Colombo

Former Sri Lanka bank chief engaged in insider trading

Colombo - Emiratesvoice

A former governor of Sri Lanka's central bank has been accused of insider trading by a damning presidential report into a high-profile bond scandal that cost the island millions. The long-awaited inquiry recommended the state recover a $4.4 million loss caused by the actions of then bank chief Arjuna Mahendran in 2015. He leaked sensitive information to his son-in-law ArjunRead more

China boosts investment in Sri Lankan mega-projectChina boosts investment in Sri Lankan mega-project

london - Emirates voice

China will invest $1 billion in the construction of three 60-storey buildings at a mega-project near Sri Lanka's main port, Colombo said Tuesday, as Beijing aims to boost its influence in the Indian Ocean. The deal follows an earlier Chinese investment of $1.4 billion to carry out reclamation work for the wider Colombo International Financial City development, strategically located next toRead more

Prime Minister of Sri Lanka Meets Minister of Economy

COLOMBO - Emirats Voice

HE Prime Minister and Minister of National Policies and Economic Affairs of the Democratic Socialist Republic of Sri Lanka, Ranil Wickremesinghe, met on Tuesday with HE Minister of Economy and Commerce, Sheikh Ahmed bin Jassim bin Mohammed Al-Thani, and the delegation accompanying him, on the sidelines of the meeting of the Qatari-Sri Lankan joint committee on economic, commercial and technicalRead more

UAE Embassy oversees distribution of aid to schoolchildren

COLOMBO - Emirats Voice

The UAE Embassy in Colombo oversaw the distribution of bags and school supplies to students across a number of schools in the northern Jaffna province, in coordination with Vijayakala Maheswaran, Sri Lanka's State Minister of Child Affairs. This initiative is part of the philanthropic and humanitarian programmes carried out by the embassy to assist the underprivileged, and empower children byRead more

UAE Ambassador meets Sri Lankan Transport Minister

COLOMBO - Emirats Voice

Abdulhamid Kazim Al Mulla, UAE Ambassador to Sri Lanka, met on Wednesday with Nimal Siripala de Silva, Sri Lankan Minister of Transport and Civil Aviation. They discussed bilateral relations and ways of furthering co-operation between the two countries, especially in civil aviation affairs. Source: WamRead more

World Cup hero Ranatunga stops watching Lanka team

COLOMBO - Emirates Voice

Former Sri Lanka skipper Arjuna Ranatunga on Wednesday lambasted the country's cricket leaders and said he had stopped watching the ailing national team. Ranatunga, 53, said he was also disillusioned with the government of which he is a minister because it failed to protect the game. "Frankly, I don't watch cricket anymore," Ranatunga, who led Sri Lanka to a WorldRead more

Sri Lankan crew averts mid-air fire caused by phone

COLOMBO - Emirates Voice

Crew on a Sri Lankan Airlines plane carrying 202 passengers have extinguished a mid-flight fire triggered by a mobile phone battery in an overhead locker, the carrier said on Monday. The airline said a "major" incident was averted by the quick-thinking attendants on the flight Sunday from Kochi in India to Colombo. Smoke was detected shortly after a meal serviceRead more

Sri Lanka's Gunaratne out of Test

Abu Dhabi - Emirates Voice

Sri Lankan middle-order batsman Asela Gunaratne has been ruled out of their three-Test series against India after suffering a "pretty serious" fractured thumb on the opening day of the first match. The all-rounder was rushed from Galle to Colombo to see a specialist after suffering the injury playing at second slip, attempting to catch out Shikhar Dhawan. "He will missRead more

Shakib ton gives Bangladesh lead against Sri Lanka

Colombo - Arab Today

Shakib Al Hasan struck his fifth Test century and Mosaddek Hossain added a fifty on debut as Bangladesh opened up a first innings lead over Sri Lanka in the second Test in Colombo Friday. The visitors started the third day on 214-5 and reached 428 for seven at tea, 90 runs ahead of Sri Lanka's score of 338 at theRead more