Since official creditors provide debt relief through maturity extensions and interest rate reductions, there is no immediate impact on the nominal debt stock through restructuring, the Ministry of Finance said.
MAS Holdings, Sri Lanka’s leading apparel-tech conglomerate, has received Cabinet approval to establish the MAS Athlete Training Academy, the nation’s first and largest Public-Private Partnership (PPP) aimed at fostering next-generation Olympians.
Following discussions, the Teachers and Principals Alliance, has decided to launch protests in front of schools tomorrow against the threats by the President instead of providing solutions to issues in the education system, Ceylon Teachers’ Union (CTU) General Secretary Joseph Stalin said.
In today heated rugby match between Science College and S. Thomas’ College, a controversial call led to post-match mayhem. Towards the end of play, a Science player appeared to have scored a try, but the main referee, uncertain of the play, sought the line referee’s opinion, and ruled it out.
Officers from the Narcotics Control Unit of Sri Lanka Customs at the Katunayake Bandaranaike International Airport arrested a Sri Lankan national arriving from France for attempting to smuggle undeclared 24k gold jewellery through the green channel.
Two Sri Lanka Navy personnel attached to the Intelligence Unit have been arrested by the Sri Lanka Navy’s Special Investigation Unit over their alleged involvement in a large-scale drug smuggling racket.
The Judicial Service Association of Sri Lanka (JSASL), the organization representing all the District Court Judges and Magistrates in the country, has decided to call a Special General Meeting tomorrow (30) to discuss unwarranted criticisms directed at the judicial system, the Daily Mirror learns.
Kollupitiya Police have obtained a travel ban against Sena Yaddehige, Chairman of Richard Pieris Group, in connection with the alleged sexual abuse of a female business analyst from the company.
Public Security Minister Tiran Alles said at the United Nations Chiefs of Police Summit (UNCOPS 2024) that Sri Lanka is willing to contribute police, gendarmerie and criminal justice experts to combat global organized crime, gang violence and illicit economies to any host nation.
CBSL further eases monetary policy stance
CBSL’s single policy interest rate mechanism comes into effect today
Sri Lanka Economic Summit in January 2025
Industries Ministry public day re-launched after four years
Third review approved by IMF, SL to get next US$ 333 million tranche
Govt. taking allegations against Adani seriously
SriLankan Airlines comes under Finance Ministry
Dr. Mahipala out from Health Ministry; removal or resignation?