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Some creditors request to restructure Sri Lanka’s debt without China
Some members on the committee of Sri Lanka’s official creditors are pushing to reach a deal to restructure the nation’s debt without the participation of China, informed sourcesaid.
SriLankan Airlines partners with Virgin Australia
SriLankan Airlines has entered into a first-ever interline partnership with Virgin Australia that will strengthen the airline’s network in Australia and offer customers extensive connections across the land down under and beyond.
NDB Banks joins the InterBank USD Online Payment System
NDB is proud to announce its appointment as a member of the LankaPay USD Online Payment System.
Minimum meal rates imposed by govt. is hurt tourism industry
A local tourism industrialist stated that the government’s imposition of minimum meal rates for Sri Lankan hotels could be unrealistic and potentially has adverse effects on the tourism industry.
Sri Lanka hosts its first-ever International Mineral Conference next month
Sri Lanka will host its first-ever International Mining and Mineral Conference, investor forum and exhibition next month.
ADB to grant US$400milllion for Sri Lanka crisis management
Sri Lanka’s cabinet of ministers has approved signing a 200 million US dollar policy based loan from the Asian Development Bank, which is the first tranche of a 400 million dollar program which has been discussed, the state information office said.
Colombo Port City Economic Commission unveils its Comprehensive Progress Report
The Colombo Port City Economic Commission has unveiled its Comprehensive Progress Report covering the period from January to August 2023, showcasing significant strides in the development of the Colombo Port City and the finalisation of legal frameworks for the Colombo Port City Special Economic Zone (SEZ).
Haikun: Taiwan unveils new submarine to fend off China
Taiwan has unveiled its first domestically-made submarine as it bolsters its defences against a possible Chinese attack.
Russians queue up to see Barbie film despite sanctions
But unofficially…
Indonesian social security model inspires Sri Lanka’s ambitious reformation in social welfare
A high-profile delegation from Sri Lanka, led by Labour and Foreign Employment Ministry Secretary R.P.A. Wimalaweera, embarked on a four-day study tour to Indonesia, from September 4-7, 2023.
Inland Revenue Act to be amended to allow tax relief for charities focusing on wellbeing of children
Inland Revenue Act to be amended to allow tax relief for charities focusing on wellbeing of children
All those who do not have my principles are my enemies: Maithripala
All those who do not have my principles are my enemies, Sri Lanka Freedom Party (SLFP) Chairman and former President Maithripala Sirisena said.
Danushka Gunathilaka cleared of Tinder date rape
Sri Lankan international cricketer Danushka Gunathilaka has been found not guilty of sexual assault by a Sydney judge who said the evidence established there was “no opportunity” for him to have removed a condom during sex, and that he was truthful in his police interview.
IMF to delay the US $330 million second tranche of the $3 billion EFF
The International Monetary Fund’s disbursement of the second tranche amounting to around US$330 million of the to total loan of $ 3 billion is to be delayed till the approval of the executive board following the staff level agreement with the Sri Lankan authorities , IMF senior mission chief Peter Breuer said
Trump liable for fraud, judge finds in New York civil case
Donald Trump "repeatedly" misrepresented his wealth by hundreds of millions of dollars to banks and insurers, a New York judge has ruled.
Iraq fire: At least 100 killed in blaze at wedding party in Nineveh
At least 100 people have died and 150 others injured after a fire broke out at a wedding in northern Iraq.
Politicians banned!
With growing anger at the alleged corruption and mismanagement by politicians in the country, a handwritten board was seen put up outside a house in Thanamalwila stating that all politicians are dishonest and they cannot enter this particular house.
Exports top US$ 1bn in August, yet apparel sector slump continues
- Textile & apparel exports down 23% to US$ 435mn
- Jan-Aug exports income at US$ 7.98bn, down 10.4%
Advisory on heavy rain warning issued for seven districts
An advisory on heavy rains above 100 mm was issued for the Western and Sabaragamuwa Provinces and in the Galle and Matara districts, the Natural Hazards Early Warning Centre of the Meteorology Department said.
Western countries brace for slamming govt. over ATB, Online Safety Bill
The western countries are bracing for voicing strong concern for the government regarding the latest version of the Anti-Terrorism Bill (ATB) and the Online Safety Bill - which they see as problematic after analysis of the contents with their legal experts yesterday, Daily Mirror learns.