“I will resign if political stability is not achieved soon” CB Governor

Sri Lanka’s Central Bank Governor Nandalal Weerasinghe says without political stability in the island, the bank’s steps towards the revival of the nation’s economy would not be successful. Speaking to the media a short while ago in Colombo he said he would resign if political parties do not ensure stability in the next two weeks. […]

Secretaries appointed to Ministries of Defence, Public Security and Finance

Three Secretaries have been appointed to the Ministries of Defence, Public Security and Finance from yesterday (10) to ensure the normalcy of the livelihood of the people, in accordance with the powers vested in the President.Accordingly, the secretaries who served in these three Ministries;01. Ministry of Defence – Retired General Kamal Gunaratne 02. Ministry of […]

Sri Lanka: Declaration by High Representative on behalf of EU on latest developments

The European Union (EU) and its 27 Member States are monitoring closely developments in Sri Lanka. The EU condemns the recent vicious attack against peaceful protestors in Colombo, which triggered further violence after a month of peaceful demonstrations had shown, despite some isolated incidents, that Sri Lankans are able to exercise peacefully their right to […]

Joint Chambers call for appointment of interim PM and cabinet

Joint Chambers together with Institute of Chartered Accountants of Sri Lanka call upon the President to take immediate steps to appoint a competent person as the interim Prime Minister and a small Cabinet of Ministers to be appointed in consultation with the Prime Minister acceptable to all leading political parties represented in Parliament. This must […]

Protests at the Naval Base in Trinco

A protest erupted outside the Trincomalee Naval Base as reports have said that former prime minister Mahinda Rajapaksa and some of his family members have sought refuge in the base following anti-government clashes on Monday. The group is demanding the former prime minister and his family be held accountable for the crisis and be arrested. […]

IGP orders CID to probe attack on “Temple Trees and Galle Face Green”

The Inspector General Of Police has ordered the Criminal Investigations Department to immediately initiate investigations into the incident in which a group of supporters of former Prime Minister Mahinda Rajapaksa attacked protesters outside Temple Trees at “Mainagomama” and then at Galle Face Green’s “Gotagogama” on Monday. Police said a group of people who had come […]

Sri Lanka imposes curfew under Section 16 of Public Security Ordinance

Curfew has been imposed on the entire country from 7.00 pm Monday (09) to 7.00 am Tuesday (10) in accordance with the provisions of section 16 of the Public Security Ordinance.Issuing a statement the President’s office said “No person is allowed to be on any public road, railway, public park, public recreation ground or other […]

Sri Lanka PM steps down triggering cabinet resignations following month long protests

Cabinet Ministers have begun to resign following the resignation of the Prime Minister Mahinda Rajapaksa from his post. Channa Jayasumana and Widura Wickramanayake had already tendered their resignation to the President, sources confirmed. Meanwhile, President Gotabaya Rajapaksa has strongly condemned the violent acts taking place in parts of the country right now by those ‘inciting […]

Ceylon Chamber calls for immediate action be taken against attacks on protesters

The Ceylon Chamber of Commerce is alarmed by the violent attacks on protestors outside Temple Trees and at Galle Face and calls upon the Government and the armed forces to take immediate action to prevent peaceful demonstrators being attacked. An impartial investigation should be carried out to identify those responsible and hold them accountable. Failure […]

Uncovering the human element in ESG at Kelani Valley Plantations;Report

The challenge of driving meaningful progress in Environmental, Social and Governance (ESG) standards hinges on people more than it does processes or policies. That is why organisations that can understand the human element in driving change tend to set the pace in their respective industries. As a true pioneer among Sri Lanka’s Regional Plantation Companies […]

New payment terms related to importation of goods gazetted

Regulations have been promulgated under the Imports and Exports Control Act, No. 01 of 1969 and published in the Gazette No. 2278/21 dated 6th May 2022 to regulate selected payment terms related to importation of goods with a view to curb opportunities for under-invoicing at the time of Customs clearance of imported goods.  As per […]

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