Category: Local News

Official Creditor Committee confirms debt treatment deal with Sri Lanka

The Official Creditor Committee (OCC) has confirmed its agreement in principle on specific financing terms to restructure Sri Lanka’s debt in line with the parameters set in the IMF program, Sri Lanka’s Finance State Minister Shehan Semasinghe says.



Sri Lanka President appoints Deshabandu Tennakoon as acting IGP

Sri Lanka President Ranil Wickremesinghe has appointed Senior DIG Deshabandu Tennakoon as the acting Inspector-General of Police for three months.



Creditor nations likely to agree on Sri Lanka debt restructuring – report

A group of Sri Lanka’s creditor nations are likely to reach an agreement on debt relief and an extension of repayment deadlines for the South Asian nation, Japan’s Jiji News reported on Wednesday, without naming a source or giving any details.



Netherlands returns six looted colonial-era artefacts to Sri Lanka

The Netherlands has returned six Sri Lankan colonial-era artefacts looted by the Dutch before 267 years (1756).



Sri Lanka needs $100 billion to become net zero emitter by 2040, president says

Sri Lanka needs $100 billion to become a net zero emitter by 2040, President Ranil Wickremesinghe said on Tuesday, as the island also attempts to build climate change resilience while navigating its worst financial crisis in decades.



40 Government hospitals in Sri Lanka closed and another 100 about to close

Sri Lanka’s Health Ministry said that around 40 government hospitals located across the country have been closed down.



October sees 20% decline in apparel exports from Sri Lanka

The apparel exports from Sri Lanka continued their downward trend, with October exports declining 20 percent year-on-year (YoY) to US $ 330.95 million, the data compiled by industry body Joint Apparel Association Forum (JAAF) showed.



Sri Lanka approves Sinopec’s $4.5 billion refinery proposal

Sri Lanka on Monday approved a proposal by China’s Sinopec (600028.SS) to build a $4.5 billion refinery, its energy minister said, making it the largest single investment in the island nation since a crippling economic crisis last year.



Tamil Nadu government failed to understand the problem in Sri Lanka: Murali

India, specifically the governments in Tamil Nadu, had failed to understand the ethnic conflict during the Sri Lankan civil war, legendary off-spinner Muttiah Muralitharan said Sunday.



Harin appointed Sports Minister, Pavithra appointed Irrigation Minister

Harin Fernando has been appointed as the Minister of Sports and Youth Affairs by President Ranil Wickremesinghe.



Sri Lanka’s President sacks Sports Minister

Sri Lanka President Ranil Wickremesinghe has sacked Sports Minister Roshan Ranasinghe from his portfolio.



Free sanitary napkins for school girls in Sri Lanka from 2024

Education Minister Susil Premajayantha informed Parliament today (November 27) that arrangements have been made to provide sanitary napkins for girls in schools from the year 2024.



Sri Lanka’s Sports Minister says his life is at risk

Sri Lanka’s Sports Minister Roshan Ranasinghe says that his life is in danger and if something happens to his life, President Ranil Wickremesinghe and Chief of Presidential Staff Sagala Ratnayaka should be held responsible.



Sri Lanka’s government employees to protest demanding Rs. 20,000 salary hike

A nationwide protest campaign is scheduled to be launched today (November 27) at lunchtime to force the government to grant a minimum Rs. 20,000 salary hike or allowance for government employees.



Religion, ethnicity based political parties should be banned – Minister

Labour and Foreign Employment Minister Manusha Nanayakkara emphasized that political parties on ethnic or religious lines established to gain narrow political advantage by sowing racism should be banned.



Consumers to benefit from Ceylon Electricity Board’s potential December profit?

Minister of Power and Energy Mr. Kanchana Wijesekera, stated that in the event of the Electricity Board realizing any operating profit by December, attributed to the favourable rain conditions, a strategic decision has been made to allocate these gains to consumers in April.