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Latest News

Is there a shortage of gas in Sri Lanka?
Posted on Thursday July 29, 2021

COLOMBO (News1st): Laugfs Gas, which holds a 30 percent share in the gas cylinder market, has stopped gas imports after not being allowed to hike prices, causing a gas shortage in the country. “….we were unable to open Letters of Credit to import gas. Therefore, gas imports have been reduced,”...

CBSL prints record Rs 213.48 in a single day
Posted on Thursday July 29, 2021

COLOMBO (News1st): The central bank has printed 213.48 billion rupees on Tuesday, central bank data show, the highest amount to be printed by the country so far this year. The money had been printed a day after Sri Lanka settled a USD 1 billion bond payment. But Ajith Nivard Cabraal, the state mi...

Health trade unions warn against Delta variant
Posted on Thursday July 29, 2021

COLOMBO (News1st): Health trade unions have warned that the spread of the highly contagious Delta COVID-19 variant may force the country into a lockdown. “Ten percent of the infected cases are of the delta variant. The situation portrayed by the data is dangerous,” Dr. Prasad Colambage, a centr...

Inquiry Committee recommends to ban Kusal, Dhanushka and Dikwella
Posted on Thursday July 29, 2021

COLOMBO (News 1st); A 05-member committed by Sri Lanka Cricket has recommended to hand out 2 year bans each for Dhanushka Gunathilaka and Kusal Mendis while Niroshan Dickwella would be handed a ban of 18 months from all forms of Cricket. In addition to the ban, the committee has recommended for the ...

Chief suspect in Mt. Lavinia Child Sex Trafficking case linked to drug trafficking
Posted on Thursday July 29, 2021

COLOMBO (News 1st); Detectives investigating the sexual exploitation of a 15-year-old girl from Mount Lavinia told the Colombo Additional Magistrate that the chief suspect in the scandal was linked to drug trafficking and generated money through illegal means. Investigations are being carried out by...

SC concludes examination of petitions against Finance Amendment Bill
Posted on Thursday July 29, 2021

COLOMBO (News 1st); The Sri Lankan Supreme Court on Thursday (29) concluded the examinations of multiple petitions filed against the Finance Amendment Bill, that aims to disclose undisclosed assets. The bench of the Supreme Court announced that its determination on the Bill will be delivered to the ...

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