The Central Bank says that headline inflation deviation from the target in the second and third quarters of 2024 was due to transitory supply-side factors, especially significant reductions in energy prices.
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Weekly Political Review Government Struggles in Rising Discontent, Security Concerns, and Public Trust Rohana Jith
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Former President Mahinda Rajapaksa’s second son, Yoshitha, was arrested Saturday in connection with money laundering, police said. It is the second such allegation in nine years against the former naval officer.
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Sri Lanka Railways announced plans to introduce new train services to enhance tourism in the country, starting from February 01.
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In an effort to provide more efficient services to the public, the President’s Fund is set to launch a new initiative to deliver services at the regional level through the offices of the Divisional Secretaries, under the leadership of President Anura Kumara Dissanayake on February 7 at the Temple Trees, Colombo.
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Yoshitha Rajapaksa, the second son of former President Mahinda Rajapaksa, was brought to the Criminal Investigation Department (CID), a short while ago, following his arrest this morning (25).
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Weekly Economic Review
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Amidst several contradictory statements coming from the NPP government ministers over the ongoing rice shortage in the country, it has come to light that the government finds itself in a quandary since it has no accurate data on last year’s paddy production.
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Suspicion surrounds dozens of duck and pelican carcasses found drifting along the surface of the Beira Lake yesterday morning, which allegations lead to the release of a chemical into the water for cleaning purposes that had poisoned the water birds, the Daily Mirror learns.
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Special investigation teams of the Consumer Affairs Authority (CAA) have raided several wholesale and retail outlets in Colombo District and detected 20 traders selling rice at prices exceeding the maximum retail price.
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