Private equity firm TPG and fund company BlackRock Inc (BLK.N) are among half a dozen firms which have shown preliminary interest in a 49 percent stake in loss-making SriLankan Airlines Ltd, people familiar with the matter said.

A Beer manufacturing company in the country which was fully affected by the recent flood has been provided the opportunity to import beer with taxes and other levies applicable to that of locally produced beer.

Sri Lankan Prime Minister Ranil Wickremesinghe will meet Prime Minister Narendra Modi in New Delhi Wednesday and discuss several issues of mutual interest.

The results of the top scorers of the Grade Five Scholarship Examination have been released by the Department of Examinations.

Sri Lanka will pay $170 million to AerCap Holdings NV (AER.N), the world’s largest independent aircraft leasing company, for cancelling a lease signed by the previous government for four A350s, Finance Minister Ravi Karunanayake said on Tuesday.

The prices of cigarettes have been increased by Rs 7 per cigarette with effect from midnight yesterday (3), Finance Minister Ravi Karunanayake said.

Mihin Lanka is to merge with SriLankan Airlines with effect from the 30th of October.

President Maithripala Sirisena, recalling that the year 2017 has been declared as the year for alleviation of poverty, says the proposal including the plan for building houses on this regard, will be presented to the Cabinet next Tuesday.

At a time when the country needs more buses to streamline the services of Sri Lanka Transport Board; it has to pay a heavy cost instead for super luxury airbuses that had been ordered by the previous regime, Minister of Finance Ravi Karunanayake said.

The Chief Minister of Sri Lanka’s Tamil-majority Northern Province on Sunday regretted that people in South Sri Lanka are portraying him as an “undesirable”, a “ghost” or a bogeyman.

More than 2,000 Indian fishermen were on Sunday forced to return from sea without a catch after they were allegedly attacked by Sri Lankan Naval personnel, the PTI reported.

Swiss Justice Minister Simonetta Sommaruga will tackle the issue of repatriating Tamil asylum seekers to Sri Lanka when she visits the country next week. Migration will feature prominently on her trip to Sri Lanka and India.

Those who take revenge will have to face consequences in future as well according to Buddhism as karma, former Minister Basil Rajapaksa has said.

Sri Lanka would soon bring in a new anti-terrorism law, Prime Minster Ranil Wickremesinghe said yesterday.

The SAARC Summit set to be held in Islamabad in November has been postponed indefinitely, the government announced on Friday, after India along with four other member states of the regional grouping decided against attending the meet.

Prime Minister John Key has today announced New Zealand will establish a diplomatic post in Sri Lanka, and welcomed news that Sri Lanka will establish a post in New Zealand.