Category: Local News

Holders of Sri Lanka’s foreign bonds want more clarity on the nation’s local-currency debt before they sit down for formal restructuring talks, according to people familiar with the situation.

Two persons who were arrested for filming around Parliament have been remanded until February 07 after being produced before the Kaduwela Magistrate’s Court.

President Ranil Wickremesinghe, who assumed duties, claiming that he had very influential friends overseas, now claims he can hardly afford to pay government servants, National People’s Power (NPP) MP Vijitha Herath says.

Sri Lanka’s Central Bank Governor Dr. Nandalal Weerasinghe said regardless of the future elections, he wants to see a continuation of the economic reform path the country has embarked on, as it is the only way to come out of the current crisis.

The wholesale prices of vegetables, fruits and many essential food items in the Dambulla Economic Centre (DEC) had gone down by big margins yesterday (30).

The Human Rights Commission of Sri Lanka (HRCSL) has filed a Contempt of Court case with the Supreme Court against the Secretary to the Ministry of Power and Energy, Chairman of the Ceylon Electricity Board (CEB), and the Chairman of the Ceylon Petroleum Corporation.

All relevant documents received from District Returning Officers to hold the Local Government Election on March 09, 2023 have been sent to the Government Printer to be gazetted, the Chairman of the Election Commission said.

Sri Lanka’s Tamil National Alliance (TNA) has decided to boycott the 75th Independence Day celebrations.

Sri Lankan Minister of Foreign Affairs Ali Sabry has held talks with ministers and senior officials in Saudi Arabia, as the crisis-hit island nation seeks to boost cooperation with the Kingdom and other Gulf countries.

The Department of Government Printing has not received a gazette notification that is required to commence the Local Government Election process, the Government Information Department said.

A charge sheet is being prepared to remove Chairman of the Public Utilities Commission of Sri Lanka (PUCSL) Janaka Ratnayake, Minister of Power and Energy Kanchana Wijesekera said.

India and Sri Lanka have been able to address the impact of a Chinese surveillance vessel’s visit to Hambantota port last year and Colombo is looking to New Delhi to help drive economic recovery through investments in key sectors such as energy, Sri Lankan envoy Milinda Moragoda said.

Sri Lanka’s economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, President Ranil Wickremesinghe said on Saturday.

Sri Lanka’s Election Commission member M.M. Mohammed received death threats over the phone last night (January 27) forcing him to resign from his post.

Under Secretary of State for Political Affairs Victoria Nuland is scheduled to travel to Nepal, India, Sri Lanka, and Qatar from January 28 to February 03, 2023.

Sri Lanka has been able to save US$ 2,500 million from the very first day the imports were restricted until today, Finance State Minister Ranjith Siyambalapitiya said.