Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022 while the country still faces elevated poverty levels, income inequality, and labor market concerns, said the World Bank’s latest bi-annual update.
The Attorney General’s Department has implemented the action recommended by the Presidential Commission which probed the Easter Sunday attacks while it is up to other institutions to act, Minister of Justice Wijedasa Rajapakshe told Parliament today.
On the heels of the massive raid conducted on ’Spas’ in the Negombo area resulting in the detection of two HIV cases, illegal spas and Ayurvedic spas that secretly offer prostitution services are facing imminent closure in many parts of the island, Daily Mirror learns.
Opposition MPs Mano Ganesan and Kavinda Jayawardene today called for the immediate arrest of former President Maithripala Sirisena and to interrogate him regarding the remark he made on Friday, stating that he is aware of the mastermind behind the Easter Sunday attacks.
Owing to President Ranil Wickremesinghe’s economic initiatives and the peaceful environment fostered within the country, the arrival of foreign tourists has risen, Airport and Aviation Services (Sri Lanka) Ltd. Chairman Athula Galkatiya said.
Refuting allegations of faulty auspicious times during the Sinhala and Tamil New Year, the State Astrologers’ Committee justified the designation of auspicious times for performing Sinhala New Year rituals at night, claiming that they wanted the most suitable time for the rituals despite practical difficulties.
The Ministry of Foreign Affairs said it is in communication with the family members in Sri Lanka of the six Sri Lankans who were murdered in Ottawa, Canada and is facilitating their requests with the relevant Canadian authorities through the Sri Lankan High Commission while respecting their privacy.
The National People’s Power (NPP) said it would not derail the IMF programme if it won the presidency but would renegotiate its terms and conditions on implementations since the current austerity measures had burdened people and the attempts of the government to sell off public assets would bring severe economic consequences to the country.
The deadline for calling bids for the restructuring of SriLankan Airlines has been extended by 45 days and it will come to effect from today, Ports, Shipping and Aviation Minister Nimal Siripala de Silva said.
A potential delay in securing an agreement-in-principle (AIP) with Sri Lanka’s private bondholders is unlikely to impact the second review of the International Monetary Fund (IMF) programme, former Central Bank Governor Dr. Indrajit Coomaraswamy said.
The pressure exerted by parents on their children during primary education from Grades 1to 5 should be stopped and the necessary environment will be prepared to reduce its competitiveness, Education Minister Susil Premajayantha said.
Wildlife and Nature Protection Society (WNPS) vowed stern legal action against the Adani-sponsored wind power project in Mannar if the proposed environmental concerns on the EIA is not heeded by the Central Environment Authority (CEA), saying over one million birds will be affected annually if the project came into being.
Following the Daily Mirror’s expose on Russian tourists engaging in illegal businesses in several areas in the south, it has now come to light that many Israeli and Ukrainian tourists are also engaged in running similar businesses in the south, hampering local businesses and causing much concern among industry stakeholders.
Following the initiative with the French government to detect oil spills in Sri Lankan waters using satellite surveillance, Sri Lanka has detected the first such incident and fined Rs.15 million to the responsible company, the Marine Environment Protection Authority (MEPA) said.
KPMG’s forensic audit into discrepancies at Ceylon Petroleum Corporation (CPC) and Ceylon Petroleum Storage Terminals (CPSTL) has revealed substantial losses attributed to alterations and deletions in SAP data related to stock holdings.
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