The Defence Ministry is now negotiating with Russia to procure a Radar Controlled Missile System for the Sri Lanka Air Force (SLAF).
Among those under consideration are S 300 and Buk 27 missiles. Both these surface-to-air missiles are capable of engaging aircraft and UAVs (umanned aerial vehicles) in addition to providing some cruise and ballistic missile defence capability.
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The Ceylon Petroleum Corporation (CPC) will reduce fuel prices with effect from midnight today.
Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, has cautioned that reversing the current economic programme could lead to a resurgence of the severe economic and social crisis Sri Lanka endured nearly two years ago.
President Ranil Wickremesinghe today inaugurated the open cycle phase of the “Sobadhanavi” 350 MW Combined Cycle Power Plant in Kerawalapitiya, the President’s Media Division (PMD) said.
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