US grounds entire Osprey fleet after fatal crash in Japan
The US has grounded its entire fleet of V-22 Osprey helicopters after a report said a crash off the coast of Japan last week, which killed eight crewmembers, was due to a malfunction.
Sri Lanka to receive about $600mn ADB funding post-IMF approval
Sri Lanka will get about $600 million, on a staggered basis, from the Asian Development Bank (ADB) after the International Monetary Fund (IMF) releases the second tranche of a $2.9 billion bailout for the crisis-hit country, an official said on Tuesday.
Sri Lanka to receive about $600mn ADB funding post-IMF approval
Sri Lanka will get about $600 million, on a staggered basis, from the Asian Development Bank (ADB) after the International Monetary Fund (IMF) releases the second tranche of a $2.9 billion bailout for the crisis-hit country, an official said on Tuesday.
SLAF inducts two Harbin Y-12 IV aircraft from China
In a momentous ceremony held today (Dec.05), the Sri Lanka Air Force (SLAF) marked a significant chapter in the history with the ceremonial induction of two Harbin Y-12 IV aircraft at SLAF Base in Ratmalana.
Sri Lanka Parliament to be prorogued in January?
President Ranil Wickremesinghe is reported to be mulling prorogation of Parliament by the middle of January, next year.
BOI moves to online people hiring and onboarding
The Board of Investment of Sri Lanka (BOI) has introduced an online web portal to manage the recruitment process within the BOI.
Drive carefully on upcountry roads, warns Nuwara Eliya DMC
Nuwara Eliya District Disaster Management Centre has warned drivers to be cautious of possible dangers when motoring along upcountry roads due to the prevailing heavy rainfall.
January-September budget deficit widens despite increased tax revenues
- Deficit in the overall budget widens to Rs.1,613.58bn in the nine months from Rs.1,244.41bn YoY
- Tax revenue up over 50% to Rs.1934bn amid upward revisions to tax rates and introduction of new taxes
- However, total expenditure up by 38.5% to Rs. 3,732.33bn with recurrent expenditure surging 44.7% to Rs.3,327.68bn
- Primary balances records a surplus of Rs.123.7bn compared to a deficit of Rs.317.04bn
Doctors neglect work at prisons
It has come to light that doctors assigned to prison hospitals in Sri Lanka neglected their duties in 2022, working significantly fewer hours than mandated by the Ministry of Health.
Cyclone Michaung: Heavy rains batter India's southern coast
Heavy rains and strong winds from a severe cyclonic storm have been battering India's southern coast with reports that several people have died.
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Suspect held in killings of three Los Angeles homeless men
Los Angeles police have arrested a suspect in the fatal shootings last month of three homeless men, whose deaths shocked the city.
Sri Lanka’s exports dropped by 14.6% in October
Sri Lanka’s merchandise exports have decreased by 14.6 % to USD 898.0 million in October 2023 compared to October 2022 as per the provisional data released by the Sri Lanka Customs.
Colombo East Container Terminal to be completed by mid next year
The construction of the East Container Terminal (ECT) of the Colombo port which is currently in progress is to be completed by mid next year to commence operations.
SL Convention Bureau launches 3-year road map for MICE tourism
The first-ever MICE tourism road map, outlining a visionary three-year plan for 2024- 2026 was unveiled by the Sri Lanka Convention Bureau (SLCB) on 15 November.