Sanjay Rajaratnam sworn in as new Attorney General

President’s Counsel Sanjay Rajaratnam was sworn in as the new Attorney General before President Gotabaya Rajapaksa at the Presidential Secretariat, today (26). Sanjaya Rajaratnam is the 48th Attorney General of Sri Lanka.He has been serving the Attorney General’s Department for the last 34 years, he went onto hold the post of Senior State Counsel, Deputy […]

Number of measures to minimize damage to marine ecosystem from MV X- Press Pearl Vessel

The Marine Environment Protection Authority (MEPA), security forces and other responsible government entities have launched a comprehensive operation to mitigate the damage to the marine environment and coastline by the MV X-Press Pearl vessel which caught fire and is in distress off the coast of Colombo. The President has instructed the officials to pay special […]

Second stock of Sinopharm added to vaccination drive from today

President Gotabaya Rajapaksa has instructed that the second stock of 500,000 Sinopharm vaccine doses received as a gift from the Chinese Government, be used in the vaccination drive from today (26). Accordingly, plans have been made to distribute the vaccines among several districts based on priorities recommended by the health sector. The SriLankan Airlines flight […]

Central Bank extends concessions for COVID-19 affected businesses & individuals

With a view to meeting the challenges faced by businesses and individuals due to the third wave of COVID-19, Sri Lanka’s Central Bank has requested banks to extend the concessions. Accordingly, deferment or restructuring of existing credit facilities in the performing category as well as concessions for credit facilities in the non-performing category has been […]

Aitken Spence non-tourism sectors record highest ever PBT of Rs. 5 bn in 2020-2021

During a turbulent financial year that was affected by the unprecedented COVID-19 pandemic, Aitken Spence Group’s non-tourism sectors delivered the highest ever profit before tax of Rs. 5.01 billion for the twelve months ending 31st March 2021 compared to Rs. 4.2 billion last year and partially offsetting the impact of the Group’s Tourism portfolio which […]

Statement by Ajith Nivard Cabraal, State Minister of Money & Capital Markets

Since of late, there has been a massive mud-slinging effort against me and my family carried out in an organised manner by a group of persons. At present, that group is claiming that my son Chatura Cabraal is employed by the Company which is carrying out the construction work of the Colombo Port City, thereby […]

State-of-the-art Petroleum Testing Laboratory at Hambantota International Port

The Hambantota International Port (HIP) will partner Intertek Lanka (Pvt) Ltd to establish a state-of-the-art petroleum testing laboratory which will be unique to Sri Lanka. Through this facility, Intertek will provide innovative and bespoke assurance, testing, inspection and certification services. Johnson Liu, CEO of HIPG says, “HIPG has great potential in energy services due to […]

Travel restrictions extended until June 7; temporary relaxations on May 25, 31 & June 4

The government has decided to extend the travel restrictions until the 07th of June to contain the current Covid situation. The decision was taken at a meeting with the Special Committee on COVID-19 chaired by President Gotabaya Rajapaksa at the Presidential Secretariat this morning (24). Travel restrictions will be relaxed from 4.00 am to 11.00 […]

‘s economy collapse due to lockdown?

By Charith Isuru  The answer is a BIG NO….. What are possible scenarios that can cause a possible economic collapse in Sri Lanka during this Covid pandemic? 1. Substantial downturn in exports. 2. Sizable loss in foreign worker remittances. 3. Unexpected surge in imports to an unbearable level. 4. Lack of foreign currency inflows to […]

PUCSL to issue NVQ3 Level certificates to 45,000 electricians in Sri Lanka within two years

The Public Utilities Commission of Sri Lanka (PUCSL) has launched a program to provide National Vocational Qualification (NVQ 3 Level) free of charge to trained electricians island-wide from last March. This project is being carried out in collaboration with the National Vocational Training Authority and the Tertiary and Vocational Education Commission. Accordingly, 2500 electricians covering […]

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