Fitch Ratings-Colombo/Mumbai/Singapore-02 September 2008: Fitch Ratings observes that the underlying risks of Sri Lanka's specialised leasing company (SLC) sector have increased in light of the highly inflationary and rising interest rate environment that has prevailed since end-2006, according to a ...

   Fitch Ratings-London-02 September 2008: Fitch Ratings' rating Outlook on the global reinsurance sector remains Stable. The agency believes that individual companies' operating performance, capitalisation, and anticipated market conditions, despite their deterioration over the past year, will continue to support ...

  Paying utmost tribute to the sacrifices made by the tri-forces personnel and Police in the call of duty, the Army Chief Lieutenant General Sarath Fonseka unveiled the 'War Heroes' memorial at Palaly, during a field visit made to the peninsula ...

A Non Government Organization named Environmental Foundation Ltd, has used the law of the country to suppress the Buddhist monks, Kalutara District parliamentarian of the Jathika Hela Urumaya, Ven. Athuraliye Rathana Thera said.Ven. Rathana Thera was speaking on the crisis ...

   A very reputed and respected journalist D.B.S. Jeyaraj, popular among English readers who was contributing a column to the “Nation” news paper has informed the new management of the Rivira Media Corporation that he is calling it quits ...

(Lanka-e-News,) Defense Secretary Gotabhaya Rajaakse says that the LTTE's air attacks launched by two light weight aircrafts have no military effect or value. He says that these attacks are launched to appease their support base and to appear still strong ...

   Sri Lanka Police today arrested three persons who were involved in a large number of thefts and lootings in Nuwara Eliya and sending the money to the LTTE in North.“Three suspects were arrested by the Nuwara Eliya police ...

Military Spokesman Brigadier Udaya Nanayakkara recently revealed that the Government will be issuing a new identity card to the residents of Jaffna Peninsula in northern Sri Lanka.According to Brigadier Nanayakkara, the new identity card, carrying a recent photograph of the ...

 Securities Exchange Commission (SEC) of Sri Lanka has asked John Keells Holdings (JKH) to make timely disclosures after a court order on its bunkering unit, Lanka Marine Services (LMS), seeking legal advice on what it could do to help implement ...

      Centre for Policy Alternatives (CPA) filed a Fundamental Rights petition in the Supreme Court yesterday (September 05th) against the amendment empowering the Defence Secretary to detain persons for prolonged periods.Noting that the amendment violated fundamental rights, the ...

      The Janatha Vimukti Peramuna Parliamentarian Anuruddha Polgampola, who resigned his seat early this week, is to be questioned by the CID over his involvement in human smuggling to Japan, Police media spokesman SSP Ranjith Gunasekara said yesterday (5).The Japanese authorities ...

      The Colombo Magistrate yesterday asked for explanation from the Terrorist Investigation Division (TID) as to why two different JMOs’ medical reports had been filed in court in the inquiry into the alleged involvement with a terrorist organization of ...