Sri Lanka will get about $600 million, on a staggered basis, from the Asian Development Bank (ADB) after the International Monetary Fund (IMF) releases the second tranche of a $2.9 billion bailout for the crisis-hit country, an official said on Tuesday.

Sri Lanka will get about $600 million, on a staggered basis, from the Asian Development Bank (ADB) after the International Monetary Fund (IMF) releases the second tranche of a $2.9 billion bailout for the crisis-hit country, an official said on Tuesday.

In a momentous ceremony held today (Dec.05), the Sri Lanka Air Force (SLAF) marked a significant chapter in the history with the ceremonial induction of two Harbin Y-12 IV aircraft at SLAF Base in Ratmalana.

President Ranil Wickremesinghe is reported to be mulling prorogation of Parliament by the middle of January, next year.

The Board of Investment of Sri Lanka (BOI) has introduced an online web portal to manage the recruitment process within the BOI.

Nuwara Eliya District Disaster Management Centre has warned drivers to be cautious of possible dangers when motoring along upcountry roads due to the prevailing heavy rainfall.

• Deficit in the overall budget widens to Rs.1,613.58bn in the nine months from Rs.1,244.41bn YoY
  
• Tax revenue up over 50% to Rs.1934bn amid upward revisions to tax rates and introduction of new taxes
  
• However, total expenditure up by 38.5% to Rs. 3,732.33bn with recurrent expenditure surging 44.7% to Rs.3,327.68bn
  
• Primary balances records a surplus of Rs.123.7bn compared to a deficit of Rs.317.04bn

It has come to light that doctors assigned to prison hospitals in Sri Lanka neglected their duties in 2022, working significantly fewer hours than mandated by the Ministry of Health.

Heavy rains and strong winds from a severe cyclonic storm have been battering India's southern coast with reports that several people have died.

Los Angeles police have arrested a suspect in the fatal shootings last month of three homeless men, whose deaths shocked the city.

Sri Lanka’s merchandise exports have decreased by 14.6 % to USD 898.0 million in October 2023 compared to October 2022 as per the provisional data released by the Sri Lanka Customs.

The construction of the East Container Terminal (ECT) of the Colombo port which is currently in progress is to be completed by mid next year to commence operations.

The first-ever MICE tourism road map, outlining a visionary three-year plan for 2024- 2026 was unveiled by the Sri Lanka Convention Bureau (SLCB) on 15 November.

Pakistan and Sri Lanka have emphasized the need to deepen and strengthen the longstanding cooperation in political, economic, and cultural domains, focusing on enhancing people-to-people ties.

SriLankan Airlines has introduced double daily flights between Colombo and Mumbai, multiplying the convenience for passengers travelling to and from India’s financial and entertainment capital, the Sri Lanka’s national carrier announced.

Israeli ground forces are pushing into southern Gaza, after three days of heavy bombardment.

Hong Kong pro-democracy activist Agnes Chow says she is jumping bail and will not be returning home from her studies in Canada.

Kegalle, Dec. 3 (Daily Mirror)- The National People's Power (NPP) will create a new political culture where politicians will travel in public transport such as in buses and trains, NPP Leader Anura Kumara Dissanayake said today.

Dubai, Dec.4 (Daily Mirror) - Cricketing legend Mahela Jayawardena denied claims he is part of the Sri Lanka Government delegation at COP 28 in Dubai.

Dehiattakandiya, Dec.4 (Daily Mirror) - Dehiattakandiya Base Hospital is facing a crisis as its only surgeon has left the country, bringing all surgeries to a standstill and leaving patients in desperation.