COLOMBO (News 1st): The total number of COVID-19 cases in Sri Lanka has risen to 1060, according to the latest figures published by the Epidemiology Unit at the Ministry of Health. Thereby, 05 people tested positive for the virus on Friday (May 22). As of 7:20 pm on Friday, a total of 431 acti...

COLOMBO (News 1st): Schools will be re-opened only once the fight against COVID-19, concludes, according to the Ministry of Education. "At the beginning of the fight against COVID-19, schools were closed and holidays were declared for the students, therefore, schools will be re-opened only once t...

COLOMBO (News 1st): The Cabinet of Ministers has approved a proposal by Prime Minister Mahinda Rajapaksa to obtain a short loan to facilitate the payment of Rs. 5,000 allowance for the month of May. "The government expects to provide the Rs. 5,000 allowance for 5,144,046 people in the month of Ma...

COLOMBO (News1st): The central bank has cancelled the licence of The Finance Company PLC with effect from May 22, after it failed to recover financially following a reprieve granted last year. The monetary authority in a statement on Friday said it would compensate depositors who have not been ab...

COLOMBO (News1st): Sri Lanka, on Thursday, lifted its import restrictions on several products despite retaining the ban on vehicle imports, as part of its COVID-19 economic revival plan. The temporary ban on the importation of products which was imposed amidst a foreign exchange crisis in April, ...