Category: Local News

The World Bank’s Board of Executive Directors today approved $150 million in financing for Sri Lanka to strengthen the resilience of the financial sector.

The Executive Board has approved a proposal to be considered by the Board of Governors to conclude the 16th General Review of Quotas with a significant increase in quotas.

The resolution for the removal of the officials including the Chairman of Sri Lanka Cricket was unanimously passed in Parliament of Sri Lanka a short while ago.

Commander of the U.S. Special Operations Command Pacific Rear Admiral Jeromy B Williams paid a courtesy call on Sri Lanka’s Defence Secretary General Kamal Gunaratne at the Defence Ministry in Sri Jayawardenepura Kotte, today (November 09).

Sri Lanka President Ranil Wickremesinghe will seek to boost tax revenue and rationalise spending in the government’s second full-year budget on Monday, targeting a return to growth for the crisis-hit economy while keeping an eye on elections.

The remains of Sujith Bandara Yatawara, who was killed in the Israel-Hamas conflict, was brought to Sri Lanka this morning (November 09).

Sri Lanka President Ranil Wickremesinghe has issued an Extraordinary Gazette notification this evening (November 08) declaring the postal service as an essential public service.

Sri Lanka and Argentina remain very vulnerable amid a worsening in global financial conditions while China has suffered a sharp deterioration in financial resilience since pre-COVID times, a think-tank study found on Wednesday.

The U.S. International Development Finance Corporation (DFC) today (November 08) announced it has committed more than half a billion dollars to support the development of a deepwater shipping container terminal in the Port of Colombo, Sri Lanka, that will provide critical infrastructure for the South Asian region.

Postal workers in Sri Lanka have launched a token strike against attempts to award the Nuwara Eliya Post Office building for a hotel development project.

Sri Lanka’s Supreme Court has determined that the Online Safety Bill or its provisions are NOT inconsistent with the constitution of Sri Lanka, and can be passed by a simple majority in the parliament following Committee Stage amendments on certain clauses.

The United States District Court has granted Sri Lanka’s request for a six-month halt on Hamilton Reserve Bank’s (HRB) lawsuit against the country, US media reports said.

Tharushi Karunarathna, a distinguished student-athlete in Sri Lanka, who recently clinched a gold medal in the women’s 800m event at the esteemed Asian Games, was granted the honor of an audience with Sri Lanka President Ranil Wickremesinghe at the illustrious Presidential Palace in Kandy on Sunday morning (November 05).

The 11 Sri Lankans who crossed to Egypt from the Gaza Strip arrived in Sri Lanka early this morning (November 05) onboard a flight from Doha in Qatar.

The Minister of Urban Development and Housing Prasanna Ranatunga has directed the Urban Development Authority (UDA) to transfer the administration of the Viharamahadevi Park in Colombo 07, to the Colombo Municipal Council (CMC).

The free education policy introduced by C.W.W. Kannangara after a long struggle is only nominal today as the access to quality education is decided while based on the economic power of the people which is against the principles of free education, National People’s Power (NPP) MP Dr. Harini Amarasuriya said on Saturday (November 04).