Advocates of Occupy Galle Face (OGF) are issuing a call to action to the private sector to intensify the pressure for the Rajapaksa regime to step down. A group of good governance activists over the weekend issued a formal notice to the private sector …
Lanka IOC revises fuel prices again | Daily FT
Lanka IOC last night jacked up prices again Gasoline by Rs. 35/ltr and Gasoil price by Rs. 75/ltr citing Rupee devaluation by over 60% during the last month. LIOC said the rupee is constantly devaluing against the dollar after floating by CBSL since 7 …
New Cabinet appointments today | Daily FT
President Gotabaya Rajapaksa is to appoint several new members to the Cabinet today. These will include several State Ministers who are to be promoted to Cabinet rank. Former Ministers Sarath Weerasekera and Dullas Alahapperuma have declined offers of …
Free up over $ 11 b in State-owned assets to ease reserves crisis: Experts | Daily FT
The reserves-strapped Government can free up State-owned commercial assets worth over $ 11 billion to tide with the current and future cash flow crisis, experts said yesterday. “We have $ 52 billion of debt and assets of $ 520 billion so our country’s …
Asia Rugby confirms temporary membership suspension for Sri Lanka | Daily FT
By Shamseer Jaleel Asia Rugby (AR) Executive Committee (EXCO) at a recently concluded meeting in Phuket, Thailand has discussed at length the contrary positions of the Ministry of Youth Affairs and Sports, and National Olympic Committee (NOC) in relati…
World Rugby and NOC recognises Rizly and company | Daily FT
By Shamseer Jaleel Sri Lanka Rugby (SLR) which was suspended by Sports Minister Namal Rajapakse later on was handed over to the Secretary of Ministry of Sports with effect from 1 April. SLR headed by Rizly Ilyas and his team challenged the decision and…