News

Head of the People’s Bank of China (PBOC) sees debt restructurings among countries such as Sri Lanka and Zambia moving ‘too slowly’ and wants creditors to agree on how to share the burden of debt relief, Bloomberg reported. Accordingly, PBOC Governor Pan...

The International Monetary Fund (IMF) is hopeful that there will be a conclusion soon to Sri Lanka’s debt negotiations with the private creditors despite the setback while the road ahead for the country’s recovery is going to be harder, said...

Sri Lanka’s LGBTQ champion Rosanna Flamer-Caldera has been listed among the popular TIME magazine’s “The 100 Most Influential People of 2024.” Time 100 is a list of the top 100 most influential people in the world, assembled by the American...

A special meeting between President Ranil Wickremesinghe and Basil Rajapaksa is scheduled to be held today. Sri Lanka Latest News It is known that this meeting is scheduled to be held as per the President's request. Political sources say that...

People’s Bank announced yesterday that it facilitated over 17 million transactions valued at over Rs. 568 billion during the Avurudu season between 1 to 15 April highlighting its pivotal role in the daily financial activities of the country.Leveraging its extensive...

The State Enterprise Restructuring Unit under the Ministry of Finance, Economic Stabilization and National Policy, disclosed today (22) the details of 6 investors who have expressed their interest in the proposed acquisition of SriLankan Airlines, the country's national airline. Sri...

An Israeli attack on Iran damaged a Russian-made S-300 air defense system, according to a new report, marking a possible embarrassing performance for the Moscow-designed system provided to a crucial Kremlin ally. Friday's attack on Iran damaged or destroyed an...

Professor Charitha Herath pointed out that there are many errors in the new Electricity Act which has been gazetted by the Minister Mr. Kanchana Wijesekera. Sri Lanka Latest News At a press conference held today, he gave a lengthy explanation...

The US Navy, the US Marine Corps, and the Sri Lankan Navy will conduct a bilateral maritime joint exercise from Monday, including anti-terrorism manoeuvres, the American mission here said. The joint exercise called the Cooperation Afloat Readiness and Training (CARAT)...

The Western Province Road Passenger Transport Authority states that this law will be strictly enforced from July 1st.Sri Lanka Latest News The authority also claims that it is mandatory to install a meter showing the fare in the upper left...