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Chinese EXIM Bank increases interest rate from 2.5 per cent to 3.5 per cent

Colombo, Oct. 4 -- The Committee on Public Finance (COPF) which said that EXIM Bank of China had increased the interest rate from the initially agreed 2.5 per cent to 3.5 per cent for the loan extende... Read More


Officers who ignored Easter attacks intel engage in repeat performance: Namal

Colombo, Sept. 25 -- Two intelligence officers who neglected the prior warnings on the Easter Sunday bomb attacks have engaged in a repeat performance by neglecting prior warnings on two containers co... Read More


MPs occupy official residences in Madiwela for nominal monthly rent of Rs.2,000

Colombo, Sept. 24 -- It was revealed today that approximately 111 Members of Parliament are residing in official housing units at the Madiwela housing scheme, paying a nominal monthly rent of just Rs.... Read More


Almost all MPs who submitted oral questions fail to turn up in Parliament

Colombo, Sept. 24 -- Almost all MPs who had submitted oral questions that were to be raised in Parliament today were absent, raising serious concerns. These MPs were from both the government and opp... Read More


Safety of high-rise buildings questioned in Parliament

Colombo, Sept. 23 -- Safety of high-rise buildings in Colombo and its suburbs came to the limelight in Parliament today with an opposition MP asking whether local bodies have the firefighting capacity... Read More


Parliament to approve gazette declaring electricity as essential service tomorrow

Sri Lanka, Sept. 23 -- Party leaders who met today decided to approve the gazette notification issued by President Anura Kumara Dissanayake declaring electricity an essential service, without a debate... Read More


COPF proposes granting full independence to CIABOC

Sri Lanka, Sept. 12 -- The Committee on Public Finance (COPF) proposed granting full independence to the Commission to Investigate Allegations of Bribery or Corruption (CIABOC), by allowing the instit... Read More


Minister of Women's Affairs insulted female MPs in Opposition

Sri Lanka, Sept. 12 -- Minister of Women's Affairs Saroja Paulraj has insulted female MPs in the Opposition through the remarks she made yesterday, MP Chamindrani Kiriella told Parliament today. "The... Read More


Ex-Presidents lose perks; Pensions next in line

Sri Lanka, Sept. 11 -- In a rare event of legislative work, a bill which was passed by Parliament was signed into Act the same day stripping former Presidents and their widows of facilities - residenc... Read More


Parliament sessions suspended for five minutes after tense situation

Sri Lanka, Sept. 11 -- Parliament sessions were suspended by Speaker Jagath Wickramaratne after the Opposition protested against his decision not to allow the no confidence motion against Deputy Minis... Read More