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Moody’s downgrading unwarranted says Ministry of Finance
Posted on Tuesday September 29, 2020

Colombo (News 1st); Following Moody’s downgrading on Sri Lanka’s Sovereign rating yesterday, the Ministry of Finance responded claiming the rating action is unwarranted and the downgrade ”failed to do justice to the ground reality of the ongoing rapid economic recovery backed by vastly improv...

No talks about MCC at this moment; PM tells Media Heads
Posted on Tuesday September 29, 2020

Colombo (News 1st); Prime Minister Mahinda Rajapaksa on Tuesday (29) confirmed there is no discussion at this point on the Millennium Challenge Corporation (MCC) agreement. Speaking to the heads of media institutions in Colombo the Prime Minister added an apartment complex with 100 housing units w...

GoSL to introduce amendments to 20A at committee stage discussions; AG tells SC
Posted on Tuesday September 29, 2020

Colombo (News 1st); The Attorney General’s Department informed the Supreme Court the Government of Sri Lanka plans to introduce several amendments to the proposed draft 20th Amendment to the Constitution, at committee stage discussions in Parliament. The Attorney General had submitted documents ...

AKD tells PCoI Ex-PMs statement on National Executive Council, is false
Posted on Monday September 28, 2020

Colombo (News 1st);  Leader of the Janatha Vimukthi Peramuna Anura Kumara Dissanayake on Monday (28) said the evidence provided by Ex-Prime Minister Ranil Wickremesinghe claiming the Anti-Corruption Committee was established with National Executive Council, is false. Dissanayake made this comment ...

Will wild elephants encroach into cities due to unorganized development activities?
Posted on Monday September 28, 2020

COLOMBO (News1st): An elephant was walked through Braybrooke Street in Colombo as part of a News 1st exercise to highlight the human-elephant conflict. This was after two people were killed due to a wild elephant attack in the Devagiriya area in Galgamuwa on Sunday. Nimal Wanninayake, 40, and E.M...

President insists local production of high-quality fabrics
Posted on Monday September 28, 2020

COLOMBO (News1st):  President Gotabaya Rajapaksa has stated that large and small scale local manufacturers should immediately start producing high-quality fabrics. Upon visiting the Industrial Estate in Dankotuwa, the President had inquired the possibility of assigning a greater percentage of ord...

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