State Minister of Finance Shehan Semasinghe yesterday announced that the Government plans to permit the importation of vehicles for private use starting in the first quarter of 2025.

President Ranil Wickremesinghe has arranged to appoint three special committees as a preliminary measure to address the security and economic pressures that may affect Sri Lanka, considering the potential developments in the Middle East and globally, including the assassination of a Hamas political leader in Iran.

The Cabinet of Ministers at its meeting on Monday approved directing the Legal Draftsman to prepare a Bill for amending the Port City Economic Commission Act No. 11 of 2021.

The Export-Import Bank of Korea (Korea Eximbank) yesterday officially notified Sri Lanka’s Ministry of Finance, Economic Stabilisation and National Policies of its decision to resume EDCF Official Development Assistance (ODA) concessional loan projects in Sri Lanka.

The Cabinet of Ministers on Monday approved instructing the Legal Draftsman to prepare a Bill to establish National Agency for Public-Private Partnership and framework to support the agency’s functions.

Sri Lanka is on the path of economic recovery followed by shifting from brain drain to brain gain, as emphasized by Former Finance Minister and Presidential national organizer Ravi Karunanayake.

Despite the Sri Lanka Podujana Peramuna (SLPP) politburo deciding to field their own candidate in the upcoming Presidential election, a group of 92 SLPP MPs and Ministers have expressed their support for President Ranil Wickremesinghe.

Thales and local partner Just in Time Technologies (JITT) have been awarded the contract to supply Sri Lanka’s biometric passports, which are planned for a rollout next year.

SriLankan Airlines, in collaboration with Travel Portfolio from the United Arab Emirates (UAE) and Aitken Spence Travels from Sri Lanka, recently concluded a successful familiarization (FAM) tour of Thailand and Sri Lanka for top travel and tour operators in Dubai.

The Cabinet of Ministers has approved a new constitution for Sri Lanka Cricket (SLC).

President Ranil Wickremesinghe yesterday unveiled a blueprint to transform the country’s outdated plantation sector towards a modern and thriving agro-business by rolling out a slew of major reforms with an inside-out approach.

State MinisterState Minister of Finance Shehan Semasinghe yesterday announced that the Government plans to permit the importation of vehicles for private use starting in the first quarter of 2025.

Israeli far-right protesters have broken into an army base in a show of support for soldiers accused of severely mistreating a Palestinian prisoner there.

Israel’s Prime Minister Benjamin Netanyahu has promised that Hezbollah will pay "a heavy price" for an attack that killed 12 children at a football pitch in Majdal Shams on the Israeli-occupied Golan Heights on Saturday.

Aitken Spence Hotels has achieved a remarkable milestone in sustainable tourism with all five of its Maldives resorts receiving the prestigious Green Globe Certification.

The outfits worn by the Sri Lanka team at the Paris Olympics opening ceremony, was rated the 3rd best by the popular Sports Illustrated magazine.

Compared to the past two years, 2024 is expected to see a significant rise in the number of local and foreign tourists visiting attractions managed by the Department of Forest Conservation, said Pavithra Wanniarachchi, the Minister of Wildlife, Forest Resources Conservation, and Irrigation.

A new analysis shows that Sri Lanka’s bondholders are set to be repaid significantly more than Government creditors such as China, under the in-principle restructuring deal agreed in early July.

The Sri Lanka Podujana Peramuna (SLPP) will not support current President Ranil Wickremesinghe in the forthcoming Presidential Election, SLPP MP Sagara Kariyawasam said.

Thousands of people gathered on Sunday for the funerals of children and young people killed in a rocket strike in the Israeli-occupied Golan Heights, as world leaders scrambled to contain the attack’s political fallout.