Minister of Transport and Highways and Minister of Mass Media Dr Bandula Gunawardena at a press briefing held at the Presidential Media Center today (30) said that the earliest Sri Lanka can recover from bankruptcy is in 2027, at which time it is envisaged that the countries foreign reserves which stand at USD 3.5 billion […]

By Hiran H. Senewiratne The trading activities at the Colombo Stock Exchange witnessed a positive trend yesterday after a negative streak in the past few days, following the much anticipated debt restructuring deal between Sri Lanka and its official creditors. “The Official Creditor Committee (OCC) and Sri Lanka agreed on the main parameters of a […]

The Sri Lanka Foreign Employment Bureau (SLFEB) has contributed a total of Rs.07 billion to the National Treasury this year. Minister of Labour and Foreign Employment, Manusha Nanayakkaraa presented a cheque for  Rs.04 billion to President Ranil Wickremesinghe at the Presidential Secretariat, this afternoon (29). Of the Rs. 07 billion,  Rs.03 billion was handed over […]

Addressing a special press briefing on COP28 held at the Presidential Media Centre (PMC) this morning (29) , Minister of Foreign Affairs Ali Sabry said that President Wickremesinghe  will propose the launch of the Climate Justice Forum, the Tropical Belt Initiative and the establishment of a Climate Change University in Sri Lanka. In addition to […]

The Sri Lanka Foreign Employment Bureau (SLFEB) has contributed a total of Rs.7 billion to the Treasury this year, with the formal presentation of a Rs.4 billion cheque presented to President Ranil Wickremesinghe by Minister of Labour and Foreign Employment, Manusha Nanayakkara, this afternoon (29) at the Presidential Secretariat.

Economic conditions and challenges prevailing last year have moderated somewhat, given the steadfast approach by policy makers and regulatory authorities towards economic recovery. We appreciate their efforts, and our results bear testimony to the progress made. Nevertheless, the road ahead remains challenging. A meaningful government budget, continued success of the IMF program, general price sta...

SLPP leader Mahinda Rajapaksa yesterday (28) hit back at critics, claiming that a robust economy had been built under his presidency. He said the UNP-SLFP government which ruled the country during the 2015-2019 period should be held responsible for the current economic crisis. The following is the text of a statement, titled ‘the origins of […]

By Rathindra Kuruwita The Cabinet of Ministers has approved the signing of a loan agreement with the Asian Development Bank to borrow 60 million US dollars to complete the Integrated Road Investment Program (IRIP), cabinet spokesman Bandula Gunawardena told reporters on Tuesday. Addressing a press conference, Gunawardena said the IRIP was implemented using loan funds […]

The joint military exercise between India and Sri Lanka culminated on Tuesday at the Southern Command Foreign Training Node, Aundh in Pune. Joint army drills are a key component of military diplomacy between countries across the world.

Addressing the 58th Annual General Meeting of The Hotels Association of Sri Lanka (THASL) held on Monday (27) at Shangri-La Hotel, Colombo, President Ranil Wickremesinghe outlined a comprehensive strategy to propel the country’s tourism sector to new heights. Focused on surpassing the target of 5 million tourists and redefining traditional approaches, the President’s vision extends […]

The Cabinet of Ministers approved the Proposal presented by the Minister of Education to implement the South Asian Qualification Reference Framework in Sri Lanka together with the Ministry of Education and the Ministry of Labor and Foreign Employment. The South Asian Qualification Reference Framework, is implemented as a link to the qualification frameworks of other […]

A four-member Sri Lankan family, who were stranded in the Gaza Strip, have safely arrived in Sri Lanka, according to the Ministry of Foreign Affairs.

slams colleague over criticism of US envoy’s conduct By Shamindra Ferdinando SLPP MP Chandima Weerakkody has lashed out at fellow ruling party MP and Chairman of Sectoral Oversight Committee on National Security Sarath Weerasekera for the latter’s recent comment on US Ambassador Julie Chung’s conduct in respect of last year’s popular uprising which led to […]

Monday 27th November, 2023 The SJB has commenced collecting signatures for a public petition as part of a campaign to have those who are responsible for the current economic crisis stripped of their civic rights. Given public resentment, which is palpable, the SJB may be able to obtain hundreds of thousands of signatures for its […]

by G. T. Dharmasena Former Director General of Irrigation and currently the Consultant to the Metallurgical Corporation of China  The Nilwala Ganga has a drainage area of 1043.0 sq.km and its annual average run off to sea is estimated as 1167.0 Million Cubic Meters (mcm).  The only major infrastructure facility available in the basin for […]

Govt. denies claim as baseless by Saman Indrajith SLMC leader and SJB Kandy District MP Rauff Hakeem told Parliament on Saturday that Sri Lankan expatriate workers planning to go to Israel were to be given military training in that country. Hakeem said numerous war crimes and crimes against humanity had taken place in and around […]

by Sujeeva Nivunhella reporting from London Rohitha Bogollagama, the newly appointed High Commissioner of Sri Lanka to the United Kingdom, last week formally assumed duties at the High Commission at a modest ceremony.He was received on arrival at Heathrow Airport by Mrs Kathryn Colvin, Special Representative of the UK Foreign Secretary. Addressing the High Commission […]

By Amal JAYASINGHE Malé (Maldives) AFP: Rising sea levels threaten to swamp the Maldives and the Indian Ocean archipelago is already out of drinking water, but the new president says he has scrapped plans to relocate citizens. Instead, President Mohamed Muizzu promises the low-lying nation will beat back the waves through ambitious land reclamation and building […]

By Sujeeva Nivunhella Last week in Vienna, Ambassador M.R.K Lenagala, Sri Lanka’s representative to the UNO and other international organizations in Vienna, officially became the Ambassador Extraordinary and Plenipotentiary of Sri Lanka, following the presenting of Letters of Credence to President Alexander Van der Bellen at the Hofburg Palace. The ceremonial event marked the initiation […]

ECONOMYNEXT –Former minister, MP Rauff Hakeem has opposed Sri Lanka’s plans to send 10,000 workers to belligerent Israel.Cabinet spokesman minister Bandula Gunawardena said this week that cabinet approved a plan to send workers to Israel’s agriculture sector. “Sending our workers to a country that is committing war crimes is like sending workers to Nazi Germany, […]