Despite setbacks in private creditor debt restructuring, IMF says it is hopeful that a conclusion can be reached, soon.

Dialog Axiata PLC (Dialog), Axiata Group Berhad (Axiata) and Bharti Airtel Ltd., (Bharti Airtel) announced they have signed a Definitive Agreement to combine their operations in Sri Lanka.

The Government has hiked the standard tourist visa fee by over 100%, coupled with the shift to a global processing company, which has raised eyebrows among industry stakeholders.

Sri Lanka has introduced new visa procedures and the rollout of an online visa issuance system yo boost tourism in the ialsndnation.

The SOE Restructuring Unit (SRU) yesterday insisted that reforms involving State-owned enterprises are “non-negotiable” and efforts are underway to transform these entities for the better.

Despite setbacks in private creditor debt restructuring, IMF says it is hopeful that a conclusion can be reached, soon.

A Polish man has been arrested and charged with planning to co-operate with Russian intelligence services to aid a possible assassination of Volodymyr Zelensky, authorities said.

Kenya's military chief, Gen Francis Omondi Ogolla, has died after a military helicopter crashed in the west of the country, the president said.

US President Joe Biden has called for a tripling of tariffs on some steel and aluminium from China.

The United States and the European Union say they are looking at imposing further sanctions on Iran, after its attack on Israel at the weekend.

An influential global body has forecast Russia's economy will grow faster than all of the world's advanced economies, including the US, this year.

United Airlines has blamed Boeing for a $200m (£161m) hit to its earnings in the first three months of this year.

At least 39 people have been killed in Pakistan after days of unusually heavy rains battered the country's southwest.

Israel's war cabinet has met to discuss its response to Iran's unprecedented drone and missile attack.

I'm not supposed to cry as a journalist when I am covering stories, but I have been crying a lot lately.

Israel's war cabinet has used a tried-and-trusted phrase to describe its next moves against Iran. Israel would respond "in the manner and at the time of our choosing".

Ports, Shipping and Aviation Minister Nimal Siripala de Silva and SriLankan Airlines Chairman Ashok Pathirage inaugurate one of the new passenger coaches

Indian arm manufacturing firms showed the Delhi’s capability in arm manufacturing to Sri Lankan military at a seminar on Wednesday which the island nation expects to open the door for future joint collaboration in manufacturing and services.

The Finance, Economic Stabilisation, and National Policies Ministry stated that all the suspended projects are scheduled to be recommenced once the debt restructuring programme is concluded.

Authorities are in the process of identifying buildings in a dilapidated state in the city of Colombo following complaints to examine the stability and safety of buildings received by the Colombo Municipal Council (CMC), National Building Research Organisation (NBRO), Urban Development Authority (UDA), and the police.