U.S. Under Secretary pledges support for Sri Lanka’s dairy modernization efforts
Under Secretary for Trade and Foreign Agricultural Affairs at the U.S. Department of Agriculture (USDA), Alexis Taylor, paid a courtesy call on President Ranil Wickremesinghe on Friday (26).
ProClime plans to invest US $150 million in Indian & Sri Lankan carbon projects
ProClime Services Pvt Ltd, a start-up focused on the climate sector, aims to invest about $150 million in carbon projects across sectors in India and Sri Lanka over the next 12-18 months.
New regulatory body to be introduced for energy sector
The Cabinet of Ministers has approved the proposal presented by the Minister of Power and Energy to appoint a committee to study the matter and make recommendations to prepare a necessary legal framework for the introduction of a regulatory body for energy sector.
Biden says he's ready for election debate with Trump
US President Joe Biden said on Friday that he would be "happy" to face off with Donald Trump in a debate before the November election.
Pentagon to 'rush' Patriot missiles to Ukraine in $6bn package
The Pentagon says it will "rush" Patriot air defence missiles and artillery ammunition to Ukraine as part of its new military aid package.
CID to expedite investigations into ‘X-Press Pearl’ maritime disaster
The Colombo Magistrate’s Court has ordered the Criminal Investigations Department (CID) to expedite the probes related to the ‘X-Press Pearl’ maritime disaster.
Japan provides $3M through FAO to strengthen inland fisheries in Sri Lanka
The Japanese Government has provided a grant of US$3 million through the Food and Agriculture Organization of the United Nations (FAO), to strengthen inland fisheries and improve rural livelihoods in partnership with the Ministry of Fisheries of Sri Lanka.
Capital A unit, not AirAsia, bidding for SriLankan Airlines
Capital A CEO Tan Sri Tony Fernandes clarified that it is AirAsia Consulting Sdn Bhd that is bidding to acquire SriLankan Airlines, and not AirAsia.
Govt. to introduce relief program for senior citizens affected by withholding tax
In a bid to address the concerns of the senior citizens grappling with withholding tax on interest payments, State Minister of Finance Ranjith Siyambalapitiya announced plans for a formal relief program aimed at providing immediate assistance.
Why India's household savings are at a 47-year-low
For decades, India has been a nation of savers. They stash away a significant portion of their earnings for future security, often at the expense of current consumption.
More...
Orpheus Pledger: Home and Away star arrested after Australian manhunt
Former Home and Away star Orpheus Pledger has been arrested after a three-day police manhunt in Australia.
New electricity bill aimed at CEB reforms presented to parliament
The ‘Sri Lanka Electricity Bill’, which incorporates the proposed reforms for the electricity sector, was presented to the parliament by Power & Energy Minister Kanchana Wijesekera on Thursday (25).It was published in the government gazette on 17 April.
Super-luxury hotel ‘ITC Ratnadipa Colombo’ declared open by the President
President Ranil Wickremesinghe declared open the super-luxury hotel ‘ITC Ratnadipa Colombo’ which boasts Sri Lanka’s first ever sky bridge ‘AHASA ONE’ connecting two towers at a height of 100m above the ground.
Sri Lanka, Russia explore avenues for enhanced defence cooperation
Sri Lanka’s Secretary Defence General Kamal Gunaratne has held bilateral talks with Russia’s Security Council Secretary Nikolai Patrushev in St. Petersburg.