Category: Local News

Cash-strapped Sri Lanka’s national airline announced a staggering US $ 525 million annual loss yesterday.

A program to generate income for Sri Lanka through ‘Health Tourism’ is expected to be prepared, President’s Senior Adviser Sagala Ratnayaka said.

The price of imported milk powder will be reduced by Rs. 200 per kilogram from 15 May, 2023, Trade Minister Nalin Fernando said.

The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (May 12), according to the Central Bank of Sri Lanka (CBSL).

The main suspect arrested in connection with the suspicious death of a 16-year-old schoolgirl in Kalutara has been remanded until May 26, 2023.

The United Nations Development Programme (UNDP) is working with Sri Lanka to develop a project to mainstream e-mobility through the conversion of 500,000 Tuk-Tuks to electric vehicles (EVs) or e-Tuk-Tuks over a 5-year period.

Sri Lanka President Ranil Wickremesinghe announced that Sri Lanka is establishing the world’s first international environmental university to support the global effort in addressing climate change.

More details will emerge soon about who is the foreign party that supported the ‘Aragalaya’ and presently Sri Lanka has a President and cabinet appointed by the ‘Aragalaya’, MP Namal Rajapaksa said today (May 11).

Sri Lanka President Ranil Wickremesinghe instructed the relevant officials to amend the existing ordinances regarding lands to suit the current development needs.

Activist Piyath Nikeshala who was receiving treatment at the National Hospital of Sri Lanka after being assaulted has been arrested.

An International Monetary Fund (IMF) staff team will arrive in Sri Lanka on Thursday, a statement from the global lender said as the crisis-hit country prepares for the first review of a loan programme in September.

Sri Lanka’s creditor nations held their first meeting Tuesday to discuss restructuring the country’s debt. But the largest creditor, China, stood by as an observer, raising doubts over the success of the process.

Sri Lanka Government had thwarted plans to set fire to 100 houses belonging to lawmakers on May 10 2022 following goon attacks on protesters at Galle Face, Justice Minister Wijeyadasa Rajapakshe said in Parliament yesterday (May 09).

Finance State Minister Ranjith Siyambalapitiya told Parliament yesterday (May 09) that he has ordered the Trade and Investment Policy Department to  provide him with a report on the sugar price increase in the market.

A group of 41 illegal Sri Lankan immigrants who were arrested and deported by Australian authorities arrived at the Bandaranaike International Airport (BIA) this morning (May 09).

As Sri Lanka’s creditor nations prepare for their first meeting on Tuesday to co-ordinate restructuring of the Indian Ocean nation’s debt, the focus is turning to whether China will attend.