Egg on the face or the Emperor’s new clothes? Pick what you will. Both the president and his government has made a song and dance about a Rs. 1,700 daily wage for plantation workers with President Ranil Wickremesinghe announcing it on May Day at a Ceylon Workers Congress (CWC) rally at Kotagala. Shortly thereafter Labour […]

A high level delegation headed by the State Minister of Foreign Affairs Tharaka Balasuriya is scheduled to visit Russia to arrange for the repatriation of Sri Lankan ex-military personnel deployed in Russia for military purposes and the related discussions will be held on June 26 and 27, said Minister of Foreign Affairs, President’s Counsel Ali […]

Chair of the Sectoral Oversight Committee on National Security retired Vice Admiral Sarath Weerasekera has said an external mechanism is in place to prepare the ground for a war crimes probe against the Sri Lankan military and those who provided political leadership for the country’s war on terror. Addressing the last SOC held in the Parliamentary complex, […]

The International Monetary Fund (IMF) says that there has been sufficient progress for Sri Lanka’s Debt Restructuring process to move forward. Joining the IMF press briefing on Sri Lanka’s second review of EFF programme held virtually yesterday morning (14), IMF Senior Mission Chief for Sri Lanka Peter Breuer stated that the IMF fully respect the democratic […]

Arrangements are being made by the Faculty of Social Sciences and Languages of the Sabaragumawa University to hold its second International Conference on Social Sciences and Languages (ICSSL) on the 18th and 19th of December 2024. A press release said that the conference will feature a wide range of presentations on multidisciplinary research activities in the fields of social sciences […]

The UN World Food Programme has welcomed Saudi Arabia’s donation of 300 tonnes of dates for vulnerable children in Sri Lanka.Provided through Saudi Arabia’s aid agency KSrelief, the dates will be given to primary grade children enrolled in the country’s national school meal program. The contribution was acknowledged at a signing event on Tuesday between […]

Groundbreaking solar-powered battery swapping stations recognized for their impact on sustainable urban mobility and economic development in Sri Lanka  The U.S. Embassy announced on Friday that Sri Lanka’s USAID-funded Sri Lanka Energy Project (SLEP) has received top honours at the 2024 annual conference for the Society for International Development, the premier U.S. event for international [̷...

Sri Lanka’s HC in the UK Rohitha Bogollagama has sought an opportunity to engage in further discussions on the UK models of devolution with the Ministry of Justice and the Scottish government representatives.The Foreign Ministry revealed this in a press release issued on Wednesday (12) regarding a team led by HC Bogollagama with the UK […]

The Colombo Stock Exchange’s (CSE) implementation of the shortened settlement cycle for equity trades has been executed seamlessly with the first settlement under the T+ 2 cycle taking place on 12th June 2024, marking a significant milestone in Sri Lankan Capital Market operations. Investors have experienced swift payment processing, receiving their funds within two days […]

A tournament of firsts has an addition: this is the first time South Africa and Nepal will meet on the international circuit. And they do so from opposite ends of the group’s points table. South Africa advanced to the Super Eight after the Nepal-Sri Lanka washout, but would have likely made it there anyway. They […]

The US Ambassador in Colombo Julie Chung says that the United States welcomes the International Monetary Fund s (IMF) approval of Sri Lanka s second review of the Extended Fund Facility (EFF) programme.

The former Sri Lankan Permanent Representative to the United Nations in Geneva, Dr. Dayan Jayatilleka says that Sri Lanka could have struck a better deal with the International Monetary Fund (IMF), if the island nation went to the international lender as a bipartite team consisting of both government and opposition parties.

The International Monetary Fund (IMF) says that there is sufficient progress for Sri Lanka s Debt Restructuring process to move forward.

Govt.: ‘Is Opposition resorting to act of terrorism to ruin economy?’ State Minister of Finance Shehan Semasinghe, yesterday, asked the Opposition not to disseminate false information, which was fraught with the danger of disrupting the economic recovery process, which had received a boost from the release by the IMF of another USD 336 million under its […]

SriLankan Airlines CEO Richard Nuttall has declared that the Wickremesinghe-Rajapaksa government intends to privatise several state-owned enterprises, including SriLankan as part of the International Monetary Fund (IMF) programme. Asian News International quoted Nuttall as having said on Wednesday (13): “The government is trying to privatise a number of state-owned enterprises as a part of t...

The Colombo High Court yesterday (13) temporarily lifted the overseas travel ban imposed on the Chairman of Perpetual Treasuries Limited (PTL) Geoffrey Aloysius.The travel ban was imposed consequent to the disclosure of the PTL’s involvement in Treasury bond scams in 2015 and 2016. This order was issued when the relevant case was taken up before […]

Rex Clementine in Miami Life came to a standstill here in Miami on Wednesday due to torrential rain and subsequent flood and the Sri Lankan team was left stranded in their hotel in Fort Lauderdale. After the team was knocked out of the ICC T-20 World Cup with the game against Nepal washed out, Sri […]

A ten-Day Yoga Mahotsav celebrating the 10th International Day of Yoga (IDY) was launched yesterday (13) at Colombo National Museum. The event was celebrated under this year’s IDY theme ‘Yoga for Women Empowerment’ with over 200 students participating from different schools in Colombo. Yoga Mahotsav 2024 is being organised by Swami Vivekananda Cultural Centre (SVCC), […]

Friday 14th June, 2024 The US presidential race has taken another dramatic turn with a federal jury finding President Joe Biden’s son, Hunter, guilty of having illegally purchased and possessed a gun while being addicted to crack cocaine. A sentencing date has not yet been set. The offence carries a prison term. Hunter is reportedly […]