Jayasuriya charged under ICC Anti-Corruption code

Sanath Jayasuriya, charged with two counts of breaching the ICC Anti-Corruption Code, has been given 14 days from 15 October 2018 to respond.

The International Cricket Council (ICC) has charged Sanath Jayasuriya with two counts of breaching the ICC Anti-Corruption Code. Mr Jayasuriya, the former Sri Lanka Cricket Chair of Selectors, has been charged with the following offences under the Code:

Fuel prices to go up monthly for next 4 months

The government is insinuating that the fuel prices could go up every month continually for the next four months, according to ‘Ravaya.’

Such a possibility was suggested by finance minister Mangala Samaraweera when he said at a media briefing on October 09 and again on the following day in parliament that world crude prices would not be reduced until February next year.

#MeToo: Arjuna and Malinga accused of sexual harassment

The MeToo movement has taken the social media platforms by storm, with women coming out and disclosing the incidents of sexual harassment they have faced.

Now a woman alleges that a Sri Lankan cricketer once harassed her during one of the Indian Premier League (IPL) tournaments. Singer Chinmayi Sripaada uploaded an image of a note written by the woman, which described her ordeal during the incident. Chinmayi further updated that the “said girl will speak on anonymity to a journalist”.

Warning of looming massive power crisis

The country will face a massive power crisis and the Ceylon Electricity Board will be in a similar situation financially, within the next five to six years as a result of the absence of an electricity generation plan since 2014, warns CEB engineers’ union president Saumya Kumarawadu.

The engineers have already cautioned about possible power-cuts that would last for several hours.

Sri Lanka forex reserves down US$1.4bn to US$7.18bn in Sept

Sri Lanka's forex reserves have fallen by 1.4 billion US dollars to 7,180 million dollars by end September 2018, from 8,584.54 billion rupees in August, amid maturing hedging deals and debt repayments and interventions, official data show.

Sri Lanka's central bank had made interventions of 731 million dollars in 2018 Deputy Governor Nandalal Weerasinghe said on October 02 and purchases of 551 million dollars, which seems to indicate net interventions of at least 644 million dollars in September.