The International Monetary Fund (IMF) says it is critical for Sri Lanka to swiftly complete the final agreements with the official creditors and reach a resolution with the external private creditors.

The Public Utilities Commission of Sri Lanka (PUCSL) is scheduled to address the proposed revision of electricity tariffs by the Ceylon Electricity Board (CEB) in a meeting on 22 January.

President Ranil Wickremesinghe’s recent visit to Uganda has significantly contributed to strengthening diplomatic ties with African nations that have previously been overlooked in Sri Lanka’s foreign relations.

Leveraging the effectiveness of the Central Bank of Sri Lanka on the control over inflation, the International Monetary Fund (IMF) emphasised the importance of maintaining a prudent approach in future monetary policy decisions.

While reiterating once again the importance of consolidation in the banking sector for higher scale, efficiency and strength, the Central Bank said it is going to roll out the second phase of the consolidation master plan for the non-bank finance company sector in earnest.

Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva commended the economic reform endeavors pursued by Sri Lanka during a meeting with President Ranil Wickremesinghe at the World Economic Forum in Davos, Switzerland.

The Government of Sri Lanka (GoSL) intends to divest all or majority of its equity shareholding in Litro Gas Lanka Limited (LGL) & Litro Gas Terminal Lanka (Pvt) Ltd (LGTL).

Sri Lankan Airlines Ltd. missed a third coupon payment on its 175 million US dollar bond, due later this year, according to a filing on Tuesday.

As part of a slew of policy reforms that are in the pipeline to improve both the resilience and corporate governance of the banks in the near and medium term, the existing Banking Act, which is currently being amended, could see its passage through Parliament in the early part of 2024.

Italian social media creators could soon be bound by the same rules as traditional media outlets when posting their content online.

Yemen's Houthis have targeted a US-owned vessel in the Gulf of Aden after Washington said it will re-designate the group as "global terrorists".

Sri Lanka's Supreme Court today held that former President Gotabaya Rajapaksa's decision to grant a Presidential pardon to former Parliamentarian Duminda Silva is arbitrary and not valid in law.

Apple now has the lion's share of the global smartphone market, knocking Samsung off the top spot for the first time in 12 years.

A Portuguese dog named Bobi made headlines last year when he was crowned the world's oldest dog ever by Guinness World Records (GWR) - beating a previous record that stood for a century.

Minister of Labour and Foreign Employment Manusha Nanayakkara says measures will be taken to introduce a new QR code system within a very short period of time, in consideration of the proposal to introduce a QR code in relation to the registration and preparation of a data system for all three-wheeler drivers.

Sri Lanka’s Colombo port has seen a big jump in container volumes in recent weeks as vessels steering clear of tensions in the southern Red Sea have found it a convenient transit point, officials said on Tuesday.

Negotiations are underway with regional countries, including India, as per the United Nations Law of the Sea to explore economic activities in a sea area extending 250 nautical miles beyond Sri Lanka's exclusive economic zone, the National Oceanic Affairs Committee Secretariat said.

The mango harvest in Sri Lanka has indicated a record increase this year, the Agriculture Department said.

Iran's Revolutionary Court has sentenced Nobel Peace Prize winner Narges Mohammadi to an additional 15 months in prison.

Sri Lanka has earned low tourism revenue despite having 1.5 million arrivals in 2023 due to the visiting of lower- to medium-end travelers from the top two tourist markets to Sri Lanka such as Russia and India, Sri Lanka Tourism Promotion Bureau (SLTPB) Chairman Chalaka Gajabahu said.