The United States and Sri Lanka marked the fourteenth Trade and Investment Framework Agreement (TIFA) Council Meeting in Colombo yesterday (18), solidifying their commitment to enhancing trade and investment relations.
President Ranil Wickremesinghe embarked on an official visit to Germany early this morning (27). During his absence, the responsibilities of the ministries under his purview have been temporarily entrusted to the respective state ministers. As part of this arrangement, State Minister Pramitha Bandara Tennakoon will serve as the Acting Minister of Defence, State Minister Shehan […]
Minister of State for Tourism Mrs. Diana Gamage at a press conference themed ‘Collective path to a stable country’ at the Presidential Media Centre today (27) announced plans to launch promotional campaigns aimed at attracting 1.5 million foreign tourists to Sri Lanka by the year’s end. She emphasized the government’s commitment to ensuring the safety […]
The United States (US) says it is dedicated to safeguarding security in Sri Lanka’s ports and aviation sectors. The US Ambassador to Sri Lanka, Julie Chung tweeted saying she met with the Minister of Ports, Shipping and Aviation Nimal Siripala De Silva today (Wednesday). The Ambassador said that at the meeting they discussed Sri Lanka’s […]
The International Monetary Fund (IMF) says despite early signs of stabilization, full economic recovery in Sri Lanka is not yet assured. Growth momentum remains subdued, with real GDP in the second quarter contracting by 3.1 percent on a year-on-year basis and high-frequency economic indicators continuing to provide mixed signals. Reserve accumulation has also slowed in […]
Sri Lanka is to create cities that never sleep by revising certain regulations in an attempt to boost tourism. Minister of State for Tourism Diana Gamage said that the country has plans to launch promotional campaigns aimed at attracting 1.5 million foreign tourists to Sri Lanka by the end of this year. She emphasized the […]
Some members on the committee of Sri Lanka’s official creditors are pushing to reach a deal to restructure the nation’s debt without the participation of China, Bloomberg News reported on Wednesday citing people familiar with the matter. The members want the group of major creditors, including the US, Japan and India, to sign a memorandum […]
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