Colombo: Sri Lankan police have arrested two army corporals for their suspected involvement in anti-Muslim riots in the central highlands district of Kandy last month, police said on Tuesday. It was the first … Muslims comprise about nine percent of Sri Lanka’s population of 21 million. Buddhists make up …
COLOMBO (Reuters) – Sri Lankan police have arrested two army corporals for their suspected involvement in anti-Muslim riots in the central highlands district of Kandy last month, police said on Tuesday. It was the first arrest of serving soldiers for t…
ECONOMYNEXT – Chevron Lubricants Lanka has said profit margins were getting squeezed with intensifying competition and rising costs and the industry struggling with excess blending capacity. Net profit at Chevron’s Sri Lanka unit fell 26% to Rs. 2.6 billion in 2017 from a year ago. “The decline in …
Cardinal Ranjith even wrote to Sri Lanka’s president urging that tutorial classes be banned on Sundays from 6am to 2pm so they do not interfere with religious instruction. Many private tutors work at weekends focusing on secular studies as this can result in a lucrative side income given the intensifying …
“The Colombo International Container Terminal, a Sino-Lankan joint venture, has become the fastest growing container terminal in the world. The newly completed Moragahakanda Project, which is the biggest reservoir in Sri Lanka, has brought great benefi…
ECONOMYNEXT – Sri Lanka’s bond markets were active after a ceiling rate cut, which was followed up with tens of billions of rupees worth of cash injections below the ceiling rate, which has left money markets flushed with printed money, dealers said. On Tuesday ahead of a bill auction, bonds were …

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Apr 10, Colombo: The highest foreign direct investment in the history of Sri Lanka has been recorded during the year 2017, according to the Finance Ministry. The foreign direct investments received by the country during 2017 is around US$ 1.9 billion (…
The Met Office also said that on the apparent northward relative motion of the sun, it is going to be directly over the latitudes of Sri Lanka during 05th to … The nearest areas of Sri Lanka over which the sun is overhead today (10th), are Kalkuda, W…
The charred bodies of a father aged 36, his daughter aged 13 and his son aged 5 were found from a house in Menikhinna, Kandy this morning, Police said. They said a fire had broken out inside the room in which the victims were staying. The cause of fire…