President Ranil Wickremesinghe, in his televised address to the nation, said International confidence in the country is reaffirmed as bilateral creditors have reached an agreement serving as a kind of international endorsement.
The UK Proscribed Organisations Appeals Commission (POAC) ruled to uphold the proscription of the Liberation Tigers of Tamil Eelam (LTTE), rejecting an appeal to remove the group from the list of banned organizations under the Terrorism Act 2000.
With the prospect of elections in Sri Lanka, visiting Indian External Affairs Minister Dr. S. Jaishankar reportedly said in his meetings here that it is important that India-funded projects such as renewable energy projects are not derailed by any incoming government.
Founder of Sri Lanka Podujana Peramuna (SLPP) Basil Rajapaksa is reported to have told his party’s breakaway group at a meeting even attended by President Ranil Wickremesinghe that the Rajapaksas were not ready to cow down to any pressure.
Chemical and physical parameters of recent water samples collected from the sea close to the MV X-Press Pearl disaster site have changed, triggering concerns whether it is a direct result of the incident, a top official said yesterday.
Against the backdrop of some politicians announcing polling day of the presidential election, the Election Commission’s Chairman R.L.A.M. Rathnayake said that it is the sole discretion of his office in terms of the Constitution and therefore others should refrain from making remarks.
The International Monetary Fund (IMF), in its latest report on Sri Lanka has proposed an imputed rental income tax from owner-occupied and vacant residential property to be introduced by April 1, 2025, with an exemption threshold and a graduated tax rate schedule.
In the wake of recent sentiments expressed by the Government Medical Officers’ Association (GMOA), the Health Ministry and the National Medicines Regulatory Authority (NMRA) are keen to address concerns over the influx of substandard beauty products and cosmetics that lack proper regulation.
On June 12, the IMF board will approve Sri Lanka’s third disbursement under the current program. However, Sri Lanka is still falling short on the governance improvements that are foundational for its economic recovery.
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