News

Sri Lanka State Trading Corporation (STC) says that all required steps have been completed to ship the first consignment of eggs imported from India. MORE..

21 Mar 2023 (12:20 PM)

Philadelphia will pay $9.25 million to settle a class-action lawsuit brought by racial justice protesters who accused police of abusing them at a 2020 rally following the killing of George Floyd, the city said on Monday. MORE..

21 Mar 2023 (1:42 PM)

A private bus was completely destroyed in a fire this morning (21 March) near the Boralugoda Investment Promotion Zone on the Horana - Ratnapura road. MORE..

21 Mar 2023 (2:09 PM)

Sri Lanka is seeking a 10-year moratorium on its foreign debt, President Ranil Wickremesinghe s office said on March 20, 2023 on the eve of a desperately needed $2.9 billion IMF bailout. MORE..

20 Mar 2023 (10:51 PM)

The Cabinet of Ministers has authorized the Finance Ministry Secretary or the Treasury s Deputy Secretary to sign the Promissory Notes and other required documents as soon as Sri Lanka receives the IMF-supported Extended Fund Facility (EFF) approval from the IMF Executive Board. MORE..

20 Mar 2023 (11:41 PM)

Sri Lanka, with the help of its legal and financial advisors, must present a debt restructuring strategy before the end of April 2023 in order to reach the International Monetary Fund s targets to achieve debt sustainability, Peter Breuer, the IMF Asia Pacific Department s Senior Mission Chief for Sri Lanka said today. MORE..

21 Mar 2023 (2:29 PM)