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Political News

UNP condemns President’s threat against Harin

“Many will regard this as an ominous sign of an on-coming authoritarian regime,” the United National Party observed ...

January 13, 2021 2 min read

Army chief wants corruption out of the quarantine process

“Unscrupulous elements” offering to fill hotels with foreign arrivals should not be tolerated Army Commander General...

January 13, 2021 4 min read

SJB says Mannapperuma to replace Ranjan if he loses seat

Opposition lawyers say Ramanayake who was sentenced for contempt of court should be able to continue as an MP

January 13, 2021 2 min read

Mahapola Fund has lost over LKR600 million - COPE

Parliamentary Committee orders a CID investigation into large scare corruption at Mahapola lottery

January 12, 2021 3 min read
US senate committee urges bankrupt Sri Lanka to hold local elections without delay

The committee said that delaying the election would be undemocratic.

Sri Lanka PM denies resignation speculation

No pressure to resign, statement says

Sri Lanka offers closure for 65,000 missing cases

ECONOMYNEXT - Sri Lanka's government on Tuesday announced legislation to effectively acknowledge that an estimated 65,00...

Our Political Correspondent
June 7, 2016 4 min read

Sri Lanka's top spies work for foreign interests after retirement

The heads of Sri Lanka's most controversial intelligence units implicated in several high profile politically-motivated ...

Our Political Correspondent
June 2, 2016 3 min read

Sri Lanka reverses draconian passport rule on asylum seekers

Sri Lanka's government decided on Wednesday to end draconian regulations imposed by the previous regime to deprive passp...

Our Political Correspondent
June 1, 2016 2 min read

Sri Lanka military retracts political diktat

ECONOMYNEXT - Sri Lanka's military commanders Monday withdrew their highly contentious ban on the controversial chief m...

Our Political Correspondent
May 30, 2016 3 min read

Concern mounts over Sri Lanka military's diktat to government

ECONOMYNEXT, Sri Lanka's military commanders banning controversial chief minister of the eastern province and announcing...

Our Political Correspondent
May 29, 2016 3 min read

Sri Lanka appoints representative to Illinois

ECONOMYNEXT – Sri Lankan has appointed an Honorary Consul in the State of Illinois in the United States, home to ...

May 26, 2016 2 min read

Australia helps Sri Lankan flood victims

ECONOMYNEXT - Australia has provided A$500,000 of emergency relief to Sri Lankan flood victims.

May 23, 2016 1 min read

Pakistan sends flood relief, field hospital to Sri Lanka

Pakistan has sent flood relief and a field hospital staffed with doctors to Sri Lankan flood victims, the country's emba...

May 23, 2016 1 min read

Concern over reforms as Sri Lanka marks war anniversary

COLOMBO, May 18, 2016 (AFP) - Sri Lanka, for the first time, included minority Tamils in ceremonies on Wednesday, markin...

May 19, 2016 3 min read

Sri Lanka PM's vehicle always breaking down; using private car

ECONOMYNEXT - The official vehicle assigned to Prime Minister Ranil Wickremesinghe was a hand-me-down from ex-President ...

May 15, 2016 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 331.7485 330.8514
UK Pound 443.7468 438.3450
Euro 372.5204 371.0168
Yen 2.0969 2.0916
Aus Dollar 233.0533 231.1659
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.4948 3.4202
Korean Won 0.2499 0.2479
Oman Rial 861.6397 859.3320
Saudi Riyal 88.4403 88.0955
UAE Dirham 90.3209 90.0766
Source: Central Bank/Indicative
pts %
S&P SL20 5,656.91 -0.43%
CSE All Share 19,927.30 -0.28%
Turnover Rs 1457.79 million 1193.67 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
3-yr bond 9.24 9.25
5-yr bond 9.82 9.56
8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's new quartet mount pressure for prosecutions

ECONOMYNEXT - A new quartet of ministers has mounted pressure on the President and the Prime Minister to prosecute membe...

Our Political Correspondent
May 14, 2016 3 min read

Sri Lanka ‘democracy dividend’ seen urgent

ECONOMYNEXT – Delivering a ‘democracy dividend’ to the Sri Lankan people is of urgent importance aft...

May 13, 2016 2 min read

Sri Lankan president misses Mahinda at VVIP wedding

ECONOMYNEXT - Sri Lanka President Maithripala Sirisena who was the attesting witness at the wedding of Justice Minister ...

Our Political Correspondent
May 9, 2016 2 min read

Sri Lanka and Saudi Arabia to work on exit permits for stranded workers

ECONOMYNEXT - Sri Lanka and Saudi Arabia will work on providing exit permits for stranded expatriate workers, and the he...

May 8, 2016 1 min read

Sri Lanka's assembly puts off vote crisis

ECONOMYNEXT - Sri Lanka's parliamentary Speaker Karu Jayasuriya Friday put off a decision on the legality of a disputed ...

May 6, 2016 3 min read

Sri Lanka's government in deep crisis over finance vote

ECONOMYNEXT - Sri Lanka's de facto opposition scored a major victory when they successfully challenged the government's ...

May 5, 2016 2 min read

Divine push for Sri Lanka's new police chief

ECONOMYNEXT - Sri Lanka's new Inspector-General Pujith Jayasundara has disclosed how he influenced the Constitutional Co...

Our Police Correspondent
May 5, 2016 2 min read

Sri Lanka suspends two MPs after worst brawl in 12 years

ECONOMYNEXT- Sri Lanka's parliament today unanimously voted to suspend two of its members for a period of one week for i...

Our Political Correspondent
May 5, 2016 2 min read

Sri Lanka to discipline two brawling MPs

ECONOMYNEXT - A parliamentary investigation has named two members as being responsible for physical violence that seriou...

May 4, 2016 2 min read

Sri Lanka parliament sees worst brawl in 12 years

ECONOMYNEXT - Sri Lanka's parliament erupted in brawls between rival lawmakers today after ex-army chief Sarath Fonseka ...

Our Political Correspondent
May 3, 2016 2 min read