Sri Lanka is preparing to issue two-year oil and gas exploration licenses for as many as 900 offshore blocks for foreign firms to scout for energy resources and bring in vital investments to the crisis-hit country, a top official told Reuters on Thursday.

Fitch Ratings has downgraded the National Long-Term Ratings of 10 Sri Lankan banks following the recent sovereign downgrade and recalibration of the agency’s Sri Lankan national rating scale.

Former governor and minister Reginald Cooray has passed away at the age of 75.

Former Sri Lankan President Maithripala Sirisena should accept full responsibility for the Easter Sunday attack, MP Field Marshal Sarath Fonseka said today (January 12).

Sri Lanka’s Supreme Court today (January 12) ordered former President Maithripala Sirisena to pay Rs. 100 million for victims of 2019 Easter Sunday attacks as compensation.

Four Sri Lankans have been arrested in India for stealing large sums of money from a car.

The Central Bank of Sri Lanka (CBSL) bank has urged China and India to agree a write-down of their loans as soon as possible.

Adarsha Karadana has been arrested by the Police Computer Crimes Division of the Criminal Investigation Department (CID) over a complaint lodged by Professor Ashu Marasinghe.

The Secretary to the Ministry of Public Administration Neil Bandara Hapuhinna will be summoned to the Election Commission to inquire about the letter issued by him.

Sri Lanka’s Foreign Ministry will summon the Canadian envoy today (January 11) to register its strongest protest over the issuing of targeted sanctions on four Sri Lankan officials.

Sri Lanka’s output is estimated to have fallen by 9.2 percent in 2022 as the government ran out of the foreign exchange needed to cover food and fuel imports while the rupee plummeted and imports contracted sharply, and to service external debt, the World Bank says.

Commissioner-General of Elections Saman Sri Ratnayake has informed District Secretaries yesterday (January 10) to continue to accept deposits for the upcoming Local government Election.

Canada has imposed tough sanctions on former Sri Lankan Presidents Mahinda Rajapksa and Gotabaya Rajapaksa which prohibits them from entering Canada.

The United National Party (UNP) will contest the upcoming Local Government Election together with the Sri Lanka Podujana Peramuna (SLPP), said the UNP General Secretary today (January 10).

Sri Lanka Government decided to curtail 5% of the estimated expenditure allocated under the proposals of the 2023 Budget to all ministries.