Lower interest rates have pushed the demand for housing loans up, resulting in housing prices soaring by over 20% from the 2Q 2020 level which is in stark contrast to apartment and land prices. Higher cost of construction triggered by the import controls may also be keeping the house prices buoyant.
The government is making a fresh approach to revive the loss-making state institutions, which includes…
The Criminal Investigation Department (CID) arrested a former Managing Director of the Ceylon Petroleum Corporation…
The gem businessman who had been facing political threats over a special blue sapphire valued…
Sri Lanka Customs, with the full cooperation of joint trade unions, launched a four-day expedited…
The Department of Meteorology says that showers or thundershowers will occur at times in Uva…
The College of Community Physicians of Sri Lanka (CCPSL) states that the use of social…