The Treasury will absorb $ 512 million of debt owed by SriLankan Airlines, in a bid to make the national carrier more attractive to prospective investors.

The Cabinet of Ministers approved the establishment of the Land Management Trust to address various challenges and inconsistencies surrounding the utilisation of Government lands across the country.

Peru's Prime Minister Alberto Otárola has resigned over allegations he attempted to use his influence to help a woman gain lucrative government contracts.

Venezuela has announced it will hold presidential elections on 28 July - months earlier than expected.

Thousands of Indian farmers are trying to march once again to the capital Delhi to demand minimum price guarantees for their crops

British High Commissioner Andrew Patrick emphasized the need for the main three parties, if not all the major parties, to recognize the agreement with the International Monetary Fund (IMF).

British High Commissioner Andrew Patrick emphasized the need for the main three parties, if not all the major parties, to recognize the agreement with the International Monetary Fund (IMF).

The merchandise export performance in January 2024 amounted to US$ 970.7 million, recorded a 0.77 % decline compared to January 2023.

Prospective bidders for the losses and debt-saddled SriLankan Airlines will have more time with the Government extending the deadline for Request for Qualification (RfQ) for the to 9 January next year fifth time for 45 days commencing from Tuesday 05.

Sri Lanka’s State owned Enterprises (SOE’s) including the Central Bank and state banks are to be brought under a legal framework for appointments, management, procurement and capital spending with the enactment of SOE Act in parliament soon, Justice Minister Wijeyadasa Rajapakshe divulged.