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Sri Lanka’s rubber production, which has collapsed over the last decade, will get into a deeper crisis due to mandated wage hike which will increase loss, an industry official said after the tea industry also protested the move.

There are renewed fears of terrorist attacks at this year's T20 World Cup after a chilling poster was released hinting at bloodshed in New York.

A US luxury real estate billionaire and a deep-sea explorer are planning to travel in a submersible to explore the Titanic.

Wednesday, 29 May 2024 12:51

President asserts no polls postponement

Parliamentarians from all parties desperately attempted to reach the President to seek more clarity on this statement

Social security benefits will be extended to all workers aged 55 and above across vaious industries Labour and Foreign Employment Minister Manusha Nanayakkara announced revealing that that the Cabinet has approved a proposal to provide those benefits.

A compulsory retirement scheme is set to be implemented in connection with the amalgamation of the Ceylon Fertilizer Company Limited and the Colombo Commercial Fertilizer Company Limited.

The Central Bank of Sri Lanka has decided to maintain policy interest rates at their current levels. Accordingly It will maintain Standing Deposit Facility Rate (SDFR) - 8.50% ,Standing Lending Facility Rate (SLFR) - 9.50% and Statutory Reserve Ratio (SRR) - 2.00% levels.

The railway service in the country is currently in a critical situation, and efficient train usage requires significant investments, Cabinet Spokesman and Transport Minister Bandula Gunawardana said.

52 percent of buses belonging to Sri Lanka Transport Board (SLTB) have expired their life span. Transport Minister Bandula Gunawardane revealed

A group of Indian nationals who were illegally running an IT based firm in Colombo 7 on mere visit visas to remain in Sri Lanka was taken into custody by the Department of Immigration and Emigration.

A group of Indian nationals who were illegally running an IT based firm in Colombo 7 on mere visit visas to remain in Sri Lanka was taken into custody by the Department of Immigration and Emigration.

An album so rare and valuable that only a few ears have ever listened to it is set to go on display at an Australian gallery, giving the public a taste of the uber-exclusive tracks.

The weather killed at least 21 people over the weekend and left hundreds of thousands without power.

The plantation industry raised its strongest possible objections to the Government's arbitrary, reckless, unilateral decision to drastically hike minimum wages for tea and rubber sector workers by an unprecedented 70%.

Sri Lanka hopes to work closer with Saudi Arabia in tourism, labor and renewable energy sectors to support the Kingdom’s Vision 2030, the island nation’s new ambassador told Arab News as he assumed his post in Riyadh on Monday.

Sri Lanka will start collecting movable and immovable property details in view of introducing a nation-wide property tax and a gift and inheritance tax with minimal exemptions, according to a deal reached with the International Monetary Fund and the government.

The Ceylon Electricity Board (CEB) has partly settled the dues for energy purchases from West Coast Power (Pvt.) Ltd by divesting a 28 percent stake of its shares in LTL Holdings (Pvt.) Ltd to the company.

Sri Lanka is hoping to launch Starlink satellite internet service founded by billionaire Elon Musk within three months’ time, Senior Presidential Advisor Ruwan Wijewardene said yesterday.

Sri Lanka Air Force pilots, deployed in the Central African Republic as part of the United Nations Multidimensional Integrated Stabilization Mission (MINUSCA), executed a critical evacuation mission involving multiple UN personnel.

State Minister of Finance Ranjith Siyambalapitiya announced that preliminary work to modernise the Customs Department auction process will commence via online this week.

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