Category Archives: Latest News

No hesitation to take decisions based on indigenous programme – President’s Independence Day Message

Posted on February 4, 2012 by admin

Our nation is fortunate to celebrate the 64th Independence Day with a genuine sense of dignity about freedom.   Today the national flag flutters pointing to a new country in the making.  The way is open for an independent economy.  … Continue reading →

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Foundation laid for Rs 700 M hotel project in Jaffna

Posted on February 4, 2012 by admin

Prime Minister D.M Jayaratne and the Minister of Economic Development Basil Rajapaksa laid the foundation Stone for Jetwing Yarl hotel in Jaffna on Friday The Rs 700 million project is a joint venture between Mercantile Merchant Bank Ltd, and the … Continue reading →

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Sri Lanka increases Rates for the First Time in Five Years

Posted on February 4, 2012 by admin

Sri Lanka Central bank raised interest rates for the first time since 2007 to curb credit growth in the nation and ensure inflation stays low.   The Central Bank of Sri Lanka CBSL Thursday raised the reverse repurchase rate to … Continue reading →

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Colombo courts complex will not be relocated – Justice Minister

Posted on February 4, 2012 by admin

Justice Minister Rauff Hakeem, met with the lawyers of the Colombo Magistrate’s Court who were protesting under the assumption that the Colombo Magistrate’s Courts complex would be relocated and assured them that there were no plans by the Ministry of … Continue reading →

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