Elon Musk has accepted an invitation by President Ranil Wickremesinghe to visit Sri Lanka this year to launch his Starlink satellite internet service.
At the 10th World Water Forum in Bali, Sri Lanka's Minister of Water Supply Jeevan Thondaman announced a significant partnership with the World Bank.
Sri Lanka is about to receive 100 Octane premium petrol, known as XP100 rating fuel, which helps enhance the performance of vehicles, particularly high-end luxury cars and bikes.
The revenue to the government, including the grants, rose by a staggering 61.8 percent in January 2024. This is a result of the government raking in billions of rupees out of people’s pockets to appease the International Monetary Fund’s revenue targets.
The final report of the U.K.'s infected blood inquiry was published on Monday, nearly six years after it began looking into how tens of thousands of people contracted HIV or hepatitis from transfusions of tainted blood and blood products in the 1970s and 1980s.
Sri Lanka’s Government Analyst is set to find out the similarity in paper used in printing counterfeit security tax stamps and the printing paper of fool proof liquor sticker with QR code for all liquor products, in the latest twist in the investigation into this racket.
The Treasury is compelled to curtail spending further in the second quarter of this year as the day’s revenue collection is far below the daily expenditure creating a cash flow problem, Finance Ministry sources confirmed.
Three major Sri Lankan authorities have banded together to form a blended finance platform where donor assistance is combined with additional private and public financing to leverage funds to back sustainable projects, officials said.
The Central Bank (CB) will roll out a national digital currency by the end of the year with the aim of modernising the country’s financial transactions and regulatory framework, a senior official disclosed to a parliamentary committee recently.
Iranian president was travelling by helicopter in the country’s East Azerbaijan province when it came down in a forested area.
Ebrahim Raisi is a hardline cleric close to Iran's Supreme Leader Ayatollah Ali Khamenei. His election as president in 2021 consolidated the control of conservatives over every part of the Islamic Republic.
China has launched an anti-dumping probe into imports of a widely used plastic from the US, EU, Taiwan and Japan.
Allege real purpose is to secure financial benefits by transferring 15 profitable and well-operating Investment Zones under BOI to their associates before elections
The 15th National War Heroes Day, commemoration to honour the war heroes, who sacrificed their lives to protect the unity of the motherland, was held under the patronage of Prime Minister Dinesh Gunawardena today (19.05.2024) in front of the National War Memorial at Sri Jayawardenapura Parliament Grounds.
By Rohana Jith
SL economic reforms gets underway amidst the US pledge of extending advice at the moment
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.