COLOMBO (News1st) : A fire had erupted at the Central Market in Kegalle, completely engulfing the second floor of the two-storeyed building. Fire brigades from the Mawanella, Kurunegala and Kandy Municipal councils had taken steps to douse the fire, together with army personnel and police officer...

COLOMBO (News1st): The public administration ministry has instructed state authorities to recover loan installments and interest payments of state sector employees, through their salaries from June. Loans obtained by all "tertiary", "senior-level", or "staff grade" employees, will be recovered by...

COLOMBO (News1st) : The central bank has printed 1 billion rupees worth money during the week ending on 12 June 2020. It has printed 242.57 billion rupees so far. The overnight liquidity in the banking sector has reduced by 21.42 billion rupees to 88.19 billion rupees. Meanwhile, the reserve m...

COLOMBO (News1st): The government revenue in the first three months has declined and the budget deficit has widened. During the first three months of 2020, government revenue as a percentage of estimated GDP declined to 2.6 percent from 2.8 percent recorded in the corresponding period of 2019. ...

COLOMBO (News1st): Colombo stocks ended firmer this week with both All Share price index and most liquid index of S&P SL 20 index ended positive as investors bought the risky assists. By 12th June 2020, the All Share Price Index increased by 2.80 per cent to 4,914.83 points and the S&P SL...