AirAsia and FitsAir among bidders for SriLankan Airlines
Malaysian budget carrier AirAsia is among six bidders for Sri Lanka’s state-run carrier SriLankan Airlines as the island nation looks to reduce losses incurred by government-owned enterprises under a US$2.9 billion (RM13.8 billion) International Monetary Fund (IMF) programme.
Boost for tourism with Shree Ramayan Trails launch
Sri Lanka’s tourism industry is anticipated to receive a boost from Indian pilgrims with the official launch of the Shree Ramayan Trails project.
USC: University cancels all outside graduation ceremony speakers after controversy
The University of Southern California (USC) has cancelled outside speakers for this year's graduation ceremony.
Thousands rally in Spain's Canary Islands against mass tourism
Tens of thousands of people in Spain's Canary Islands have rallied against a model of mass tourism they say is overwhelming the Atlantic archipelago.
Ukraine Russia war: US Congress close to passing long-awaited aid
After months of delay, the US House of Representatives is poised to hold a vote on tens of billions of dollars in American military aid for Ukraine and Israel this weekend.
Iran Israel: An audible sigh of relief in the Middle East
The latest round in the region's most dangerous rivalry appears to be over, for now.
Sri Lanka participates in Global Sovereign Debt Roundtable
Sri Lanka has participated in the Global Sovereign Debt Roundtable (GSDR) in Washington DC, which brings together debtor countries and creditors, in a bid to build a greater common understanding among key stakeholders on debt sustainability, debt restructuring challenges and ways to address them.
IMF Optimistic of Sri Lanka debt restructure despite London talks setbacks
Despite setbacks in private creditor debt restructuring, IMF says it is hopeful that a conclusion can be reached, soon.
Dialog, Axiata Group and Bharti Airtel sign definitive deal for merger in SL
Dialog Axiata PLC (Dialog), Axiata Group Berhad (Axiata) and Bharti Airtel Ltd., (Bharti Airtel) announced they have signed a Definitive Agreement to combine their operations in Sri Lanka.
Govt. jacks up visa fee amid tourism recovery
The Government has hiked the standard tourist visa fee by over 100%, coupled with the shift to a global processing company, which has raised eyebrows among industry stakeholders.
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Sri Lanka introduces new visa system to boost tourism
Sri Lanka has introduced new visa procedures and the rollout of an online visa issuance system yo boost tourism in the ialsndnation.
Restructuring Unit insists SOE reforms are non-negotiable
The SOE Restructuring Unit (SRU) yesterday insisted that reforms involving State-owned enterprises are “non-negotiable” and efforts are underway to transform these entities for the better.
IMF Optimistic on SL sovereign debt restructure despite bond holder’s setbacks
Despite setbacks in private creditor debt restructuring, IMF says it is hopeful that a conclusion can be reached, soon.
Man arrested in Poland over alleged Russia plot to kill Zelensky
A Polish man has been arrested and charged with planning to co-operate with Russian intelligence services to aid a possible assassination of Volodymyr Zelensky, authorities said.