In response to a query about the restart of the Japan-financed Light Rail Transit (LRT) project, the Japanese embassy in Colombo said the resumption of loan projects and the launch of a new loan project will depend on the progress of the debt restructuring process.

President Ranil Wickremesinghe said although all political parties in Parliament are united, none of them currently possess a 50% voter base.

The Criminal Investigation Department (CID) has arrested three employees of a state bank in Oddamavadi for stealing pawned gold jewellery to the tune of LKR 20 million.

Recent reports have revealed that Airport and Aviation Services (Sri Lanka) (AASL), responsible for the management of the airports in Sri Lanka, recorded a total profit of Rs. 27,647 million for the year 2022.

The deficit in the merchandise trade account narrowed to US dollars 583 million in April 2023, from US dollars 728 million recorded in April 2022 due to a larger decline in imports, compared to the decline in exports.

Dhaka, June 2 -- At least 179 people were injured when a passenger train hit the derailed coaches of another train in Balasore in India's Odisha state this evening. Many are feared trapped, reports NDTV.

An Indian national an air passenger who had come to travel via Sri Lanka to Canada has died after falling from the plane while disembarking at the Bandaranaike International Airport in Katunayake.

The government has already initiated the preparation of a restructuring plan for public enterprises President Ranil Wickremasinghe revealed make a clear policy announcement to the nation recently that the state authorities are serious about long-term economic reform.

The Central Bank revealed yesterday that it had absorbed $ 1.7 billion in foreign exchange year to date of which a high $ 662 million in May thereby stabilising the Rupee.

SLT-Mobitel recently unveiled its technologically advanced, high-tech operational green headquarters, first in the history of SLT, located at Welikada, Colombo.

Sri Lanka is embarking on an ambitious initiative of establishing the world’s first international environmental university to support the global effort in addressing climate change.

Low-income families are facing the worst effects of the economic crisis, the International Committee of the Red Cross (ICRC) said.

Jordan's Al Mamlaka TV saud Thursday that Britain's Prince William and his wife Kate have arrived in Jordan to attend the highly anticipated wedding of Jordan's crown prince and a Saudi architect.

The Central Bank yesterday delivered a surprise policy rate cut, bringing nearly two years long tightening cycle to a close and left open the door for further rate cuts in the next few months among other measures to ease remaining restrictions on imports to reverse the prolonged economic contraction.

Tourist arrivals to Sri Lanka fell below the 100,000 mark for the first time this year due to the drop in momentum in the month of May,

The Government has widened the tax net making it mandatory for professionals belonging to 14 categories to register themselves with the Inland Revenue Department.

Indiana Ophthalmics has been showcaused by the Pharmaceuticals Export Promotion of India (Pharmexcil) following a recall of its eye drops by the Sri Lankan Health Ministry due to adverse events possibly linked to the product.

British Airways has been fined $1.1m (£878,000) by the US government over claims it failed to pay refunds for cancelled flights during the pandemic.

The government’s promise to issue new passports in seven days is a welcome relief for those travelling.

Sri Lanka Tourism Alliance (SLTA) said yesterday its destination consumer marketing campaign had reached new heights.