Chinese human smuggling racket has penetrated Sri Lanka for jobs in telecom and gambling sectors, Chinese Embassy in Colombo warned adding that they were forced to engage in scams and rackets.
USNS Brunswick, a Spearhead-Class Expeditionary Fast Transport ship of the U.S. Navy arrived at the port of Trincomalee today.
Sri Lanka’s heightened fiscal, external, and financial sector imbalances and its fluid political situation pose significant uncertainty for the country’s economic outlook, says the World Bank in its twice-a-year update.
Sri Lanka has collected 11.93 billion rupees in advance personal income tax in March 2023, up from 3.1 billion rupees in January, Commissioner General of Inland Revenue D R S Hapuarachchi has said.
Central Bank will end the foreign exchange surrender rule by next week while marinating 100 percent exporter dollar conversations as the banking sector is now processed sufficient dollar reserves to finance the essential imports such as fuel, cooking gas, medicines and other commodities ,Central Bank Governor Nandalal Weerasinghe disclosed .
China's military is rehearsing the encirclement of Taiwan during three days of military drills.
Beijing - which views Taiwan as a breakaway province of China - called the operation a "stern warning" to the island's government.
Earnings from the tourism industry exceeded half a billion dollars in the first quarter of 2023, in tandem with the record number of arrivals Sri Lanka welcomed in first three months of the year.
The Ceylon Chamber of Commerce o welcomed the moves to liberalise the petroleum sector but stressed the Government should also pursue reconciliation and economic reforms with equal vigour.
The Government has been urged to effectively communicate the reforms intended to address via the International Monetary Fund (IMF) Extended Fund Facility for the broader population without limiting it to the English-speaking elite crowd in Colombo.
Indonesia's Mount Merapi, one of the world's most active volcanoes, erupted late Friday and continued to spew hot ash and other volcanic material on Saturday.
The United States is supporting Sri Lanka’s economic recovery, the US Ambassador to Sri Lanka, Julie Chung said.
Tel Aviv, April 6, (dpa/GNA) – Israeli security forces clashed with Palestinians for a second consecutive night at a Jerusalem holy site during a convergence of Islamic and Jewish holidays.
Restructuring of Sri Lanka Telecom (SLT) will be done by the institution that will be set up following the model of Singapore and Malaysia to run state institutions, State Minister Ranjith Siyambalapitiya told Parliament today.
Sri Lanka continues to gain in the global limelight for its unique tourism offerings in 2023 and this time as the top 23 Best Places to Travel during the year.