Police, on Wednesday afternoon, teargassed a group of protesters, demanding the immediate closure of the South Asian Institute of Technology and Medicine (SAITM). The protest was led by parents of undergraduates backing the GMOA-led campaign against the private medical college. (Pic by Saman Abesiriwardene)

PFC withholds its approval

of funds for ministers’

new vehicles


by Saman Indrajith

The Public Finance Committee (PFC) has decided to withhold its approval for financial allocations for purchasing new vehicles for ministers, Committee’s chairman TNA MP MA Sumanthiran told Parliament on Tuesday.

While tabling the committee’s performance report, the MP said that the committee had requested the Director General of National Budget Department to provide ...
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Prez, PM owe country an explanation for removing best FM in Asia-Pacific - GL

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Top Joint Opposition spokesman Prof. G.L. Peiris said on Tuesday that President Maithripala Sirisena and PM Ranil Wickremesinghe owed an explanation to the public as to why Ravi Karunanayake, who had been selected as the Finance ...

New low for Sri Lankan basketball

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Sri Lankan basketball hit a new low Tuesday night when the national men’s team suffered a humiliating first ever defeat to Maldives at the ongoing SABA Championship at Male.

Global power implications of the’Belt and Road’ initiative

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Chinese leaders’ pronouncements on their country’s ‘Belt and Road’ initiative are likely to compel observers to revisit the debate in classical economics on whether the well being of peoples and countries d...

Foreign investor interest spikes CSE turnover to Rs. 3.5 billion

Colombo Stock Exchange (CSE) turnover reached R3.5 billion yesterday punctuated by some major crossings. This high in turnover was triggered by marked foreign investor interest, market sources said.

 
 
 
 
 
 
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