Sri Lanka debt restructuring stumbles as government rejects bondholders’ proposal

Reuters reports that Sri Lanka has turned down a restructuring plan proposed by international bondholders to address its $12 billion debt, thereby endangering crucial International Monetary Fund (IMF) aid and further delaying the resolution of its ongoing two-year debt crisis.

Sri Lanka must stay neutral in world conflicts – Harshana Rajakaruna

Samagi Jana Balawegaya (SJB) MP, Harshana Rajakaruna, emphasized today (April 16) the need for Sri Lanka to maintain a cautious and neutral stance in international relations, particularly highlighting the importance of not getting involved in global conflicts.

Sri Lanka commences IMF-World Bank Spring Meetings with positive bilateral talks

Sri Lanka began the International Monetary Fund and World Bank Group (IMF/WBG) Spring Meetings with a productive bilateral discussion with Kenji Okamura, the Deputy Managing Director of the IMF, according to State Minister of Finance, Shehan Semasinghe.

Iranian President to inaugurate ‘Uma Oya’ project during Sri Lanka visit

Several major water and energy projects are going to be inaugurated by the presidents of Iran and Sri Lanka in the near future, Iranian media reported.

Chamara Sampath Dasanayake’s vehicle caught Fire in Bandarawela

State Minister Chamara Sampath Dasanayake’s vehicle suddenly caught fire in the Halpe area of Bandarawela this morning (April 16).

India lifts ban on onion exports to Sri Lanka

The Government of India has lifted the export ban on onions for Sri Lanka, according to the Indian High Commission in Colombo.

President joins Sinhala and Tamil New Year celebrations in Nuwara Eliya

The New Year celebrations in Meepilimana, Nuwara Eliya, were organized by the “Api Youth Club” in partnership with the Nuwara Eliya District Secretariat and the Nuwara Eliya Divisional Secretariat and took place on Sunday (April 14).

Mumbai Indians’ Skipper Hardik Pandya Credits Matheesha Pathirana for Chennai Super Kings’ Victory

According to Times of India, Mumbai Indians’ captain Hardik Pandya pointed to the game-changing performance of Chennai Super Kings’ Impact Substitute, Sri Lankan bowler Matheesha Pathirana, as a key factor in their 20-run loss in the 29th match of the Indian Premier League at Wankhede Stadium.

Iran Claims It Warned of Attack on Israel; U.S. Denies Receiving Notice

According to a Reuters report, Turkish, Jordanian, and Iraqi officials confirmed that Iran had issued a broad notification prior to its recent drone and missile strike on Israel, contrasting with U.S. claims that Washington received no prior warning.

Sri Lanka President’s Message for the Sinhala and Tamil New Year 2024

Sri Lankan President Ranil Wickremesinghe has released his message for the Sinhala and Tamil New Year 2024.

Kristalina Georgieva selected for second term as IMF’s Managing Director

The International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as its Managing Director for a second five-year term starting on October 1, 2024.

Sri Lanka Police to reward officers Rs. 5,000 for each drunk driver apprehended

Sri Lankan police officers who arrest drunk drivers will be rewarded for each apprehension.

Sri Lanka Navy intercepts two fishing trawlers carrying 200 kg of narcotics

Sri Lanka Navy has seized two multi-day fishing trawlers off the southern coast of the island, intercepting approximately 200 kg of drugs suspected to be heroin and crystal methamphetamine, commonly known as ‘Ice’.

Chicken Prices spike at Economic Centres in Sri Lanka

The retail price for a kilogram of chicken at Economic Centres in Sri Lanka was higher today (April 12) compared to previous rates.

SLTB reports Rs. 25 million daily revenue boost from New Year special bus service

The Sri Lanka Transport Board (SLTB) has reported that its daily earnings have increased by about Rs. 25 million because of a special bus service introduced for the Sinhala and Tamil New Year.

Sri Lanka shows signs of recovery but must maintain reform momentum: ADB

The Asian Development Bank’s (ADB) annual flagship economic publication, the Asian Development Outlook (ADO) for April 2024, forecasts moderate growth in Sri Lanka’s economy of 1.9% in 2024 and 2.5% in 2025, following two consecutive years of contraction.