The World Bank has ruled out bridging finance or new loan commitments to crisis-hit Sri Lanka until the nation’s economy sets up an adequate macroeconomic policy...
The Committee of Public Accounts (COPA) has disclosed that Rs. 6,259 million worth of drugs faced a quality failure from 2011 to 2020 due to improper...
By Hiran H. Senewiratne The prevailing Balance of Payments (BoP) crisis could lead to a major social crisis as the available foreign reserves were only sufficient...
By Ifham Nizam Scientists have rediscovered Sri Lankan Clubtail (Anisogomphus ceylonicus), one of the rarest species of dragonflies in the country. The team that made the discovery...
Chairman of Sri Lanka Tourism, Kimarli Fernando yesterday told The Island that she had resigned from her post at the request of newly appointed Tourism Minister...
By Ifham Nizam Plans were afoot to revise the price of kerosene by providing financial assistance to those who needed relief, Power and Energy Minister Kanchana...
Former Foreign Secretary Admiral (retd) Jayanath Colombage says that he requested the government that he shouldn’t be considered for re-appointment following the dissolution of the Cabinet...
By Rathindra Kuruwita The Cabinet had introduced a fuel pricing formula, Minister of Power and Energy, Kanchana Wijesekera said, addressing the post-Cabinet Press Conference. Wijesekera said...
Sri Lanka’s Ambassador to Tokyo Sanjiv Gunasekara had resigned, well informed sources said. The Ambassador’s letter of resignation has been sent to the Foreign Ministry from...
Sri Lanka had hired two international financial and legal advisors to help restructure Sri Lanka’s external debt, Cabinet Spokesperson Minister Bandula Gunawardane told the media on...