Category: Local News

Law students can be assisted to learn English – President

The government is ready to assist law students to improve their English language education, President Ranil Wickremesinghe said in Parliament on Thursday (December 1).

at


Maldivian Vice President calls on Sri Lanakan President

The Maldivian Vice President Faisal Naseem called on Sri Lankan President Ranil Wickremesinghe at the Presidential Secretariat on Friday (December 02).

at


Sri Lanka’s Colombo city among world’s least expensive cities to live

Sri Lanka’s Colombo city is among the world’s least expensive cities to live in according to the annual Economist Intelligence Unit (EIU) survey.

at


Political reforms need to accompany economic reforms in Sri Lanka – Samantha Power

United States Agency for International Development (USAID) administrator Samantha Power yesterday emphasised that political reforms need to accompany economic reforms in Sri Lanka.

at


Fitch downgrades Sri Lanka’s local currency debt rating to ‘CC’

Fitch on Thursday downgraded Sri Lanka’s Long-Term local-currency debt rating by two notches to “CC” from “CCC”, citing a probable local-currency debt default in the face of high interest costs and tight domestic financing conditions.

at


Electricity tariff revision not required at the moment – CEB has not made a request to increase tariffs – PUCSL

The Ceylon Electricity Board (CEB) has not requested an electricity tariff revision so far and there is no requirement for a tariff revision at the moment, the Chairman of the Public Utilities Commission of Sri Lanka (PUCSL) Janaka Ratnayake said.

at


China continuously encouraged IMF to support Sri Lanka – Chinese Embassy in Sri Lanka

As a major shareholder of the International Monetary Fund (IMF), China has been encouraging the IMF and other international financial institutes to promptly support Sri Lanka to deal with the current economic crisis, the Chinese Embassy in Sri Lanka said.

at


Sri Lanka’s Tourism industry earnings surpass US$ 1 Billion mark

Sri Lanka crossed the billion dollar milestone in earnings from tourism in October when the country earned US$ 75.6 million from the trade, which is providing a glimmer of hope for the country’s economy beset by acute shortages of foreign currency since the middle of last year.

at


Sri Lanka President issues strong statement after COP27 Conference

Having participated in the COP27 United Nations Climate Change Conference in Sharm el-Sheikh, Egypt earlier this month, President Ranil Wickremesinghe issued a statement on Tuesday (November 29) on its outcome.

at


Daily Exchange Rates from Central Bank of Sri Lanka

The Central Bank of Sri Lanka (CBSL) has announced the official exchange rates for 30th November with the US dollar buying rate recorded at Rs. 361.23.

at


Sri Lanka revokes circulars issued on the official attire of state sector workers

Two circulars that were issued on the official attire of staff grade officers in the state sector of Sri Lanka have been revoked.

at


One person killed in Brutal stabbing in Hikkaduwa

A man died and his wife was injured after being brutally stabbed with a sharp weapon at the Wewala Junction in Hikkaduwa this morning (November 30).

at


Sri Lanka’s debt to China close to 20% of public external debt – study

Sri Lanka owed Chinese lenders $7.4 billion – nearly a fifth of its public external debt – by the end of last year, calculations by the China Africa Research Initiative (CARI) published on Wednesday showed, an estimate higher than many others.

at


October exports down 8%, January-October exports up 9% to US$ 11 Billion

Sri Lanka’s merchandise export performance for the month of October contracted by 8.18 percent Year-on-Year (YoY), however, cumulative exports for the first 10 months of the year surpassed the earnings fetched in the corresponding period of 2021.

at


Six milk powder containers imported in violation of regulations detained at Colombo port

Six containers containing 153,375 kgs of milk powder stuck at the Colombo Port which had been imported in violation of import-export regulations, State Minister of Finance Ranjith Siyambalapitiya said.

at


Indian Government allows Sri Lankans to hold $10,000 worth of rupee in cash

Sri Lankans can now hold $10,000 worth of the Indian rupee (INR) in a physical form, though the INR would not be legal tender in Sri Lanka, after India approved a Sri Lankan request to designate the INR as the foreign currency.

at