Child at Japanese school dies after stabbing in China
A 10-year-old student at a Japanese school in southern China has died one day after he was stabbed.
Second wave of Lebanon device explosions kills 20 and wounds 450
At least 20 people have been killed and more than 450 wounded by a second wave of explosions from wireless communication devices in Lebanon, the country’s health ministry says.
BOI to attract strategic investments in key sectors to drive economic recovery
editor
The Board of Investments of Sri Lanka successfully hosted an investor roundtable titled “Supporting Sri Lanka’s Recovery through Resource Commitment” at the Ministry of Investment Promotion, Colombo recently
Pakistan and Sri Lanka have yet to operationalise a bilateral dispute resolution body, nearly two decades after signing a treaty, leaving trade disputes unresolved. This could potentially harm Pakistan’s exports to the island nation.
IMF representatives are scheduled to visit Sri Lanka in two weeks to disburse the next instalment of funds, as outlined in the agreement between the Sri Lankan government and the International Monetary Fund, official sources confirmed.
Manufacturing and services sectors expansion slows in August
The expansion of the manufacturing and services sectors slowed in August in comparison to July as per the Purchasing Managers Index (PMI).
Sri Lanka pavilion shines at 70th Bangkok Gems and Jewellery Fair
The Embassy and Permanent Mission of Sri Lanka inaugurated the Sri Lanka Pavilion at the prestigious 70th Bangkok Gems and Jewellery Fair on 9 September.
Crucial discussion between the Government and ISB holders begins today
A crucial discussion between the Government and International Sovereign Bondholders will take place today after which Sri Lanka is expected to receive international support once the country’s bankruptcy is fully resolved. Finance ministry sources confirmed.
Tupperware in fight to survive after bankruptcy filing
US brand Tupperware has filed for bankruptcy as it struggles to survive in the face of sliding sales.
Supermoon and lunar eclipse delight stargazers
A supermoon has lit up the sky across the world coinciding with a rare partial lunar eclipse.
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LOLC Divi Saviya has successfully completed Phase 03 of its education initiative, impacting 4,100 schools across Sri Lanka.
Straying from IMF debt plan could delay bailout: Finance Ministry
editor
The Finance Ministry has issued a strong warning about the significant risks associated with challenging the country’s current debt sustainability assessment (DSA). Such actions could endanger Sri Lanka’s ongoing International Monetary Fund (IMF) bailout programme, potentially delaying vital financial support for months or even years.
President inaugurates vehicle assembly plant in Kuliyapitiya
President Ranil Wickremesinghe inaugurated a new vehicle assembly plant, the Western Automobile Assembly Private Limited (WAA), in Kuliyapitiya today.
The government has approved two local and foreign joint ventures to establish casinos, out of 10 applications submitted to the Ministry of Finance as part of the country’s efforts to boost the gaming industry, according to the Board of Investment (BOI).