Sri Lanka inflation rises for second month on high energy costs

Sri Lanka’s inflation accelerated in November for a second straight month as energy tariffs were raised to keep the International Monetary Fund’s $3 billion bailout on track.



Sri Lanka President leaves for Dubai to attend the COP28

Sri Lanka President Ranil Wickremesinghe left the island this morning (November 30) to attend the COP28 World Leaders’ Summit to be held in Dubai, the President’s Media Division (PMD) said.



IMF says Sri Lanka debt deal could help board clear first bailout review

Sri Lanka’s in-principle pact with creditor nations to restructure its debt prepares the way for the International Monetary Fund (IMF) to consider clearing the first review of a bailout next month, the global lender said on Thursday.



Official Creditor Committee confirms debt treatment deal with Sri Lanka

The Official Creditor Committee (OCC) has confirmed its agreement in principle on specific financing terms to restructure Sri Lanka’s debt in line with the parameters set in the IMF program, Sri Lanka’s Finance State Minister Shehan Semasinghe says.



Sri Lanka President appoints Deshabandu Tennakoon as acting IGP

Sri Lanka President Ranil Wickremesinghe has appointed Senior DIG Deshabandu Tennakoon as the acting Inspector-General of Police for three months.



Creditor nations likely to agree on Sri Lanka debt restructuring – report

A group of Sri Lanka’s creditor nations are likely to reach an agreement on debt relief and an extension of repayment deadlines for the South Asian nation, Japan’s Jiji News reported on Wednesday, without naming a source or giving any details.



Netherlands returns six looted colonial-era artefacts to Sri Lanka

The Netherlands has returned six Sri Lankan colonial-era artefacts looted by the Dutch before 267 years (1756).



Sri Lanka needs $100 billion to become net zero emitter by 2040, president says

Sri Lanka needs $100 billion to become a net zero emitter by 2040, President Ranil Wickremesinghe said on Tuesday, as the island also attempts to build climate change resilience while navigating its worst financial crisis in decades.



40 Government hospitals in Sri Lanka closed and another 100 about to close

Sri Lanka’s Health Ministry said that around 40 government hospitals located across the country have been closed down.



October sees 20% decline in apparel exports from Sri Lanka

The apparel exports from Sri Lanka continued their downward trend, with October exports declining 20 percent year-on-year (YoY) to US $ 330.95 million, the data compiled by industry body Joint Apparel Association Forum (JAAF) showed.



Sri Lanka approves Sinopec’s $4.5 billion refinery proposal

Sri Lanka on Monday approved a proposal by China’s Sinopec (600028.SS) to build a $4.5 billion refinery, its energy minister said, making it the largest single investment in the island nation since a crippling economic crisis last year.



Tamil Nadu government failed to understand the problem in Sri Lanka: Murali

India, specifically the governments in Tamil Nadu, had failed to understand the ethnic conflict during the Sri Lankan civil war, legendary off-spinner Muttiah Muralitharan said Sunday.



Harin appointed Sports Minister, Pavithra appointed Irrigation Minister

Harin Fernando has been appointed as the Minister of Sports and Youth Affairs by President Ranil Wickremesinghe.



Sri Lanka’s President sacks Sports Minister

Sri Lanka President Ranil Wickremesinghe has sacked Sports Minister Roshan Ranasinghe from his portfolio.



Free sanitary napkins for school girls in Sri Lanka from 2024

Education Minister Susil Premajayantha informed Parliament today (November 27) that arrangements have been made to provide sanitary napkins for girls in schools from the year 2024.



Sri Lanka’s Sports Minister says his life is at risk

Sri Lanka’s Sports Minister Roshan Ranasinghe says that his life is in danger and if something happens to his life, President Ranil Wickremesinghe and Chief of Presidential Staff Sagala Ratnayaka should be held responsible.