Sri Lanka’s stock market was up in early trade on Friday, on the back of a decisive Parliament session slated after noon which will decide the fate of the Prime Minister.
The contenders are former President Mahinda Rajapaksa who was appointed as the Prime Minister last month by President Maithripala Sirisena in a move which sent shockwaves in Sri Lanka's political circles and Ranil Wickremasinghe who was elected as the Premier in 2015. This crisis’ reverberating effects were seen since October 26 upto yesterday when Mr. Rajapaksa took the floor at Parliament which saw fisticuffs amongst the two warring members in the well of the parliament.
On a Rs. 109.6 million turnover, the main All Share Price Index was up by 0.58 per cent to stand at 5,976.32 points by 11.30 am with liquid S&P up by 0.61 per cent to stand at 3,124.40 points on a two million share volume. (DEC)
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
Gazette on new speed limit regulations to be issued within two weeks
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
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