Category: Local News

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.

Sri Lanka’s treasury has received an interim compensation of USD 890,000 from the insurance company of the X-Press Pearl ship for the damages caused by the ship X-Press Pearl.

Sri Lanka has paid off the entirety of USD $200 million loan from Bangladesh, taken through a currency exchange agreement two years ago to survive the severe dollar shortage.

The Bar Association of Sri Lanka (BASL) on Saturday (September 23) called on the Government to immediately withdraw the controversial Anti-Terrorism Bill and Online Safety Bill, firmly declaring that they would seriously impinge on the liberty and freedom of the people.

KUALA LUMPUR: A police manhunt is underway for two male Sri Lankan suspects over their alleged involvement in the murders of three of their fellow countrymen at a shophouse on Perhentian Street in Lower Kovil Village, Sentul here last night.

Sri Lanka’s Agriculture Minister Mahinda Amaraweera instructed the relevant officials to look into the opportunities of exporting eggs and chicken.

The U.S. Ambassador to Sri Lanka Julie Chung said stability should not come at the sacrifice of the values of freedom of expression, whether through peaceful protest, expression through the arts, or through social media.

Sri Lanka’s Ministry of Health has placed orders to import Nipah virus detection test kits and is expecting them to arrive in the country in the coming days.

Port and Airport Levy on imported milk powder has been increased by 10 percent with effect from today (September 22), Trade Minister Nalin Fernando said.

Sri Lanka’s inflation rate for August 2023 dropped to 2.1% from 4.6% in July 2023, said the Department of Census and Statistics yesterday (September 21).