public limited company is Rs.23,000. The new fee for registering an unlimited company is Rs 17,250.
News Room : SJB vows to defeat proposed tax reforms
Samagi Jana Balawegaya MP S.M Marrikkar says his party will work towards defeating the government's proposed tax reforms. He said the party would vote against the proposed tax hikes in parliament. “As representatives of the people, we cannot vote for these exorbitant tax hikes at a time when the price of goods have increased significantly. We will not vote...
News Room : SLPP politicians’ son, nephew led-group wreaked havoc in Yala
Nine granted bail, seven SUVs out of over dozen taken into custody By Ifham Nizam A senior official at the Department of Wildlife yesterday identified the ring leaders of the recent daring escapade at the Yala National Park as the son of an SLPP MP and the nephew of a minister. Wildlife Department and Forest Department officials along with nature lovers repeatedly urged Wildlife...
News Room : Cargills Food City opens its 500th outlet, affirms its commitment to revitalise local economy – The Island
Seneka Abeyratne The interim budget speech, presented in parliament on August 30th, is eloquently written. It is easy to read and sprinkled with the right buzz words. It is crisp and flows like a meandering stream. But an interim budget speech should be a little more than a meandering stream. Though it possesses many positive features, what it lacks is...
News Room : Hashan Tillakaratne appointed Bangladesh women’s head coach
Bangladesh have appointed former Sri Lankan batsman Hashan Tillakaratne as the head coach of the women’s team for the next two years. Tillakaratne, the current Sri Lankan women’s head coach, will arrive in November to take up the responsibility. Nadel Chowdhury, BCB women’s cricket chairman, confirmed the development, adding that they finalized the deal during the Asia Cup, played in Bangladesh...
News Room : St. John’s Nugegoda bow out after advancing to second round
Under 19 Division III Tier ‘A’ Cricket St. John’s College, Nugegoda reached the second round of the Under 19 cricket tournament after a lapse of several years this season. The team captained by Obhasha Thotawatta competed in group ‘Q’ of the Division III tournament where Jaffna Central, Sri Pangnananda MV, Kotugoda, Lyceum International ,Nugegoda, Wayamba Royal, Kurunegala, C.W.W. Kannangara MV, Colombo,...
News Room : 72nd Battle of the Golds Powered by Dialog – The Island
Moratuwa comes alive to the sound of Papare Bands this October as Sri Lanka’s premier connectivity provider, Dialog Axiata PLC, continuing its promise to support Sri Lanka sports has come forth once again to power the 72nd edition of the Battle of the Golds encounter between home town archrivals, St. Sebastian’s College and Prince of Wales’ College, Moratuwa. The 2022...
News Room : Purge begins! – The Island
Thursday 27th October, 2022 The biggest problem ordinary Sri Lankans are grappling with, amidst the national feeling of doom and gloom, is keeping the wolf from the door. Besides, the state coffers are empty and foreign currency reserves extremely low. The country continues to be mired in debt with no prospect of recovery in the foreseeable future. Hospitals are experiencing...