Sri Lanka among ‘3 Must-Visit Travel Destinations for summer 2024’
Sri Lanka has been recognised as one of the ‘3 Must — Visit Travel Destinations for summer 2024’ by a specialist contributor to the prestigious Forbes magazine.
Sri Lanka’s future economic and political stability determinants unveil this week
editor
By Rohana Jith
Five including Chief Inspector arrested for allegedly digging for gold in Kilinochchi
Five individuals, including a Chief Inspector of Police, suspected of illegally digging for gold believed to have been buried by the LTTE in Kilinochchi, were arrested in Ramanadapuram.
At least 13 injured as bus carrying students, parents topples into canal
At least thirteen persons, including school children, were injured and hospitalized after a bus transporting a group of students and parents toppled into a canal in Warakapola town this morning (9).
Finance State Minister Ranjith Siyambalapitiya said today that he will not present a budget proposal for 2025 and that only an interim standard account will be presented instead.
Sri Lanka elected to United Nations Economic and Social Council
Sri Lanka has been elected by the United Nations General Assembly (UNGA) to the United Nations Economic and Social Council (ECOSOC) at the elections held in New York, for a three-year term commencing on 01 January 2025.
Tourist arrivals exceed 900,000 fuelling optimism of meetung year-end targets.
editor
Sri Lanka Tourism surpassed the milestone of 900,000 tourist arrivals, fuelling optimism within the industry to meet year-end targets.
SriLankan Airlines divestiture moves to next stage; bids from 3 firms
The long delayed SriLankan Airlines divestiture is nearing the tender process of selecting a prospective acquirer with the bid submission deadline extended to August from May this year, the Aviation Ministry confirmed.
Many barriers to climate funding in Sri Lanka
The slowness in Sri Lanka’s debt restructuring process and its country rating are seen as barriers to attracting foreign funding – especially for climate action.
PickMe, Sri Lanka’s premier ride-hailing platform, has collaborated with PhonePe, India’s leading fintech company, to enable seamless UPI-based QR payments for Indian travellers in Sri Lanka.
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IMF strongly expects Sri Lanka’s agreements with external creditors soon -
editor
The International Monetary Fund (IMF) says there is a strong expectation that Sri Lanka will soon reach agreements with external commercial creditors consistent with program parameters.
Two state banks to undergo specific reforms with new business models
editor
Bank of Ceylon and People’s Bank are to undergo specific reforms with new business models and capital adequacy for the two state banks, the Finance Ministry announced this week.
The Government has initiated preliminary action to regularise the samurdhi banking system by taking a cabinet decision to bring samurdhi community-based banks and community-based banking societies under a state audit.
Mystery of the missing 5000 state vehicles
The Auditor General’s office has underscored the need to find over 5000 state-owned vehicles missing from the relevant automobile fleets of state institutions and worth millions of rupees during the past few years.