Ratmalana Airport restarts international flight operations after five decades

The Colombo International Airport, Ratmalana (CIAR) today marked a milestone event commencing “Scheduled International Regional Flight Operations” after five decades.



Sajith says Samagi Jana Balawegaya proposed similar solutions as IMF

Leader of the Opposition Sajith Premadasa says the proposals presented by the International Monetary Fund are similar to those presented by the Opposition as a solution to the economic crisis for the past two years.



Prime Minister instructs to remove obstacles to renewable energy

Prime Minister Mahinda Rajapaksa has instructed the Secretary to the Ministry of Economic Policies and Plan Implementation Anusha Palpita to take immediate action to remove the obstacles that exist with regard to utilising renewable energy as a solution to the power crisis.



Utility service providers seek approval to raise rates

Tariff increases are being requested for utilities across the board including telecommunications, electricity, water and railways. Buses have already hiked fares.



Central Bank of Sri Lanka issues statement on IMF article IV report

The Central Bank of Sri Lanka has issued a statement confirming it’s stance on the IMF Article IV Report which was released today (March 26).



Sharp rise in Sri Lanka fuel prices as economy reels

One of Sri Lanka’s biggest fuel suppliers has raised the price of petrol by nearly 20 percent, the second increase in as many weeks, as the country struggles to import oil without dollars.



Sri Lanka Is Facing ‘Clear Solvency Problem,’ IMF Report Says

Sri Lanka faces “solvency” issues because of risks stemming from unsustainable debt levels that jeopardize the nation’s economy, according to International Monetary Fund staff.



Lanka IOC increases petrol prices again

Lanka IOC has once again increased the price of a litre of petrol by Rs. 49/- with effect from midnight today (March 25).



China to gift 2,000 MT of rice to Sri Lanka

China will be providing 2,000 tonnes of rice valued at around USD 2.5 million as emergency food aid to Sri Lanka, the Chinese Embassy in Colombo said in a statement.



Ranjan Ramanayake pleads guilty in second contempt of court case

Former MP Ranjan Ramanayake pleaded guilty for the second case of contempt of court, when he was produced before the Supreme Court today (March 25).



Kerawalapitiya Power Plant stops electricity generation as it has run out of fuel

Electricity Generation at the Kerawalapitiya Power Plant was suspended today morning (March 25), as the power plant had run out of fuel.



Wimal: Government will lose majority soon

National Freedom Front (NFF) leader and former Minister Wimal Weerawansa said in Kandy yesterday that the SLPP dissidents would ensure that the government would lose its majority in Parliament.



Sri Lanka to be prime Asian destination for tourists

President Gotabaya Rajapaksa pointed out that obstacles should be removed and plans should be made to attract tourists through global promotional programmes.



Two accomplices of gangster ‘Beral Sanka’ shot dead in Kadawatha

Two accomplices of underworld gangster ‘Beral Sanka’ have been shot dead last night (March 24) at 9th mile post in Kadawatha on the Colombo-Kandy Main Road.



Sri Lanka’s Ranidu crushes India’s Grandmaster Gukesh at 19th Delhi Open Chess Champs

India’s youngest ever Grandmaster D Gukesh suffered a crushing defeat against Sri Lanka’s Ranidu Dilshan Liyanage in the second round of the 19th Delhi International Open chess tournament on Wednesday (March 23).



Sri Lanka to seek World Bank support alongside IMF loan programme – sources

Sri Lanka will seek World Bank assistance to stave off a severe economic crisis in addition to an International Monetary Fund (IMF) rescue plan to be discussed next month, two sources said.