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IMF urges Sri Lanka to let Rupee slide

The International Monetary Fund urged Sri Lanka to let its rupee keep sliding and not intervene further to bolster the ailing currency as it fell to historic lows. The currency bottomed out at roughly 160 rupees to the US dollar on Wednesday — its weakest ever point — despite efforts …

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Bus strike on Southern expressway and Matara- Colombo route

All private bus operators on the Southern Expressway and the Matara- Colombo route are engaged in a strike from this (20) morning, our news sources said. They said the strike was launched in protest over an incident of a private bus driver being assaulted in Ambalangoda yesterday (19), and the …

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Retired Senior DIG Ravi Waidyalankara re-appointed to head FCID

Retired Senior DIG Ravi Waidyalankara has been re-employed to head the Financial Crime Investigation Division (FCID) of Police. Waidyalankara, who held the post previously, has retired from service last month. He has been recruited again on a 9-month contract basis from yesterday (19) following cabinet approval, the FCID said. The …

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