IMF team to provide tech assistance for SL to tackle fiscal issues
In response to a government request, a capacity development mission from the International Monetary Fund (IMF) is set to provide technical assistance on fiscal issues in Sri Lanka.
Sri Lanka approves lifting some limits on rupee conversion
Sri Lanka has approved gradually lifting some limits on converting rupees to foreign exchange for outward remittances and the new directions will be presented to parliament for approval, cabinet spokesperson Bandula Gunawardane said on Tuesday.
Japan to assist in stabilizing power supply of Sri Lankan hospitals
The Government of Japan has agreed to provide project support of Japanese Yen 230 million (around Rs. 2.8 billion) through the Japan International Cooperation Agency (JICA) for the provision of electricity facilities for 3 hospitals.
Motion filed against NPP’s registration as a political party
A motion was filed before the Supreme Court today (Feb.06) challenging the registration of the National People’s Power (NPP) by the Election Commission.
Chile wildfires: Hundreds missing as thousands of homes burn
Hundreds of people are missing as wildfires continue to raze homes in Chile's Valparaíso region.
Sebastián Piñera: Former president of Chile dies in helicopter crash
Chilean ex-President Sebastián Piñera, who served two terms and was also a billionaire businessman, has died in a helicopter crash at the age of 74.
Drone attack kills six Kurdish-led fighters at US base in east Syria
A drone attack on the largest US military base in Syria has killed at least six allied Kurdish-led fighters.
Lysychansk: Dozens killed in strike on Russia-held Ukraine city
Russia has said at least 28 people died in a strike on a bakery in the Russian-occupied eastern Ukrainian town of Lysychansk.
Digital transformation game changer for development
Sri Lanka is now on its way towards digital transformation via organisational overhauling driven by technology to enter onto the global stage, Technology Minister Kanaka Herath said.
Sri Lanka and Thailand eye visa free travel
Sri Lanka and Thailand are considering visa free travel to strengthen economic links between the two countries President Ranil Wickremesinghe said, after signing a free trade with the South East Asian nation.
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Trinco Oil Tank Farm open for investment
The Ministry of Power and Energy will call for Expressions of Interest (EOIs) internationally from interested strategic investors for the joint development of the Trincomalee Oil Tank Farm in partnership with the Trinco Petroleum Terminal Ltd. (TPTL).
Acting IGP’s service extension hangs on the balance
The Police Department is awaiting President Ranil Wickremesinghe’s decision on the term of Acting Inspector General of Police (IGP) Deshabandu Tennakoon.
Downside outlook remains for construction in next three months
The construction industry’s outlook for the next three months is on the downside with the lack of upcoming projects and the impact of tax revisions on price levels, as per the sector’s Purchasing Managers Index.
Govt., WB sign agreement for US$ 150 m financing to strengthen financial sector
The Government of Sri Lanka (GOSL) and the World Bank have signed an agreement for $ 150 million in financing for Sri Lanka to strengthen the resilience of the financial sector through the Financial Sector Safety Net Strengthening Project (FSSNP).