Category: Local News

India hails Sri Lanka’s debt restructuring pact; reaffirms support to recovery

India on Wednesday welcomed Sri Lanka’s debt restructuring agreement with a group of creditor nations and said it will continue to support the island nation’s economic recovery, including by promoting long-term investments.



Sri Lanka President secures historic debt restructuring agreements with major creditors

Sri Lankan President Ranil Wickremesinghe emphasized that a final agreement was concluded with Sri Lanka’s main official bilateral creditors in Paris this morning (June 26), marking the end of debt restructuring negotiations with the Official Creditors’ Committee (OCC).



United States welcomes Sri Lanka’s debt restructuring agreement

The United States has welcomed the final agreement on debt restructuring between Sri Lanka and creditor nations, reached today on the sidelines of the Paris Forum 2024.



Mahela Jayawardena steps down as Sri Lanka Cricket Consultant Coach

Sri Lanka Cricket (SLC) announced that Mahela Jayawardena, who served as the ‘Consultant Coach’ of SLC, has resigned with immediate effect.



Sri Lanka signs $4.2 Billion debt restructuring agreement with China’s EXIM Bank

Sri Lanka has signed agreements with the Export-Import Bank of China (EXIM) in Beijing to restructure $4.2 billion of its debt, according to the President’s Media Division (PMD).



Sri Lanka reaches final debt restructuring agreement with international creditors

Sri Lanka has successfully reached a final restructuring agreement for USD 5.8 billion of debt with its bilateral lenders’ Official Creditor Committee (OCC) in Paris, France on Wednesday (June 26).



Sri Lanka Police disperse Teachers’ protest with tear gas and water cannons

Sri Lanka Police fired tear gas and used water cannons on the teachers’ and principals’ union members who staged a protest near the Fort Railway Station.



Court bars Teachers’ Union protest along Galle road, ensures right to peaceful assembly

The Colombo Fort Magistrate’s Court has issued a restraining order preventing the General Secretary of Ceylon Teachers’ Union, Joseph Stalin, Ven. Ulapane Sumangala Thero, and eight others from organizing a demonstration today (June 26) that could cause inconvenience to the public or pedestrians along major routes in Colombo.



Nationwide Teachers’ and Principals’ strike disrupts Sri Lankan schools

Teachers and principals across Sri Lanka have called in sick today (June 26), as part of a nationwide strike.



Sri Lanka secures debt deals with lenders for IMF bailout

Sri Lanka has finalized long-overdue debt agreements with its bilateral lenders, including China, to meet a crucial requirement for an IMF bailout, the government announced on Tuesday (June 25).



Three killed in fatal lorry-bus accident on A9 road in Mankulam

Three people have died and several others were injured after a lorry collided with a bus at Mankulam on the A9 road, according to the police.



BASL reaffirms commitment to judicial independence amidst Parliamentary controversy

The Bar Association of Sri Lanka (BASL) issued a strong statement today (June 25), reiterating its dedication to preserving the independence of the judiciary and upholding the rule of law.



Sri Lanka Navy arrests 10 Indian fishermen, sailor dies in operation

The Sri Lanka Navy has taken into custody 10 Indian fishermen on a trawler while they were poaching in the seas off Delft Island.



World Bank approves $150 Million to boost primary healthcare in Sri Lanka

The World Bank’s Board of Executive Directors has approved $150 million in financing to improve the quality and utilization of primary healthcare services in Sri Lanka.



Sri Lanka President to address nation on economic progress

Sri Lankan President Ranil Wickremesinghe will address the nation on Wednesday (June 26), at 8:00 PM, as announced by the Government Information Department.



Sathasivam Viyalendiran sworn in as State Minister of Trade and Environment

MP Sathasivam Viyalendiran was sworn in as the State Minister of Trade and Environment before Sri Lankan President Ranil Wickremesinghe at the Presidential Secretariat.