Depth of crisis affirms SL needs new economic development model: WB
As the economic collapse and political instability have devastated the lives and livelihood of the people of Sri Lanka, the island nation is in dire need of a new development model, the World Bank (WB) said.
China tells IMF willing to take constructive part in debt talks
Premier Li Keqiang told the head of the International Monetary Fund that China is open to participating in multilateral efforts to help heavily indebted nations “in a constructive manner,” China Central Television reported.
Two-day debate pertaining to LG polls next week
Leaders of political parties representing Parliament has decided to have a two-day debate on the situation pertaining to the local government elections in the House next week, Parliament media unit said.
Identify those evading tax payment by failing to disclose their income: Minister
Finance State Minister Ranjith Siambalapitiya today informed the Inland Revenue Department Commissioner General to take immediate action to identify persons engaged in certain professions who have evaded payment of tax without showing their income.
Final agreement with IMF to be signed in March
Sri Lankan government will sign the final agreement with IMF on the latter's bailout package for the country next month after which assistance would come from multinational donors and a few countries, two presidential advisors said yesterday.
Iran investigating poisoning of 650 schoolgirls
At least 650 girls have been poisoned by toxic gas in Iran since November, in what many believe is a deliberate attempt to force their schools to shut.
government expects rice prices to fall following SSCL removal
The government expects a considerable fall in rice prices following the removal of the Social Security Contribution Levy (SSCL) imposed on the purchasing of paddy, production of rice and marketing.
Rupee appreciates after almost a year into free float
Sri Lankan rupee appreciated yesterday on improved sentiments over the current and future foreign exchange
SL to have nuclear power plant soon: Atomic Energy Board Chairman
The Cabinet approved signing the international conventions relating to generating electricity using nuclear power as it was a reliable, low-carbon base load source of electricity to complement renewable energy sources in the future, Sri Lanka Atomic Energy Board (SLARB) Chairman Professor S.R. D. Rosa said.
Countrywide trade union action to kick off tomorrow against govt.
A number of professional trade unions from the essential services sector, including power, petroleum, water, ports, teachers, university lecturers, and banks, assured that they will engage in a countrywide one-day strike tomorrow, Trade Union Alliance Convener Ranjan Jayalal said.
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AKD refuses allegations on election campaign cost; says never spent lavishly
Responding to allegations that the National People's Power (NPP) was spending colossal amounts of money for the election campaign, NPP leader Anura Kumara Dissanayake said today they never spent lavishly on the election campaign like other parties.
Opposition MPs call for resolution to allocate funds for LG polls
A group of Opposition members including Opposition Leader Sajith Premadasa, Dallas Alahaperuma, Professor G. L. Peiris and Dilan Perera who had met the Speaker today had proposed that Parliament should immediately allocate funds for the local government elections through a special resolution.
Parliament should allocate funds for LG polls through a special resolution
A group of Opposition members including Leader of Opposition Sajith Premadasa, Dullas Alahapperuma, Professor G. L. Peiris and Dilan Perera who had met the Speaker today had proposed that Parliament should immediately allocate funds for the local government elections through a special resolution.
Air quality in Jaffna, Kurunegala, Kandy, Hambantota turns unhealthy
The Emergency Operation Center of the Disaster Management Center (DMC) today announced that the air quality index (AQI) level concerning PM2.5 indicates an unhealthy level for sensitive groups at Jaffna, Kurunegala, Kandy, and Hambantota and a moderate level in other cities.