Sri Lanka disagrees with any debt relief proposal from bondholders: CB Chief
Sri Lanka will not agree with any debt relief proposal from bondholders that is not consistent with the debt sustainability (DSA) targets of the International Monetary Fund (IMF), Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe said.
Govt. to establish Investment Infrastructure Facilities Corporation
The Government has decided to establish a new statutory body, the Investment Infrastructure Facilities Corporation.
Lowitja O'Donoghue: Indigenous leader who changed Australia dies aged 91
One of Australia's most revered Aboriginal leaders Lowitja O'Donoghue has died, aged 91.
El Salvador's President Bukele claims election victory
President Nayib Bukele of El Salvador - who is credited with cracking down on gangs in the central American nation - says he has been re-elected.
Anura Kumara to leave for India tomorrow on official invitation
A group led by NPP leader Anura Kumara Dissanayake is to leave for India tomorrow on an official invitation by the Indian government, party sources said.
Indian submarine ’Karanj’ arrives in Colombo
INS 'Karanj' – a submarine of the Indian Navy arrived at the port of Colombo today (03 February) on a formal visit. The visiting submarine was welcomed by the Sri Lanka Navy in precision of naval traditions.
International A2P SMS digital Centre to tackle spam SMS
Sri Lanka’s recent spate of spam texts send by scammers making excessive use of short message system or SMS for fraud, and illegal activities has pressed the government to take precautionary measures promptly, Ministry of Technology sources stated.
CB expects the finalisation of debt restructuring process by June 2024
The Government has gained momentous progress on the debt restructuring process with the successful completion of the Domestic Debt Optimisation (DDO) which is expected to extend the maturity of domestic debt and reduce the stress on government finances, Central Bank Governor Nandalal Weerasinghe said .
US elections: Biden set to win South Carolina Democratic primary
US President Joe Biden will win South Carolina's Democratic primary, the BBC's US partner CBS has projected.
Hage Geingob: Namibia's president dies aged 82
Namibia's President Hage Geingob has died while receiving medical treatment at a hospital in the capital, Windhoek.
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FTA with Thailand to bring range of goods to Sri Lanka
The Free Trade Agreement (FTA), which is expected to be signed between Thailand and Sri Lanka this week, will benefit Thailand's exports of automotive parts, textiles, electrical appliances, machinery, steel products, paper, processed food and animal feed, Thai media reported.
Thailand and Sri Lanka will sign a free trade agreement (FTA) this week during Prime Minister Srettha Thavisin's trip to tSri Lanka, said spokesman Chai Watcharonke.
Mr Srettha has been invited by Sri Lankan Premier Ranil Wickremesinghe as a guest of honour for Sri Lanka's Independence Day celebrations from tomorrow until Sunday.
The upcoming FTA will be Thailand's 15th contract of its kind and the first since Mr Srettha took the premiership last year, the Bangkok Post reported.
The contract aims to bring Thai goods to new markets in South Asia by accelerating the opening of gateways for trade and investment.
US backs expansion of Sri Lanka’s ports sector
The Colombo Plan, with funding from the US Embassy, on Wednesday launched a three-year program to enhance the technical expertise of Sri Lanka Ports Authority staff and advance “smart” port operations at the Port of Colombo.
Govt. to establish Investment Infrastructure Facilities Corporation
The Government has decided to establish a new statutory body, the Investment Infrastructure Facilities Corporation.
Sri Lanka explores granite export amidst low domestic demand
Sri Lanka is set to export of granite stocks immediately, paving the way for a potential economic boost with the approval of the cabinet of ministers.