IMF reports Sri Lanka’s roadmap to relax motor vehicle import restrictions by 2025

The International Monetary Fund (IMF) announced today (June 14) that Sri Lankan authorities have formulated an initial roadmap to relax restrictions on motor vehicle imports by 2025.

Sri Lanka deploys Drones to combat Forest Destruction

Sri Lanka’s Forest Conservation Department announced that drone operations will commence today (June 14), to detect forest destruction.

United States encourages Sri Lanka to stay committed to reforms

The U.S. Ambassador in Colombo, Julie Chung, says that the United States welcomes the International Monetary Fund’s (IMF) approval of Sri Lanka’s second review of the Extended Fund Facility (EFF) programme.

IMF reports progress in Sri Lanka’s debt restructuring amid economic vulnerabilities

The International Monetary Fund (IMF) states that sufficient progress has been made for Sri Lanka’s debt restructuring process to move forward.

Uddika Premarathne accused of staging gunfire incident on his vehicle

The Sri Lanka Police have disclosed that the gunfire incident involving the vehicle of former Sri Lanka Podujana Peramuna (SLPP) parliamentarian Uddika Premaratne was staged by Premaratne himself, with the help of an Assistant Superintendent of Police (ASP) in the area.

INSS Hosts Expert Panel on Sri Lanka’s Economic Security for 2024

The Institute of National Security Studies (INSS) organized a closed-door Round Table Discussion (RTD) on “Sri Lanka’s Economic Security in 2024 – Evaluating the Outlook and Risks.”

Privatization of SriLankan Airlines Part of IMF Program, Says CEO

SriLankan Airline CEO Richard Nuttall said that the government is on its way to privatize several state-owned enterprises as part of the International Monetary Fund (IMF) program and one of those is the flag carrier of the island nation.

Is There Another Way? Debt Restructuring, IMF and Future of Sri Lanka

On June 10, the Sri Lanka Foundation Institute hosted a significant seminar titled, “Is There Another Way? Debt Restructuring, IMF and the Future of Sri Lanka”

IMF approves $336 million for Sri Lanka after second review

The International Monetary Fund (IMF) announced the completion of the second review under the 48-month Extended Fund Facility (EFF) Arrangement, allowing Sri Lanka to draw SDR 254 million (about US$ 336 million).

Sri Lanka President appoints committee to probe 2019 Easter Sunday Attacks

Sri Lankan President Ranil Wickremesinghe has appointed a Committee of Inquiry to investigate the actions taken by the State Intelligence Service (SIS), the Chief of National Intelligence (CNI), and other relevant authorities regarding prior intelligence received about the Easter Sunday terror attacks on April 21, 2019.

Sri Lanka President calls for National Focus on Economic Reform ahead of Elections

Sri Lankan President Ranil Wickremesinghe emphasized that the upcoming presidential election isn’t about his personal victory or defeat but about the success or failure of the entire country.

Dozens hospitalized after toxic chemical incident at Pinwatta cosmetics factory

Over thirty workers at a cosmetics manufacturing factory in Pinwatta, Panadura, have been rushed to hospitals today (June 12) after inhaling toxic fumes.

Sri Lankan postal workers to stage sick leave protest over staffing shortages

Postal workers in Sri Lanka plan to engage in a 24-hour trade union action starting at midnight tonight (June 12), by taking sick leave.

Teachers and Principals to hold island-wide protests over salary discrepancies

Members of the teachers’ and principals’ unions in Sri Lanka, represented by the Ceylon Teachers’ Union (CTU), will hold island-wide protests today (June 12).

Rain washes out Sri Lanka Vs Nepal T20 World Cup match

Heavy rain canceled the T20 World Cup Group D match between Sri Lanka and Nepal on Tuesday in Lauderhill, Florida.

President appoints expert committee to address public sector salary discrepancies

Sri Lankan President Ranil Wickremesinghe has appointed a specialist committee to address salary discrepancies in the government sector.