Colombo sees the Adani projects in Sri Lanka as a “government to government kind of deal”, said Sri Lankan Foreign Minister MUM Ali Sabry, as it was the Indian government that had identified the Adani group for infrastructure projects including Northern Sri Lanka wind power project.

Two suspects including the shooter wanted in connection with the shooting and killing of a businessman who was found shot dead in his vehicle at Pinwatta in Panadura had been arrested, police said.

Renowned British supermodel Naomi Campbell features a pack of Sri Lankan made “Samahan,” as an essential product she keeps with her for a strong immune system.

The Government will be winding up or transferring the powers of more than 100 commissions, agencies and advisory boards, after revelations that their services were not needed or could be performed by existing institutions.

Litro Gas Lanka Ltd., has decided not to increase the prices of domestic gas considering the appreciation of the Sri Lankan rupee against U.S. Dollar.

Sri Lanka’s State Minister of Finance Ranjith Siyambalapitiya stated today (March 04) that the government will honour the Supreme Court’s interim order barring the withholding of funds allocated for the 2023 Local Government Election.

The International Monetary Fund (IMF) today praised the Central Bank of Sri Lanka’s (CBSL) decision to raise the policy rate and said it “shows its commitment to reduce inflation more quickly and firmly towards the single-digit target.”

Sri Lanka’s central bank raised interest rates in an unexpected move on Friday in a bid to help the country secure a bailout package from the International Monetary Fund (IMF) to stabilise its crisis-hit economy.

The Supreme Court has issued an order preventing the Finance Ministry’s secretary from withholding the funds allocated for Local Government Election 2023 through the 2023 Budget.

The Sri Lankan Rupee (LKR) has further appreciated against the US dollar (USD) today (March 03).

Government can only be changed through a parliamentary election and taking to the streets was not an option for that, Sri Lankan President Ranil Wickremesinghe said today (March 03).

Sri Lanka President Ranil Wickremesinghe has announced that a foundation is presently being established to advance Sri Lanka’s economy to a global level over the next five years by implementing green economic policies.

Samagi Jana Balawegaya (SJB) MP Dr. Harsha de Silva has dismissed claims made by the President that the government can’t afford to hold elections in view of IMF recommendations.

The International Monetary Fund (IMF) Mission to Sri Lanka has stated that the new tax reforms in Sri Lanka helps meet the objective of correcting the imbalance of tax revenue and expenditure.

First group of Chinese tourists since the COVID-19 pandemic arrived in Sri Lanka last night (March 01).

The Sri Lankan Rupee (LKR) has further appreciated against the US dollar (USD) today (March 02).