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Colombo Port accelerates expansion

The Sri Lanka Ports Authority (SLPA) is to purchase three Ships to Store (STS) cranes for the Jaya Container Terminal (JCT) 5 expansion.

PTL Chairman Geoffrey Aloysius arrested

Police have arrested the Chairman of Perpetual Treasuries Ltd., Geoffrey Aloysius in connection with their investigations into the alleged Bonds Scam, police headquarters said on Monday.

Central Bank ex-Deputy Governor, Perpetual directors arrested

A deputy governor of Sri Lanka's central bank and directors of a dealer in government securities linked to the biggest securities scam in the island have been arrested, police said.

ICT Industry protests tax on card transactions

The Federation of Information Technology Industry is protesting the imposition of taxes on credit and debit card transactions for foreign transactions in the recent budget as it will seriously affect the industry.