UN renews human rights mandate on Sri Lanka; Sri Lanka rejects resolution
The United Nations Human Rights Council on October 9, 2024, adopted a resolution on the human rights situation in Sri Lanka, which on September 21 elected a …
U.S. Admiral to Visit Sri Lanka, Strengthening Bilateral Security Cooperation
The U.S. Embassy in Sri Lanka is pleased to announce that Admiral Steve Koehler, a 4-star U.S. Navy Admiral and Commander of U.S. Pacific Fleet, will visit Sri …
Ceylon Chamber and Sri Lanka Banks’ Association strengthen ongoing partnership
The Ceylon Chamber of Commerce and the Sri Lanka Banks’ Association (SLBA) signed a Memorandum of Understanding (MOU) to formalise and strengthen their …
Increases to VAT rates & removal of exemptions hurt poorest; PAYE & PIT highly progressive: IPS Economist
The Institute of Policy Studies of Sri Lanka (IPS) recently hosted a knowledge-sharing and networking event to mark the release of its annual flagship report, …
Political Risks to Sri Lanka’s Debt Restructuring Agreement Recede: Fitch Ratings
The Sri Lankan authorities’ confirmation that they endorse the targets set under the country’s IMF programme, and intend to implement debt restructuring …
Sri Lanka to scrutinize wind energy procurement practices post-elections, including Adani project
Cabinet Spokesman Minister Vijitha Herath says that the Sri Lankan government will review wind energy procurement practices including the project by India’s …
Sri Lanka to pursue BRICS membership at upcoming summit in Russia
Sri Lanka is set to pursue membership in the BRICS economic bloc at the upcoming summit in Kazan, Russia, scheduled from October 22 to 24, 2024, according to …
Sri Lanka smartphone market surges 218-pct in Q2 2024: IDC
Sri Lanka’s market shipped 365 thousand units, with 218% YoY growth, showing a triple-digit growth trend for 5 consecutive quarters, market intelligence …
Chinese People’s Liberation Army Navy Sail Training Warship ‘PO LANG’ arrives in Colombo
The Chinese People’s Liberation Army Navy Sail Training Warship ‘PO LANG’ arrived at the port of Colombo on a formal visit yesteday morning (08). The …
Mahindra Ideal Finance appoints Mufaddal Choonia as MD and CEO
Mahindra Ideal Finance Limited (MIFL), a subsidiary of Mahindra Finance has announced the appointment of Mufaddal Choonia as its new Managing Director & …
Sunshine Healthcare Lanka attracts USD 10Mn FDI from IFC
Sunshine Healthcare Lanka Limited (SHL), the healthcare arm of diversified conglomerate Sunshine Holdings PLC (CSE: SUN), announced the successful conclusion …
Sri Lanka Facilitates Repatriation of 56 Pakistani Prisoners
Sri Lanka has successfully facilitated the repatriation of 56 Pakistani prisoners who had been languishing in Sri Lankan jails for several years. The group, …
Sanath Jayasuriya appointed Sri Lanka’s full-time head coach
Sri Lanka Cricket (SLC) announced the appointment of Sanath Jayasuriya as the head coach of the national team. This decision was made by the Executive …
World Bank Signs Additional USD 200 Mn to Support Sri Lanka’s Economic Reforms
The World Bank and the Government of Sri Lanka today signed the Second Resilience, Stability, and Economic Turnaround (RESET) Development Policy Operation …
HIP sees 40-pct Increase in RORO transshipment between 2nd and 3rd Quarters
The Hambantota International Port (HIP) has marked a 40 percent increase in RORO vehicles handled between the 2nd and 3rd quarters of 2024. From 125,526 units …
Successful IMF and OCC Agreement Paves Way for Debt Relief: Ceylon Chamber Welcomes Progress
The Ceylon Chamber of Commerce commends the Government of Sri Lanka on the successful completion of consultations with the Official Creditor Committee (OCC) …
Sri Lanka’s Finance Ministry announces successful completion of OCC & IMF consultation process
Sri Lanka's government announced that, following the Agreement in Principle reached with representatives of its international and local holders of …
Jaishankar highlights India’s commitment to assisting in tourism, energy services & dairy industry
Indian External Affairs Minister, Dr. S. Jaishankar, who arrived in Sri Lanka this morning (04) on a one-day official visit, met with President Anura Kumara …
End-of-Mission Statement: IMF Team to Continue Engagement with SL’s Economic Team for Third Review
An International Monetary Fund (IMF) team, led by Mr. Krishna Srinivasan, Director for the Asia Pacific Department, visited Colombo from October 2-4, 2024. …
First Multistakeholder Initiative on Child Rights in Tourism Launched in Sri Lanka
On World Tourism Day, representatives from leading hotel businesses, tourism associations, NGOs, and government departments convened in Colombo to officially …