ECONOMYNEXT –Sri Lanka will import onions from China after an export ban by India and Pakistan pushed up domestic prices, Trade Minister Nalin Fernando said. “There is a shortage of big onions in India and Pakistan,” Fernando said. “Now we are importing from China.” Fernando

The executive board of the International Monetary Fund confirmed a deal with Egypt to increase its bailout loan from $3 billion to $8 billion, in a move that is meant to shore up the Arab country s economy which is hit by a staggering shortage of foreign currency and soaring inflation.

Sri Lanka Association of Animal Production says it is possible to supply chicken and eggs without any shortage during the upcoming festive season.

In the wake of vessel re-routings, aimed at avoiding the Red Sea, bunker demand across ports in both India and Sri Lanka has witnessed a significant surge, highlighting a growing challenge for the maritime industry. While India contends with supply shortages, Sri Lankan ports are experiencing a notable increase in activity. According to S&P Global […]

Saturday 30th March, 2024 A police sergeant has been sentenced to four years of rigorous imprisonment and fined Rs. 20,000 for taking a bribe of Rs. 500 from a trishaw driver for not instituting legal action against the latter over a traffic violation. The case, filed by the Commission to Investigate Allegations of Bribery and […]

… corruption cited as one of the three issues faced by the country Japanese Ambassador Hideaki Mizukoshi Thursday (21) urged Sri Lanka to turn the continuing economic, political and social crisis into an opportunity to achieve success. The Ambassador said that the country should take advantage of the continuing external pressure to adopt reforms, build-up […]

While presiding over a meeting of National People’s Congress Standing Committee on March 8, Chinese President Xi Jinping stressed on enhancing capacity for national security to safeguard sovereign interests, hinting categorically about his unhappiness over the country’s preparedness to fight internal and external threats in the face of intensifying geopolitical competition. At the 170-member Natio...

by Rajan Philips Mass killings are rare in Canada and Sri Lankans living overseas have never been victims of mass killings anywhere. Both truisms were shattered last week when six Sri Lankans comprising four children, their mother, and a family friend were brutally killed by another Sri Lankan teenager in Barrhaven, Ottawa. All of them […]

By Rathindra Kuruwita The Association of Public Service Engineers (APSE) revealed that government departments, ministries, and local government bodies currently have only 1,000 engineers in their employ. This number represents only 66 percent of the approved cadre, according to Eng. L.S. Sooriyabandara. Eng. Sooriyabandara, a representative of the Association of Public Service Engineers (APSE), no...

Residents in areas facing drinking water issues have been urged to promptly contact the Disaster Management Center (DMC) on hotline 117 for assistance, in view of the ongoing arid weather conditions.

Thursday 14th March, 2024 President Ranil Wickremesinghe has embarked on an ambitious mission to have Artificial Intelligence (AI) taught in schools. This is something long overdue. The importance of preparing Sri Lankan students for future challenges and modernising the education system to align it with job market requirements, etc., cannot be overstated. However, before trying […]

By Saman Indrajith The Maskeliya Pradeshiya Sabha has collected three tonnes of plastic bottles discarded by pilgrims visiting Sri Pada during the past three months.Secretary of the Pradeshiya Sabha S. Rajaweeran said bins had been installed to dispose of such discarded plastic water bottles along the route taken by pilgrims. Rajaweeran said some pilgrims did […]