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Sri Lanka has not met 30% of its due commitments to the IMF programme by the end of April 2024, which translates to a total of 19 unfulfilled obligations, according to a report by Verité Research.

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S. Assistant Secretary of State for South and Central Asian Affairs, Donald Lu says it is important that Sri Lanka must have a functional truth and reconciliation program in place.

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Several senior members of the Executive Committee of the Bar Association have sought an explanation as regards a study undertaken by a five-member group, including two President’s Counsels, on behalf of JICA, allegedly without following proper procedure.

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United States’ Assistant Secretary of State for South and Central Asian Affairs, Donald Lu, called on President Ranil Wickremesinghe last night (13) at the Presidential Secretariat in Colombo.yesterday

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Sri Lanka is now enduring a legislative transformation by introducing a series of new laws and amending prevailing ones taken into account on past experiences for future actions and performances, Finance Ministry sources acknowledged.

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Central Bank Governor Nandalal Weerasinghe has given a loud and clear message to the nation emphasising the need of sustaining the stability achieved through decisive policy adjustments and structural reforms in the short term following the economic downturn in 2022.

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Indu Sky Aviation Ltd. has failed in multiple attempts to legally restrain Air India from transferring their General Sales Agency (GSA) to a third party, upon the expiration of the GSA with Indu Sky.

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In a significant development the Central Bank has cleared the Colombo Port City Banking and Financial Services Regulations that will be applicable to Colombo Port City.

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State Minister for Technology, Kanaka Herath, announced that the amended bill to amend the Telecommunications Regulatory Act after 28 years will be presented to the Parliament today (10).

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Officers attached to the Narcotics Control Unit of Sri Lanka Customs have arrested a passenger at the Bandaranaike International Airport (BIA) in Katunayake with ‘Gold Gel’ weighing nearly 2 kilograms and estimated to be worth around Rs. 40 million.

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