Category: Local News

Sri Lanka has resumed technical discussions with the International Monetary Fund on a potential bailout after a new government took office, the finance ministry said on Friday.

Sri Lanka’s inflation climbed to 60.8% in July 2022 while the inflation grew by 4.5% in July, in contrast with June 2022, indicates the Colombo Consumer Price Index (CCPI).

The World Bank Group says it is deeply concerned about the dire economic situation and its impact on the people of Sri Lanka

The Colombo Municipal Council (CMC) is going to launch a pilot program to allocate a separate lane for bicycle users today (July 29) as there is a significant increase in the use of push bikes in Sri Lanka due to current fuel and transport problems.

A 20-year old woman had died and her sister was injured after they were hit by a moving train in Wellawatte last night (July 28), police said.

India, which is trying to expand its influence in crisis-hit Sri Lanka after China made deep inroads there, said on Thursday it was aware of reports about the planned visit of a Chinese vessel to a Sri Lankan port built with money from Beijing.

Sri Lankan President Ranil Wickremesinghe has decided to prorogue Parliament with effect from midnight today (July 28).

The successful formation of a government under the new President Ranil Wickremesinghe is an important precondition for resolving Sri Lanka’s debt default

Colombo Fort Magistrate’s Court today (July 28) issued arrest warrants on activists Lahiru Weerasekara and Venerable Tampitiye Sugathananda Thero over failure to attend a court proceeding.

Colombo Fort Magistrate Thilina Gamage has ordered the OIC of the Fort Police today (July 28), that the money found by the activists in the President’s House and handed over to the police be presented to the court immediately.

A meeting between the Sri Lanka Freedom Party (SLFP) and President Ranil Wickramasinghe is being held today (July 28) to discuss the formation of an all-party government.

Businesses with multiple vehicles can now register all vehicles with the Business Registration Number to obtain the National Fuel Pass, Minister of Power and Energy Kanchana Wikesekera said.

The International Monetary Fund (IMF) said Sri Lanka should kick off debt restructuring talks with its bilateral lender China, while the island state’s government seeks a financing loan from the Washington-based fund.

The head of the U.S. government aid agency called on China on Wednesday to help Sri Lanka and other nations that had borrowed heavily from Beijing with debt restructuring, not just with lines of credit and emergency loans.

04 people were killed in shooting incidents that took place in Gampaha, Ambalangoda and Mount Lavinia in Sri Lanka within 24 hours.

The emergency regulations declared by the Sri Lankan President Ranil Wickremesinghe was approved in Parliament today (July 27) with the majority of votes.