Republican Congressman Steve Scalise has dropped out of the race to become Speaker of the House just a day after his party nominated him.
The Cabinet yesterday discussed at length the evacuation of Sri Lankan workers from Israel if an emergency arises due to the ongoing conflict between Israel and Hamas, according to informed sources.
Mannar in north-western Sri Lanka and Madurai in southern India have been identified as the connecting points of the proposed electricity transmission line between the two countries, a source familiar with the process said.
The Government says that it has reached an agreement on the key principles and indicative terms of a debt treatment with the Export-Import Bank of China (“China Exim Bank”).
It has been identified that more than 300 trees, located within the Colombo Municipal Council areas pose a potential threat to the people and properties and a special committee has been appointed to look into the matter and remove the threats immediately, a minister said.
The Ceylon Chamber of Commerce, together with industry stakeholders, yesterday stressed the vital importance of implementing a Digital ID system to propel the transformation of the Sri Lankan economy.
The first Deputy Managing Director of the International Monetary Fund has assured the IMF’s fullest cooperation for Sri Lanka’s efforts to restore debt sustainability.
Israel was warned by Egypt of potential violence three days before Hamas' deadly cross-border raid, a US congressional panel chairman has said.
Sri Lanka's political circle has gone into a quandary after information has spread that moves are underway to abolish the executive presidency before the Presidential Election next year as no candidate or political party will be able to secure an over 50 percent win at the polls.
In the wake of irregularities and complaints of haressing poor creditors, the government is to regulate 15,000 microfinance institutions that are illegally operating in the country.
Ports, Shipping and Aviation Minister Nimal Siripala de Silva said the Government has enlisted the expertise of an international consultant, who will bring valuable insights and best practices to guide the restructuring efforts of the national carrier, SriLankan Airlines.
The Supreme Court has been directed that university hostels be checked at night to prevent incidents of ragging in hostels, Higher Education State Minister Suren Raghavan said.
Presidential Chief of Staff and Security Advisor to President Sagala Ratnayaka yesterday emphasized the need for fostering shared interests in the Indian Ocean region, sparking international interest and support for regional cooperation.