Category: Local News

Reuters reports that Sri Lanka has turned down a restructuring plan proposed by international bondholders to address its $12 billion debt, thereby endangering crucial International Monetary Fund (IMF) aid and further delaying the resolution of its ongoing two-year debt crisis.

Samagi Jana Balawegaya (SJB) MP, Harshana Rajakaruna, emphasized today (April 16) the need for Sri Lanka to maintain a cautious and neutral stance in international relations, particularly highlighting the importance of not getting involved in global conflicts.

Sri Lanka began the International Monetary Fund and World Bank Group (IMF/WBG) Spring Meetings with a productive bilateral discussion with Kenji Okamura, the Deputy Managing Director of the IMF, according to State Minister of Finance, Shehan Semasinghe.

Several major water and energy projects are going to be inaugurated by the presidents of Iran and Sri Lanka in the near future, Iranian media reported.

State Minister Chamara Sampath Dasanayake’s vehicle suddenly caught fire in the Halpe area of Bandarawela this morning (April 16).

The Government of India has lifted the export ban on onions for Sri Lanka, according to the Indian High Commission in Colombo.

The New Year celebrations in Meepilimana, Nuwara Eliya, were organized by the “Api Youth Club” in partnership with the Nuwara Eliya District Secretariat and the Nuwara Eliya Divisional Secretariat and took place on Sunday (April 14).

Sri Lankan President Ranil Wickremesinghe has released his message for the Sinhala and Tamil New Year 2024.

The International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as its Managing Director for a second five-year term starting on October 1, 2024.

Sri Lankan police officers who arrest drunk drivers will be rewarded for each apprehension.

Sri Lanka Navy has seized two multi-day fishing trawlers off the southern coast of the island, intercepting approximately 200 kg of drugs suspected to be heroin and crystal methamphetamine, commonly known as ‘Ice’.

The retail price for a kilogram of chicken at Economic Centres in Sri Lanka was higher today (April 12) compared to previous rates.

The Sri Lanka Transport Board (SLTB) has reported that its daily earnings have increased by about Rs. 25 million because of a special bus service introduced for the Sinhala and Tamil New Year.

The Asian Development Bank’s (ADB) annual flagship economic publication, the Asian Development Outlook (ADO) for April 2024, forecasts moderate growth in Sri Lanka’s economy of 1.9% in 2024 and 2.5% in 2025, following two consecutive years of contraction.

In a noteworthy diplomatic move, Jake Sullivan, the U.S. National Security Advisor, held a significant telephone conversation with Sagala Ratnayaka, the Senior Advisor to the President on National Security of Sri Lanka, on Wednesday (April 10).

The Welfare Division of the Defence Ministry organized a vibrant and culturally rich Sinhala Tamil New Year celebration at the Defence Force Headquarters Complex in Battaramulla on Wednesday (April 10), which was graced by the presence of President Ranil Wickremesinghe.