Aluthkade Court shooting not a threat to national security: Public Security Minister
Minister of Public Security Ananda Wijepala says that the shooting incident that took place inside the Hulftsdrop (Aluthkade) Courts Complex on Wednesday (19) was not any sort of threat to the national security, but instead is linked to longstanding conflicts between organized criminal gangs.
Continue Reading
No relatives come forward to claim body of ‘Ganemulla Sanjeewa’
No relatives of Sanjeewa Kumara Samararatne, also known as “Ganemulla Sanjeewa”, who was killed in a shooting inside the Magistrate’s Court No. 05 at the Aluthkade Courts Complex on Wednesday (19), have come forward to claim his remains.
Continue Reading
Elephant death toll in ‘Meenagaya’ train accident climbs to 6
The number of elephants killed after the Batticaloa-Colombo train, ‘Meenagaya’, collided with a herd of elephants at Gal Oya has risen to six, while another elephant is reportedly critically injured.
Continue Reading
Fitch Ratings optimistic on Sri Lanka’s Budget
The Sri Lankan government’s budget highlights the authorities’ commitment to raising fiscal revenues as a share of GDP – an approach that, if successful, would alleviate a long-standing weakness in the sovereign’s credit profile, says Fitch Ratings.
Continue Reading
Suspect assassinated inside Sri Lanka court in the capital Colombo
A suspect in organized crime was assassinated in a daring shooting inside a court in Sri Lanka’s main court complex in the capital Colombo, in the latest in a series of killings by rival gangs in the island.
Continue Reading
Sri Lanka’s manufacturing and services sectors expand in January 2025
Sri Lanka’s Purchasing Managers’ Index (PMI) for January 2025 recorded growth in both manufacturing and services sectors.
Continue Reading
Sri Lanka’s budget likely to lead to slower fiscal consolidation, Moody’s
-
CNL Reporter
-
February 19, 2025
-
News
-
Moody’s
-
0 Comments
Sri Lanka’s budgeted expenditure for 2025 will likely lead to a wider fiscal deficit and slower-than-expected fiscal consolidation, Moody’s Ratings said on Tuesday, a day after the island nation unveiled its budget.
Continue Reading
CCC hails 2025 Budget’s ‘bold proposals ‘avoiding ad-hoc tax measures
The Ceylon Chamber of Commerce (CCC) has welcomed the “bold proposals” in the 2025 Budget, which it says align with its recommendations, Sri Lanka Economic Summit discussions, and Vision 2030 goals.
Continue Reading
SL budget’s Rs. 135 bn defence allocation raises transparency concerns:
A top economist yesterday raised concerns over a potential procurement corruption process or gross misrepresentation in the government’s 2025 budget, particularly regarding public sector salaries and defence expenditure.
Continue Reading
IMF to decide EFF funding of $333 Million on February 28
The Third Review under the Extended Fund Facility for Sri Lanka will be taken up by the Executive Board of the International Monetary Fund on the 28th of February 2025.
Continue Reading
