Sri Lankans will go to the polls today to elect the ninth Executive President of Sri Lanka to run the country for a period of five years. The presidential poll holds significance this time since it is the first election to be conducted after the country went through its worst-ever economic crisis since 2022.
Panic buying was reported at Manning Market in Peliyagoda today during the eve of the presidential poll 2024 with people hurriedly buying stuff such as vegetables sufficient enough in anticipation of disruption to normalcy in the post-election period.
In reference to Sri Lanka agreeing in principle on the restructuring of commercial debts (ISB), Chairman of Advocata Institute Murtaza Jafferjee said it was a game changer on the path to debt sustainability.
National Executive Committee member of the People’s Struggle Alliance, Wasantha Mudalige today filed a Fundamental Rights petition before the Supreme Court seeking an order preventing the authorities from entering into any agreement relating to the restructuring of public debts.
Sri Lanka Podujana Peramuna (SLPP) sacked three of its members- Pavithra Wanniarachchi, S.M. Chandrasena and Rohitha Abeygunawardane - from all their positions for defying the party’s stand at the presidential election and supporting President Ranil Wickremesinghe.
The scrutiny of answer scripts for the 2024 Grade 5 Scholarship Examination has been suspended due to the ongoing investigations into the leak of the first paper in Anuradhapura, Education Ministry Secretary J.M. Thilaka Jayasundara said.
The Commonwealth Election Monitoring delegation, led by former President of Seychelles, Danny Faure, met President Ranil Wickremesinghe at the Presidential Secretariat this morning, the President’s Media Division (PMD) said.
Israeli warplanes carried out late on Thursday their most intense strikes on southern Lebanon in nearly a year of war, heightening the conflict between Israel and Lebanese armed group Hezbollah amid calls for restraint.
Sri Lanka overcame yet another major obstacle in its attempt to get out of bankruptcy status with the government reaching agreement in principle with the ad hoc group of bond holders, China Development Bank and the Local Consortium of Sri Lanka (LCSL), an informed source said.
The Purchasing Managers’ Index (PMI) for both manufacturing and services activities came in stronger in August signalling that the economy continues to do well, and the prospects remain positive for the future.
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