Deadline for RfQ for Sri Lanka Telecom extended till January12
The Government has extended the deadline for submission of Request for Qualification (RfQ) for the purchase of controlling stake in Sri Lanka Telecom (SLT) until 12 January 2024.
SL VAT increase triggers a rise in inflation by 2.5 percent
Claiming that the government was expecting Rs. 227 billion in state revenue from the increase of VAT from 15 percent to 18 percent, State Minister of Finance Ranjith Siyambalapitiya said today the inflation will also escalate by 2.5 percent as a result of the VAT increase.
Over 3,000 bribery complaints received so far this year
Over 3,000 complaints concerning incidents of bribery have been reported as of November this year, the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) said.
Teenage children of jailed Narges Mohammadi accept her Nobel Peace Prize
The teenage twins of jailed Iranian activist Narges Mohammadi have accepted the Nobel Peace Prize on her behalf.
Israel-Gaza war: Video shows Gaza detainees allegedly 'surrendering guns' - what we know
Images of detained and stripped Palestinians apparently surrendering some weapons to Israeli forces in the Gaza Strip have prompted speculation about the circumstances of the events and the filming.
Sri Lanka official remittances up 40-pct in November 2023
Sri Lanka’s remittances coming through official channels went up to $537.3 million in November 2023, up 40 percent from $384.4 million in the same month a year earlier, due to improved exchange rate after better monetary policy, finance ministry soirces said.
Russia to fortify bilateral ties on economic and security spheres with SriLanka
Russia has confirmed the commitment to further fortify the bilateral relations between the two countries, in the economic and security spheres, as well as the cooperation between the two countries on international agenda issues.
Australian budget airline Jetstar considering flights to Sri Lanka
Australian budget airline Jetstar is considering operating flights to Sri Lanka after a major shake-up to its long-haul flights.
10,000 housing project Phase IV gets underway with Indian assistance
The High Commission of India recently signed two significant agreements for the construction of 10,000 houses in plantation areas of Sri Lanka under phase IV of the Indian housing project.
Turkey issues arrest warrant for Somali president's son over fatal traffic crash
Turkey has issued an international arrest warrant for the son of Somalia's president, after he allegedly ran over a motorcycle courier, who later died.
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France's Emmanuel Macron buffeted from all sides in row over secularism
Emmanuel Macron has been accused of betraying the French Republic after he took part in a Jewish ceremony inside his official residence, the Elysée Palace.
Many positive steps taken to promote transparency and good governance: President
Many positive steps have been taken including the establishment of sectoral oversight committees and a budget office in Parliament to promote transparency and good governance, President Ranil Wickremesinghe said.
SriLankan Airlines flies double daily to Mumbai
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.
ADB approves $200mn to sustain economic stabilization efforts in Sri Lanka
The Asian Development Bank (ADB) has sanctioned a US$ 200 million concessional loan for Sri Lanka to help stabilize the country’s finance sector following the sovereign debt and economic crises that started in April 2022 after it suspended its external debt payments.