The International Institute of Theravada (IIT) a monastic institution for the education of Buddhist monks situated in Karuwalagaswewa has been established under a special parliamentary act that was presented to the House by former President Maithreepala Sirisena.
The Supreme Court has determined that some clauses of the Public Financial Management Bill are inconsistent with the Constitution and can be passed only by a special majority and through a referendum, Speaker Mahinda Yapa Abeywardena announced today.
While delivering a speech in Parliament today, President Ranil Wickremesinghe announced that an agreement was reached on June 26 with Sri Lanka’s official creditors about debt repayment, the President’s Media Division (PMD) said.
The officers of the Narcotics Control Bureau (NCB), Chennai Zone, have busted a drug trafficking network with the arrest of nine suspects, including three Sri Lankan nationals and seizure of ₹40-crore worth of methamphetamine in two different cases which were attempted to be smuggled to Sri Lanka
The release of 465 Sri Lankan military personnel who enlisted in the Russian army has hit a legal snag, prompting the Russian authorities to consider Sri Lanka’s request at a later stage along with requests from other foreign nationals fighting for Russia, an official said yesterday.
In a step closer to the introduction of Starlink satellite internet service in Sri Lanka, the Committee on Public Finance has approved Sri Lanka Telecommunications (Amendment) Bill subjected to amendments to ensure consumers are ensured the benefits from advanced telecommunication technology.
Amid the intensified government efforts to capitalise on trade liberalisation through new preferential agreements, international trade experts stress the need for structural changes in Sri Lanka’s production sector before pursuing new pacts.
Sri Lanka is upbeat about firming up talks with the bondholders, which will assist the island nation to come out of the ‘selective default’ status faster. President Ranil Wickremesinghe shared that finalisations can be reached as early as next week.
Starting July 1, Gevorg Sargsyan will serve the World Bank as Group Country Manager for Sri Lanka, a position that will unify country level leadership across the institution, to better support the island nation’s public and private sector priorities.
Three experienced players and former Sri Lanka national captains Dinesh Chandimal, Angelo Mathews and Dasun Shanaka combined to guide Kandy Falcons to record a comfortable six-wicket victory over Dambulla Sixers in the first match of the Lanka Premier League 2024 played at the Pallekele Stadium yesterday (1).
A total of eleven trains on the upcountry and coastal railway lines have derailed in the past month due to maintenance errors with the rail tracks, train engines, compartments and geological reasons, the Railways Department said.
The five-member Election Committee has suspended the voting rights of 13 affiliated members out of the 32-strong District Associations membership ahead of the Netball Federation of Sri Lanka (NFSL) 2024-2026 elections on July 25 in Colombo.
Sprinter Yupun Abeykoon’s hopes of obtaining direct qualification for the 2024 Paris Olympic Games were shattered when he pulled out of the Sri Lanka Athletic (SLA) Special Selection Trials held at the Mahinda Rajapaksa Sports Complex in Diyagama.
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
Sri Lanka drenched more this year
Govt. taking allegations against Adani seriously