A 100-metre distance of the Rajagiriya Road will be closed till July 04 due to a pipe-laying activity for the Ambatale water supply project, the National Water Supply and Drainage Board (NWSDB) said.

The Ceylon Petroleum Corporation (Ceypetco) has revised fuel prices effective from midnight on Friday (June 30).

Highlights proposed DDO’s limited scope in addressing fragile state of country’s budgetary situation

The Ceylon Electricity Board (CEB) said has settled all its payment arrears that were due to rooftop solar panel customers up to April 30.

The government of Sri Lanka has mandated a five-day bank holiday to prevent people rushing to banks to withdraw money as officials implement a debt restructuring plan.

The Central Bank on Wednesday presented possible domestic debt restructuring scenarios to the Cabinet of Ministers, which indicated that restructuring/optimization will apply only to Treasury bills held by the Central Bank and the bonds held by superannuation funds.

Air China will resume their Colombo flights after a lapse of 18 months (due to C-19) from July 3, 2023.The airline would operate three weekly flights to Colombo from Chengdu operating every Monday, Wednesday and Friday.

• Minister of Foreign Affairs Ali Sabry expressed frustration about the amount of time it took Sri Lanka to receive help after it defaulted on its debt in May 2022
  
• He was speaking at World Economic Forum on Wednesday, with economists calling for China to play a more prominent role in the global financial system

Banks have disproportionately cut deposit rates since the announcement of 250 basis points cut in policy rates