VIDEO: UK inflation hits 40-year high as food prices rise

Inflation is the bad news that keeps on coming. Today’s figures show that it has crept up again to just over 9 percent, the worst in four decades. But behind that headline number others even more alarming ones lurk – like a 32 percent increase in the price of petrol and double digits for staple […]

Final report of Presidential Comm of inquiry on SL Customs, handed over to President

The final report of the Presidential Commission of Inquiry into Sri Lanka Customs was handed over to President Gotabaya Rajapaksa by Chairman of the Commission Supreme Court Judge Shiran Gunaratne at the President’s House, in Colombo Wednesday. A six-member Presidential Commission of Inquiry was appointed by an Extraordinary Gazette Notification on February 24, 2021 to […]

VIDEO: Bloomberg Surveillance – Will the Fed Trigger a Recession?

The U.S. Central Bank’s decision to implement the steepest rise in interest rates for nearly 30 years will have a ripple effect across the world. In its bid to combat soaring inflation the Federal Reserve’s move is likely to roil the U.S. mortgage industry making an already highly stressful process even more difficult for would-be […]

Steps to decentralize all government services at district and divisional levels: President

President Gotabaya Rajapaksa has stated that there is a timely need to decentralize all public services at the district and divisional levels similar to the work-from-home concept. Department of Registration of Persons, Department of Immigration and Emigration, Department of Motor Traffic and other state institutions can be further decentralized at the district and divisional levels […]

Nine cabinet ministers sworn in before President

Nine new Cabinet Ministers of the All-Party Government were sworn in before President Gotabaya Rajapaksa at the President’s House in Colombo this morning (20).They are;01. Nimal Siripala de Silva            –           Minister of Ports, Shipping and Aviation Services 02. Dr. Susil Premajayantha        –           Minister of Education 03. Dr. Keheliya Rambukwella    – […]

Sri Lanka rejects motion on alleged genocide adopted in Canadian Parliament

Sri Lanka notes with regret the adoption of a motion in the Canadian Parliament on the alleged genocide of Tamils in Sri Lanka and recognizing May 18 as Tamil Genocide Remembrance Day, the islands’s Government said in a statement.   “The Government categorically rejects the blatantly false allegation of genocide contained in the parliamentary motion […]

“Rajapaksa government does not support PM Wickremesinghe,” Eran in Parliament

SJB Parliamentarian Eran Wickramaratne said that although Prime Minister Ranil Wickremesinghe had proposed that a female be elected unopposed to the vacant post of Deputy Speaker of Parliament, the Rajapaksas nominated a male and elected him as the deputy speaker opposing the PM’s proposal. By this act the Rajapaksas have made it clear at the […]

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