Colombo (News 1st): The cabinet has given the green light to obtain the services of internationally experienced institutions for forensic auditing activities of the Central Bank of Sri Lanka. The cabinet of ministers approved the proposal to award this contract to M/s BDO India LLP India and M/s ...

Colombo (News 1st): Many farmers across the nation have faced great difficulty due to not receiving a proper buying price for the Maha season paddy harvest.  Farmers protested yesterday (March 6) requesting a proper price. The cabinet committee recently decided to pay a price of Rs. 38 for a kilo...

Colombo (News 1st): Speaking at a press briefing held at the Ministry of Finance, Minister Mangala Samaraweera noted that from cradle to grave, the people of this country expect to receive everything free of charge and the government provide everything free of charge as well. He noted that the go...

Colombo (News 1st): An event was organized by the Partners of KPMG under the title ''Salient Features of the 2019 Budget''. Minister Mangala Samaraweera speaking at the event said that one of the serious problems that we have is that many deserving young people do not enter university due to the lac...

Colombo (News 1st): The saga of MTD Walkers PLC continues with no end in sight. Following intense concern that MTD Walkers PLC was in a nose dive, several developments have taken place. This includes the settling of a US$19 million facility from EXIM Bank Malaysia. This settlement was done direct...