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Sri Lanka bondholders sent $12 billion debt rework proposal to government – report
Sri Lanka’s private creditors have sent a proposal on how to restructure $12 billion of overseas debt, including a new type of bond designed to ease repayments in case of future economic pressure, said two sources with direct knowledge of…
Special notice for Grade 5 Scholarship exam candidates in flood-hit Matara
Matara District Disaster Management Unit has made a special announcement to the students in Matara who are expecting to sit for the upcoming Grade 5 Scholarship Examination.
Accordingly, the Disaster Management Unit has requested the…
Court orders 16 state universities to submit report on ragging incidents
The Supreme Court has ordered 16 government universities across the island to submit a report pertaining to the incidents of ragging reported at the respective institutions over the last three years and the measures taken to prevent them,…
Sustained reforms critical for lasting recovery in Sri Lanka’s economy – IMF
The International Monetary Fund (IMF) says despite the early signs of stabilization, Sri Lanka’s full economic recovery is not yet assured.
Daniel Leigh, IMF Research Department’s Division Chief made this remark during the press briefing…
Australia and Sri Lanka renew agreement on sports cooperation
Australia’s Assistant Minister for Foreign Affairs, Tim Watts on Wednsday (Oct. 10) signed the renewed Memorandum of Understanding (MoU) on Cooperation in Sports between Sri Lanka and Australia, together with Sri Lanka’s Minister of Sports…
China assures continued support to ease Sri Lanka’s debt burden
China has assured that it remains ready to work together with all relevant international financial institutions to jointly play a positive role in helping Sri Lanka ease its debt burden and achieve sustainable development.
Speaking…
President invites private sector to make Sri Lanka’s economy more sustainable and tech-driven
President Ranil Wickremesinghe, during the inauguration of the National Information Technology and Business Process Management Professional (IT & BPM) Exhibition at Sirimavo Bandaranaike Hall today (11 Oct.), opened the doors for active…
India’s Gujarat to chart out ‘milky’ way for crisis-hit Sri Lanka
The beleaguered dairy sector of Sri Lanka, which is facing its worst-ever economic crisis, will finally get back its ‘say cheese’ moments with Indian dairy majors set to usher in a transformation in the island nation.
And, the revival…
Galle Dialogue International Maritime Conference to begin in Galle tomorrow
The 11th edition of the Galle Dialogue International Maritime Conference, organized by the Sri Lanka Navy in partnership with the Ministry of Defence and Geopolitical Cartographer (GC), is scheduled to commence on 12th October 2023, at the…
Japan hands over grant to Sri Lanka through WFP for critical initiatives
The official transfer of grants from Japan to Sri Lanka through the United Nations World Food Program (WFP) for various critical initiatives took place on Tuesday (Oct. 10) at the Presidential Secretariat.
Mr. Komura Masahiro, the Deputy…