Fuel prices slashed by Rs. 5

The Ceylon Petroleum Corporation (CPC) will reduce the prices of petrol and diesel by Rs 5 per litre with effect from midnight today (Nov. 30), Minister of Petroleum Resources Development Gamini Lokuge said.

He stated that this price reduction will affect all grades of petrol and diesel.

This is the third time that fuel prices have been reduced since the new government was established on October 26.

Will never get involved in politics - Mahanama

ormer ace cricketer - Roshan Mahanama has said rejected social media reports citing that he will be contesting in the upcoming elections.

Noting that he is 'very disappointed that the social media is publishing incorrect information', Mr. Mahanama adds that he will will 'never get myself involved in any kind of political activity.'

China’s loans are not causing problems for Sri Lanka - official

China says that co-operation with Sri Lanka is ‘equal and mutually beneficial’ and that it is not targeting any third party or setting a “debt trap”.

“It is not tenable to claim that China’s loans are causing problems for Sri Lanka,” Zeng Rong, the Spokesman to the Chinese Embassy in the UK said.

This was stated in a letter issued in response to an article published on the Financial Times with the title “Sri Lanka turmoil points to China’s increasing role” (November 16) which had claimed that China is “becoming a supplier of political instability” and sets a “debt-trap” for Sri Lanka and other countries.

Finance Ministry rebuts reports on MR’s alleged instructions to Customs

The Ministry of Finance and Economic Affairs has issued a press release refuting the alleged illegal instruction given by the Finance Minister PM Mahinda Rajapaksa to the Sri Lanka Customs to release the foreign currency in US Dollars that had been apprehended while being smuggled out at the BIA.

The press release read that the Sri Lanka Customs officials sometime back had apprehended an outbound foreign national at the BIA while he was attempting to take out of the country, USD 53,455 in contravention of the Customs Ordinance.

Changes to withholding tax on fixed deposits

There will be changes to the five per cent withholding tax on fixed deposits from December 01 on the instructions of Mahinda Rajapaksa, treasury secretary S.R. Attygalle says.

FDs held by those below 18 years of age will be exempt from this tax, while the annual interest income of up to Rs. three million by senior citizens will too, be exempted.

Vehicle prices further upped

Next year, vehicle prices could increase between 10-15%, notified the Vehicle Importers Association.

They said the factors that would cause the increase is the political instability in the country and the depreciation of the rupee against the dollar.

Suspicion over dried chilies imported from India

Agriculture Minister Mahinda Amaraweera had instructed the Agriculture Department to carry out tests on dried chilies imported from India to check if it contains the pesticide Monocrotophos and issue a report immediately.

He had taken the decision to test the dried chilies imported from India based on reports that it contained harmful pesticides.

Boat service between Sri Lanka and India

A boat service between Thalaimannar and Rameshwaram, India, said Rehabilitation, Resettlement and Northern Development Minister Douglas Devananda.

He said this boat service would be launched to facilitate the easy travel for almost 15,000 Sri Lankan pilgrims who travel to various religious places in India annually.

PickMe antics and passenger woes!

There is ample commuter complaints with regard to the lack of passenger safety concerns by the taxi services in the country.

No level of monitoring is done with regard to the conduct and discipline of the drivers of these taxis’ either.

In another such incident which occurred near the Mahara, Kadawatha Maha Vidyalaya on November 14, Yohan Dalapatadu - a passenger of a taxi had experienced the following.

Ian Paisley readmitted to the DUP after failing to declare Sri Lankan holidays

British MP Ian Paisley has been readmitted to the Democratic Unionist Party after he was suspended for failing to declare luxury holidays paid for by the Sri Lankan government.

The DUP launched an internal investigation into the MP for North Antrim after The Daily Telegraph revealed Mr Paisley had received hospitality for his family worth tens of thousands of pounds.

Mr Paisley was suspended from parliament for 30 sitting days and narrowly avoided being ousted as an MP after a “recall petition” was sent around his constituency.

New Chairman appointed for SriLankan Airlines

Secretary to the Ministry of Transport and Civil Aviation G.S. Vithanage has been appointed as the new Chairman of the SriLankan Airlines.

The appointment was made by the Secretary to the Treasury S.R. Attygalle.

Vedda chief to join Toxicology conference in India

Chieftain of Sri Lanka's indeginious Vedda community - Uruwarige Wannila Aththo is to leave for India tomorrow (14) for a Toxicology conference.

The annual conference held by the TATA company will be held this year from Nov. 15 - 19 in Jamsetpur.

Gold prices reduced

Gold prices in the world market had reduced significantly over the past week after recording its highest price in six years.

Although gold prices had increased over the past six weeks, after August there has been a significant reduction.

With the American Central Reserve increasing its interest rates continuously and the demand declining, the price of an ounce of gold currently stands at $1218.

US concerned by dissolving of Sri Lankan Parliament

The United States voiced concern Friday after Sri Lanka’s president ordered snap elections, as lawmakers warned that US aid was in question.

President Maithripala Sirisena, who two weeks ago sparked a crisis by sacking the prime minister and installing former leader Mahinda Rajapakse in his place, signed a decree for elections to be held January 5, nearly two years ahead of schedule.

Central Bank back under Finance Ministry

The Central Bank of Sri Lanka (CBSL) has been gazetted under the Ministry of Finance once again.

This was published in the Extraordinary Gazette (No. 2096/17) issued on November 05.

Heavy traffic in Torrington due to UNP protest

A heavy traffic is reported from Torrington area due to a protest by the United National Party (UNP), stated Ada Derana reporter.

UNP has organized a vehicle parade demanding to establish democracy by reconvening the parliament.

The rally commenced at 12 noon today (08) from the Galle Face Green.

Bus fares go down by 2%

Bus Associations stated that they have agreed to reduce the bus fares by 2 percent from midnight tomorrow (08).

However, the minimum charge will not be changed, they further said.

This was announced at a press conference held today (07) by Chairman of the Lanka Private Bus Owners’ Association (LPBOA) Gemunu Wijeratne and the Chairmen of the National Transport Commission (NTC).

Coral cultivation along Galle coastline

A project to regrow coral reefs has been initiated in the Galle, Unawatuna and Roomassala coastal areas under the expertise of the Moratuwa University students and sponsorship of private institutions. The diving assistance would be provided by the Navy divers.

Under the instructions of the Navy Chief of Staff Rear Admiral Piyal de Silva, the project is directed by the Southern Naval Commander Rear Admiral Kapila Samaraweera.

Manusha gives up ministerial portfolio; supports Ranil

Deputy Minister Manusha Nanayakkara has resigned from his ministerial portfolio and pledged support to UNP leader Ranil Wickremesinghe.

This was announced by MP Harin Fernando at a press conference held at Temple Trees in Colombo today (6).

Manusha Nanayakkara was recently sworn in as the Deputy Minister of Labour and Foreign Employment before President Maithripala Sirisena, under the new government.

School uniform voucher system halted!

The government has decided to provide material for school uniforms instead of the voucher system introduced by the 'Good Governance' government.

UN urges Sri Lanka to reconvene parliament

The United Nations Secretary General Antonio Guterres had urged President Maithripala Sirisena to reconvene parliament and allow legislators to decide who the rightful Prime Minister is between Ranil Wickremesinghe and Mahinda Rajapaksa.

A statement from Antonio Guterres' office on Friday said the secretary-general called on President Sirisena "to revert to parliamentary procedures and allow the parliament to vote as soon as possible" during a phone conversation a day earlier.

Private bus owners to discuss reducing bus fares

Private bus owners say that they expect to hold discussions with relevant authorities regarding the reduction of bus fares.

According to the General Secretary of All Island Private Bus Operators Association Anjana Priyanjith, a discussion will be held with the National Transport Commission (NTC) on November 07.

Trishaw fares reduced

The National Three-Wheeler Federation has reduced the the fare of the second kilometer by Rs. 5 from yesterday (01).

Federation Chairman Sunil Jayawardana said that the decision was propelled by PM Mahinda Rajapaksa saying that he would consider changing the current price formula for fuel pricing in the future.

President decided to reconvene Parliament - PM

Prime Minister Mahinda Rajapaksa says the President has decided to reconvene the Parliament on November 05.

Rajapaksa stated this during a discussion held with university lecturers this morning (01).

He stated that the President has decided to cancel the prorogation of Parliament and to convene it on November 5, the scheduled date of the next session.

Nuwan Zoysa charged under ICC Anti-Corruption code

The International Cricket Council (ICC) has charged Sri Lankan bowling coach Nuwan Zoysa with three counts of breaching the ICC Anti-Corruption Code.

Mr Zoysa has been provisionally suspended with immediate effect. The charges are as follows:

Article 2.1.1 – being party to an effort to fix or contrive or to otherwise influence improperly the result, progress, conduct or other aspect of an International match.