First Deputy Managing Director of the International Monetary Fund (IMF) said the road ahead for Sri Lanka is challenging, and it is critical to keep up with the reform momentum. Taking to X, she said she really appreciated meeting Sri Lanka’s State Minister of Finance Shehan Semasinghe and Central Bank Governor Nandalal Weerasinghe. “I commended them on hard-won economic gains in the past year. The road ahead is challenging, and it’s critical
The Government is maintaining a deafening silence on the investigations over a number of emblematic cases. Current President then Prime Minister Ranil Wickremesinghe had in 2015 assured justice over the murders, including that of former Editor Lasantha Wickrematunge and rugger player Wasim Thajudeen. However, President Wickremesinghe and his administration have not provided any assurances to the families of the victims since taking office
The Catholic Church is planning to present a proposal to the United Nations Human Rights Council (UNHRC) through several foreign governments and international organizations to initiate an international investigation into the Easter Sunday terrorist attacks with a view to mete out justice to the victims of those attacks. Archbishop of Colombo, His Eminence Cardinal Malcolm Ranjith revealed this to the BBC Sinhala Service yesterday in a statement
The gradual increase in dollar reserves and the rise in the value of the rupee expected in the future will enable the import of vehicles, Finance State Minister Ranjith Siyambalapitiya said. Addressing a meeting in Ruwanwella, he said the committee appointed to carry out a high-level study to systematically remove restrictions on the import of vehicles is currently active. Due to the economic crisis in the country, import restrictions were im
The Fox Hill Super Cross 2024 racing event, held in Diyatalawa, turned tragic yesterday (21) as a race car veered off the track, resulting in the deaths of seven individuals, including an 8-year-old child, and leaving 21 others hospitalized with injuries. Police Media Spokesperson DIG Nihal Thalduwa stated that the accident occurred when the race car lost control and collided with a group of spectators. The injured were rushed to the D
Sri Lanka rejected last week international bondholders’ proposal to restructure more than $12 billion in debt, putting at risk critical International Monetary Fund support and delaying its efforts to resolve a two-year-long debt crisis
Passengers bound for Dubai are advised to check the status of their flights, given the volatile situation. Those whose flights are scheduled after the specified time will only be accepted for check-in at their departure points
Samagi Jana Balawegaya (SJB) Beliatta Organizer Druvin Pravin Atapattu joined UNP and obtained the membership from party Chairman Vajira Abeywardena. Atapattu is the son of late Dr.Ranjith Atapattu who was the Minister of Health in the cabinet of late President J. R. Jayewardene. Druvin Atapattu who was representing UNP in the Hambant
Sri Lankan trading culture does not allow people to enjoy benefits in terms of price reductions whenever the costs of inputs and logistics drop, Chief of Staff President’s Office Sagala Ratnayake said. “Fuel price
A group of Danish tourists were provided the opportunity to enjoy Sri Lankan new year dishes at Ahangama. Local dishes of red rice, fish and pickle and sweetmeats prepared specially for the New Year meal were served to them. It was followe
Possible delays in reaching an agreement (in principle) with private bondholders is unlikely to impact the disbursement of the third tranche under IMF’s US$ 3billion bailout package, given negotiations are moving ahead in good faith, Former Governor of Central Bank (CB) and renowned economist, Dr. Indrajit Coomaraswamy said.
A request by some MPs across the political divide for concessionary vehicle permits is likely to be shot down by the party leaders given the dire economic situation of the country, Daily Mirror learns. Samagi Jana Balawegaya (SJB) MP Eran Wickramaratne brought to the notice of the Business Committee last week that a letter is being signed by the MPs for such a request.
The respondent parties in the first application filed before Colombo Chief Magistrate’s Court under the newly enacted Online Safety Act, today raised objections challenging the maintainability of the application.
Sri Lanka is facing an imminent threat in its health sector with high chances of substandard medicines like human immunoglobulin entering the market in the near future, as the law enforcement body of the National Medicines Regulatory Authority (NMRA) has diminished to just a single officer since this week.
Mage Rata organization president Sanjaya Mahawatta yesterday, lodged a complaint with the Illegal Assets Investigations Division, calling for an inquiry into model Piumi Hansamali using the Range Rover vehicle previously used by former President Gotabaya Rajapaksa.
The Excise Department of Sri Lanka, one of the three main revenue generating arms of the country’s Ministry of Finance is struggling with a severe dearth of staff even to perform day-to-day duties, as the 17 top rung positions are vacant for months now, the Daily Mirror learns.
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
Niloufer Esufally-Anverally Makes a Stylish Comeback with the Launch of NLFR
Global Entrepreneurship Week 2024 kicks off across all 25 districts
Newly elected Jaffna MP pays tribute to Prabhakaran
Another court case against Arjuna Aloysius
Seeks police security