News

Independence of CBSL should be protected

Published

6 months ago

November 30, 2022

editor

The Central Bank of Sri Lanka (CBSL) should not be considered as a development bank and steps should be taken to protect its independence, former Central Bank Governor Indrajit Coomaraswamy said.

Dr. Coomaraswamy said this while speaking at a ceremony held in Colombo.

He further said that regardless of the International Monetary Fund’s (IMF) support, measures should be taken to stabilise the economy.

He also said that consulting the IMF is similar to consulting a doctor and the solutions provided by them can sometimes be unpleasant.

News

Natasha remanded (Update)

Published

25 seconds ago

May 28, 2023

editor

Stand up comedian – Natasha Edirisooriya, who was arrested at the Bandaranaike International Airport earlier today (28), has been remanded until June 07.

She was produced before the Colombo Fort Magistrate today by the CID.

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(Previous Update at 01:54 am May 28, 2023)

Nathasha Edirisooriya arrested at BIA

Stand-up comedian Nathasha Edirisooriya, who made some controversial statements against Buddhism at a recent event held in Colombo, has been arrested.

The police said that she was arrested when she arrived at the Katunayake airport to leave the country.

She has been arrested by the Criminal Investigation Department.

BIZ

Sinopec Fuel Oil Lanka clarifies recent allegations

Published

1 hour ago

May 28, 2023

editor

Sinopec Fuel Oil Lanka (Pvt.) Ltd. has issued a statement clarifying their position with regard to allegations raised recently.

In a Tweet, Minister of Power and Energy – Kanchana Wijesekara has published the clarification published by the company.

He adds that he has also requested the Speaker to call the Privileges committee & take necessary disciplinary and legal steps against the false statements made.

Sinopec has issued a statement clarifying their position with regard to the allegations & assumptions made in Parliament & other statements published in the media with regards to the local agents for Fuel Station Operations in Sri Lanka. I have also requested the Hon Speaker to… pic.twitter.com/8XRMXvrnUq
— Kanchana Wijesekera (@kanchana_wij) May 28, 2023

BIZ

Weekly fuel quota up from Tuesday midnight

Published

2 hours ago

May 28, 2023

editor

The national fuel pass QR system allocated fuel quotas will be increased from Tuesday midnight (30), Minister of Power and Energy – Kanchana Wijesekara says.

“Registered Taxi 3 wheelers will receive 22 liters per week, other 3 wheelers 14 liters per week & Motor Bikes 14 liters per week. Cars will receive a quota of 40 liters per week,” he has said.