The approval for Sri Lanka s $2.9 billion bailout from the International Monetary Fund (IMF) is likely to go beyond January 2023, State Minister of Finance Shehan Semasinghe said.

The Lanka Premier League 2022 will open the C and D Lower Stands of the R. Premadasa International Cricket Stadium (RPICS) for spectators to witness the knock-out stage games, free of charge, Sri Lanka Cricket (SLC) announced today (Dec. 21).

The Asian Development Bank (ADB) has granted Rs. 8 billion to Sri Lanka for the benefit of 1.2 million farming families, the President s Media Division (PMD) says.

By Rathindra Kuruwita The Cabinet of Ministers had approved the issuance of Investment, Employment and Resident Visas to foreigners, attached in the Colombo Port City, Cabinet Spokesman Minister, Bandula Gunawardena, said yesterday. Gunawardena said that the proposal had been tabled by the Minister of Public Security, Tiran Alles. The Colombo Port City Economic Commission, established […]

Wednesday 21st December, 2022 There has been an upsurge in violent crimes during the past several months. The police are groping in the dark even where high-profile crimes such as the killing of Dinesh Schaffter are concerned. Is it that they are too busy with political work to be able to carry out their regular […]

The Lanka Premier League has reached the knock-out stage after the five teams engaged in two weeks of qualifying rounds. Dambulla Aura were knocked out after managing just two wins in eight games. Galle Gladiators also had managed just two wins and were tied on points with Dambulla Aura, but they went through thanks to […]

SRI LANKA JUNIOR OPEN GOLF CHAMPIONSHIP 2022 The Sri Lanka Junior Open Golf Championship 2022, Sponsored by PRIMA SUNRISE BREAD teed-Off at the RCGC with over 70 juniors playing in five different Age group Categories. 14 year old Kaya Daluwatte fired a fantastic one under par opening round to lead the Girls division by five […]

By Chandradasa Kodithuwakku No country in the world had become rich by exporting cannabis, the Chairman of the National Authority (NATA) on Tobacco and Alcohol, Dr. Samadhi Rajapaksa, said In Matara. Dr. Rajapaksa said that cannabis was widely used in Sri Lanka and warned that if the cannabis cultivation was legalised, the consumption of the […]

Text of a speech delivered by Prof. Rajiva Wijesinha recently at the Web Page Launch of the ‘English for Fun’ Project, an outreach service of the Library, University of Sri Jayewardenepura ‘Only Connect’ is an exhortation by E M Forster that I have long thought a guideline for productive action. This I believe is what […]

By Shamindra Ferdinando The European Union will not continue with the Generalised Scheme of Preferences (GSP-plus) facility unless the Wickremesinghe-Rajapaksa government holds the Local Government elections soon, Prof G. L. Peiris, MP, has warned. The Local Government bodies have to be constituted on or before March 20, 2023. The former Foreign Minister has said that […]

Lanka Sathosa has slashed the prices of five essential food items- big onions, red lentils, canned fish (local), chilli and sprats.

A Sri Lankan bank has opened a vostro account with the State Bank of India (SBI) to conduct bilateral trade in Indian Rupees.

Accepting of applications for the scholarship award program by the President s Fund for students affected by financial difficulties who have successfully completed the G.C.E. O'L examination in 2021 and will be sitting for the G.C.E. A'L examinations in 2024 will end on December 23.

Sri Lankan wrestler Nethmi Ahinsa Poruthotage, who won a bronze medal at the Commonwealth Games 2022 in Birmingham was presented with a house in Wepalla, Kurunegala, by ÂManusath Derana, the CSR initiative of TV Derana.

State Bank India (SBI) will start overseas trade in rupee with smaller countries like Mauritius and Sri Lanka to steer clear of any transactions with Russia which carries the risk of sanctions by the West. “As far as rupee trade with smaller nations is concerned, the RBI has allowed opening of six special vostro accounts with three Indian lenders” […]

India’s much-awaited Digital Rupee currency (e-Rupee) was launched in the country a few days back. Its wholesale segment commenced from November 1, 2022, and Retail on December 1, 2022. In one way it is a very important historical event and in another, it is a minor one. Minor thing is that the digital transaction of […]

Analysis by Matthew Brooker It was the year that the scales fell from Europe’s eyes on China. Heading into 2023, the clarity engendered by Beijing’s stance on the Russian invasion of Ukraine is in danger of being lost. Leaders of a continent beset by soaring energy prices and economic hardship show signs of wanting to pick […]

The cabinet of ministers approved the proposal presented by the Minister of Foreign Affairs to establish the proposed “office for the affairs of Sri Lankans living abroad” under the Presidential Secretariat enabling the receipt of their assistance to Sri Lanka In the Interim Budget 2022, the Honorable President  proposed to establish an office for the […]