News Room : Showers and thundershowers over most parts of the country today – The Island
Weather forecast issued at 05.30 a.m. on 01 April 2023 by the Department of Meteorology Showers or thundershowers will occur at several places in Uva, Central, Southern, Sabaragamuwa, Western, North-Western and North-Central provinces and in Mannar district during the afternoon or night. Fairly heavy showers above 50mm are likely at some places in above areas. Showers may occur in the Batticaloa,...
News Room : Police failure to contain May 2022 violence explained
Police inaction to prevent arson attacks against SLPP politicians in the Western province on May 9 may have been due to orders not to carry weapons to deal with protesters, a new investigation has revealed.A review of the role of the police at the time showed Senior Deputy Inspector General Deshabandu Tennakoon had ordered all officers under him to...
News Room : SL will engage major T-bond holders for voluntary optimization: Governor – The Island
ECONOMYNEXT –Sri Lanka will not re-structure Treasury bills outside of central bank holdings and will engage with major T-bond holders for voluntary ‘optimization’ Governor Nandalal Weerasinghe said. “There will be some treatment on central bank held Treasury bills,” Governor Nandal Weeasinghe told a creditor presentation Thursday. “Other Treasury bill holdings will not be treated. Treasury bonds we envisage voluntary optimization.” Sri Lanka...
News Room : Dr. Sarah Fazy wins Outstanding Business Woman Award 2022
Recognition of self-made success and dedication Sri Lanka’s leading Cosmetic and Aesthetic Physician Dr. Sarah Fazy, also fondly known as Dr. Cherry was awarded the Outstanding Business Woman Award 2022 by CEO Magazine’s CEO Awards. Dedicated to honouring leadership in the business world, the CEO Magazine provides a platform for all genres of corporate icons. At the recently held awards night,...
News Room : Stampede at Ramadan food distribution centre kills 11 in Pakistan – The Island
Aljazeera quoting police and rescue officials has reported that a stampede at a Ramadan food distribution centre in Pakistan’s southern city of Karachi has killed at least 11 people, all women and children. Several people were also injured in Friday’s incident, which happened when hundreds of people panicked and started pushing each other to collect food outside a factory. Some...
News Room : Government is committed to building a digitized modern Sri Lanka-President – The Island
The Bar Association of Sri Lanka (BASL) has urged the government to take steps to ensure the safety of its former head Saliya Pieris, PC.The BASL says there have been organised protests in Colombo against Saliya Pieris PC, the Former President of the Bar Association of Sri Lanka, conducting his professional duties with regard to a particular client. The BASL...
News Room : Govt. ponders domestic debt optimisation operation
Sri Lankan authorities are exploring the possibility of domestic debt optimisation (DDO) operations aimed at liquidity relief while preserving financial stability to avoid further eroding of Sri Lanka’s repayment capacity, the country’s Central Bank said issuing a press release on Thursday night. The Central bank said the DDO would be conducted on a voluntary basis and be based on its...
News Room : IMF Loan Risks Eroding Rights – The Island
(Washington, DC) – The government of Sri Lanka should ensure that policies to enhance revenues do not further erode economic and social rights and that anti-corruption reforms provide accountability, Human Rights Watch said on Thursady. On March 20, 2023, the International Monetary Fund (IMF) approved a US$3 billion loan to Sri Lanka to help resolve the spiraling economic crisis...
News Room : Dhananjaya de Silva returns as Sri Lanka bat first in Hamilton – The Island
While the rained out second ODI in Christchurch would have no doubt been frustrating for both sets of players, the fact remains that its impact on the grander scheme of things was rather minimal – at least in terms of the World Cup Super League. Having shared the points, and despite Sri Lanka also being docked a Super League point...
News Room : Donald Trump to be charged over hush money
BBC reported that former US President Donald Trump will be charged over hush money payments made to a porn star just before the 2016 presidential election. The details of the case against him have not yet been released. A grand jury has voted to indict him after investigating a $130,000 pay-out to Stormy Daniels in an attempt to buy her...