Negotiations to secure the second tranche of funding from the International Monetary Fund (IMF) to Sri Lanka are progressing positively, Acting Finance Minister Shehan Semasinghe announced.
A special search operation conducted by Sri Lanka Navy in the beach area of Pumattei on the Karainagar Island, Jaffna in the dark hours of Wednesday (September 27) has led to the seizure of a dinghy loaded with over 100 kg (wet weight) of Kerala cannabis.
Some members on the committee of Sri Lanka’s official creditors are pushing to reach a deal to restructure the nation’s debt without the participation of China, Bloomberg News reported on Wednesday citing people familiar with the matter.
SriLankan Airlines has entered into a first-ever interline partnership with Virgin Australia that will strengthen the airline’s network in Australia and offer customers extensive connections across the land down under and beyond.
Sri Lanka’s Minister of State for Tourism Diana Gamage announced plans to launch promotional campaigns aimed at attracting 1.5 million foreign tourists to Sri Lanka by the year’s end.
In compliance with the provisions of the Private Security Agencies Regularization Act No. 45 of 1998, the Ministry of Defence has taken steps to update the licensing conditions for the regulation and registration of private security agencies currently registered under the Ministry of Defence.
The International Monetary Fund (IMF) mission team concluding its visit to Sri Lanka said that despite early signs of stabilization, full economic recovery is not yet assured.
Sri Lankan President Ranil Wickremesinghe left for Germany this morning (September 27) for a four-day state visit.
A train derailed on the coastal line between Kollupitiya and Bambalapitiya this morning (September 27), causing a delay in operations on the coastal line, the Railways Department said.
The International Monetary Fund is concerned about a shortfall in revenue collection by Sri Lanka’s government this year, though that is unlikely to derail a $2.9 billion loan programme for the crisis-hit country, two Sri Lankan sources told Reuters.
An Airman has been killed and another injured following an explosion at the Sri Lanka Air Force (SLAF) Field Firing Range in Kandakuliya, Kalpitiya a short while ago (September 26), Sri Lanka Police said.
Sri Lankan Foreign Minister Ali Sabry on Monday said that Colombo has not given permission to a Chinese vessel to dock, adding that Indian security concerns are “important” for Sri Lanka.
S&P Global Ratings on Monday (Sept. 25) raised its long- and short-term local currency sovereign credit ratings on Sri Lanka to ‘CCC+/C’ from ‘SD/SD’ (selective default).
Sri Lanka President Ranil Wickremesinghe has called for a fresh analysis of the life and character of King Sitawaka Rajasingha, a courageous and patriotic king of historical significance.
The reason why the United States sees China as an ever-bigger threat is not just because of its status as the world’s second-largest economy.
Former Senior DIG Lalith Jayasinghe was sentenced to five years in prison over interfering with the police investigations, by the Ratnapura High Court.
