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Economy


Rail strike will end when demands are met – trade unions

Railway trade unions are willing to call off the ongoing train strike anytime if the authorities give a favourable response to their demands, General Secretary of the Sri Lanka Free Railway Employees’ Association Nadeera Manoj said.


86 Cables Cars to be set up in Nuwara-Eliya

Cabinet has approved a proposal for a cable car project targeting tourists and locals in the Nuwara-Eliya District.


Sri Lanka exporters, tourism sector woo China

Some 30 Sri Lankan companies representing various sectors took part in the 16th China International Small and Medium Fair (CISMEF) last week as part of a Sri Lanka Export Development Board (SLEDB) campaign to showcase and promote Sri Lankan products to the Asian giant.


37,000 dual citizenships since 2015; Rs. 100 bn in losses due to fraudulent birth certificate, NICs

Nearly 37,000 Sri Lankans living abroad have been granted dual citizenship since 2015, Immigration and Emigration Controller General Pasan Rathnayaka said yesterday (27).


President declares Railways an essential public service

President Maithripala Sirisena by the powers vested on him had declared Sri Lanka Railways as an essential public service.


New buses for SLTB

The Sri Lanka Transport Board (SLTB) has launched a new bus service at the Shalika Grounds in Narahenpita today (27) under the patronage of Prime Minister Ranil Wickremesinghe.


Unmonitored microcredit lending a burden on rural women – CEPA

The Center for Poverty Analysis (CEPA), a research institute based in Colombo, points out that the unsupervised process of micro credit lending and microfinance activities have resulted the rise of many socio-economic problems among rural women in Sri Lanka.


No attempt to privatise People’s Bank; media reports baseless – Mangala

Media reports quoting an Opposition lawmaker that People’s Bank is to be privatised are completely false and misleading, Finance Minister Mangala Samaraweera said.


CEB going against court order – Consumer rights group

A consumer rights' advocacy group today accused the Ceylon Electricity Board (CEB) of going against a direct order by the Court of Appeal which quashed the controversial 2014 CEB engineers' salary circular in April this year.


24-hour water cut in Colombo suburbs

The water supply to some suburbs of Colombo will be disrupted for 24 hours tomorrow (26), the National Water Supply and Drainage Board (NWSDB) said


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