Category: Local News

China dithers over IMF’s Sri Lanka debt plan, leaves Colombo in limbo

With China yet to support Sri Lanka debt restructuring based on the debt sustainability analysis (DSA) of the IMF and Paris Club, time is running out on Colombo to secure a much-needed loan to revive the nation from the present economic crisis.



Government will not be pressured by protests and sack anyone – President

Sri Lanka President Ranil Wickremesinghe said that the government will not give into the demands of protestors.



Electricity tariffs increase by 66% in Sri Lanka from today

Ceylon Electricity Board (CEB) says that the approval of the Public Utilities Commission of Sri Lanka (PUCSL) has been received to increase the electricity tariffs by 66%.



Indian Visa Application Center closed due to ‘security incident’

The Indian visa application centre, IVS Pvt. Ltd, located in Colombo has been closed until further notice due to a security incident reported on Tuesday night (February 14), the Indian High Commission announced today (February 15).



Exclusive: G20 host India to propose China, other creditors take haircuts on loans – sources

India is drafting a proposal for G20 countries to help debtor nations badly hit by the economic fallout from the pandemic and Ukraine war, by asking lenders including China, the world’s largest sovereign creditor, to take a large haircut on loans.



Sri Lanka to fast-track trade pact with Thailand amid crisis

Debt-stricken Sri Lanka is fast-tracking efforts to seal a stalled trade pact with Thailand in order to boost trade and tourism, and improve the foreign currency shortage that has led to its worst economic crisis, a government minister said on Tuesday.



Badulla General Hospital Doctor arrested with 145 narcotic capsules

A 44-year-old doctor serving in Badulla General Hospital has been arrested with 145 narcotic capsules in total that were intended to be sold to children, Sri Lanka Police said.



Technology Ministry to make electronic payment mandatory in State institutions

In an effort to make payment processes in public sector institutions convenient, the Technology Ministry has called on its officials to take immediate measures to make electronic payment facilities mandatory, a proposal made in the 2023 budget.



Seven suspects involved in Gampola ATM machine robbery arrested

Sri Lanka Police have arrested 7 suspects who were involved in stealing an ATM machine from a private bank in the Gampola area.



Postal Voting for Local Government Election postponed indefinitely

Postal Voting for the 2023 Local Government Election was postponed indefinitely, said the National Election Commission of Sri Lanka today (February 14).



Sri Lanka’s Local Government Election to be postponed?

Sri Lanka’s Election Commission Chairman Nimal Punchihewa has informed Party General Secretaries that it will not be possible to distribute postal vote ballot papers from tomorrow (February 15) due to financial issues.



Sepal Amarasinghe further remanded until February 21

Sri Lankan YouTuber Sepal Amarasinghe who made statements defaming the Temple of the Sacred Tooth Relic (Sri Dalada Maligawa) further remanded until February 21, 2023.



Sri Lanka to receive $38 Million grant from Japan to purchase fuel to maintain the health sector

Japan has agreed to grant 5 billion Japanese yen or approximately USD 38 million to ensure provisions to purchase fuel needed to maintain essential and emergency services in the health sector in Sri Lanka.



Man who locked up Kuliyapitiya Additional Magistrate and stole his car, arrested

A 27-year-old youth who locked up Kuliyapitiya additional magistrate at his residence Madapatha, Piliyandala and stole his vehicle on Saturday (February 11) was arrested by Sri Lanka Police in Wattala.



China, U.S. to participate in first meeting of new debt roundtable on February 17

Officials from China, India, Saudi Arabia and Group of Seven nations will participate in a first virtual meeting of a new sovereign debt roundtable on Friday, the International Monetary Fund said on Monday, confirming an earlier Reuters report.



Two Army soldiers arrested over death of woman during raid in Borella

Two Sri Lanka Army soldiers were arrested by Borella Police over the incident of a woman being fatally shot when a weapon misfired during a raid at Dematagoda last night (February 13).