Category: Local News

Is There Another Way? Debt Restructuring, IMF and Future of Sri Lanka

On June 10, the Sri Lanka Foundation Institute hosted a significant seminar titled, “Is There Another Way? Debt Restructuring, IMF and the Future of Sri Lanka”



IMF approves $336 million for Sri Lanka after second review

The International Monetary Fund (IMF) announced the completion of the second review under the 48-month Extended Fund Facility (EFF) Arrangement, allowing Sri Lanka to draw SDR 254 million (about US$ 336 million).



Sri Lanka President appoints committee to probe 2019 Easter Sunday Attacks

Sri Lankan President Ranil Wickremesinghe has appointed a Committee of Inquiry to investigate the actions taken by the State Intelligence Service (SIS), the Chief of National Intelligence (CNI), and other relevant authorities regarding prior intelligence received about the Easter Sunday terror attacks on April 21, 2019.



Sri Lanka President calls for National Focus on Economic Reform ahead of Elections

Sri Lankan President Ranil Wickremesinghe emphasized that the upcoming presidential election isn’t about his personal victory or defeat but about the success or failure of the entire country.



Dozens hospitalized after toxic chemical incident at Pinwatta cosmetics factory

Over thirty workers at a cosmetics manufacturing factory in Pinwatta, Panadura, have been rushed to hospitals today (June 12) after inhaling toxic fumes.



Sri Lankan postal workers to stage sick leave protest over staffing shortages

Postal workers in Sri Lanka plan to engage in a 24-hour trade union action starting at midnight tonight (June 12), by taking sick leave.



Teachers and Principals to hold island-wide protests over salary discrepancies

Members of the teachers’ and principals’ unions in Sri Lanka, represented by the Ceylon Teachers’ Union (CTU), will hold island-wide protests today (June 12).



President appoints expert committee to address public sector salary discrepancies

Sri Lankan President Ranil Wickremesinghe has appointed a specialist committee to address salary discrepancies in the government sector.



Sri Lankan Foreign Minister Ali Sabry meets Russian Foreign Minister Sergey Lavrov

Sri Lanka’s Foreign Minister Ali Sabry, currently in Russia to participate in the BRICS 2024 Foreign Ministerial Session with developing countries, held a bilateral meeting with Russian Foreign Minister Sergey Lavrov on June 10, 2024.



IMF third tranche negotiations for Sri Lanka begin tomorrow

Negotiations for the third tranche of the International Monetary Fund (IMF) loan to Sri Lanka are scheduled to commence tomorrow (June 12).



Sri Lanka’s Finance Minister unveils plan to recover Rs. 1,000 Billion in Unpaid Taxes

Sri Lanka’s State Minister of Finance, Dr. Ranjith Siyambalapitiya, has submitted a detailed report to Parliament outlining measures to recover over Rs. 1,000 billion in unpaid taxes.



KDU ensures transparency in admission of civilian students to MBBS programme

General Sir John Kotelawala Defence University (KDU), operating under Sri Lanka’s Ministry of Defence, clarifies the admission process for civilian students to its MBBS Degree Programme.



Sri Lanka Railway Engineers call off strike

The Sri Lanka Railway Locomotive Operating Engineers have officially called off their strike after successful discussions with the Minister of Transport, Bandula Gunawardena.



Sri Lankan President attends Narendra Modi’s third-term swearing-in

Sri Lankan President Ranil Wickremesinghe extended warm congratulations to Narendra Modi, who was sworn in for a third consecutive term as Prime Minister of India.



Sri Lanka’s former top Police officials join NPP amidst threats and political pressure

Retired Senior DIG Ravi Seneviratne and former Director of the Criminal Investigation Department (CID) Shani Abeysekara joined the Retired Police Collective of the National People’s Power (NPP) at its inaugural meeting on Sunday (June 9), at the National Youth Council in Maharagama.



Sri Lanka’s Railway Department cancels 20 office trains due to ongoing strike

The Railway Department announced that 20 office trains were canceled this morning (June 10) due to the ongoing strike by the Sri Lanka Railway Locomotive Operating Engineers’ Union.