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Tuesday, March 21, 2023

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Sri Lanka to announce debt restructuring strategy in April – CBSL governor

Sri Lanka aims to announce a debt-restructuring strategy in April and step up talks with commercial creditors ahead of an International Monetary Fund review...

National Fuel Pass to be topped up every Tuesday midnight

The National Fuel Pass (NFP) will be topped up at midnight every Tuesday effective from today (March 08), Minister of Power & Energy Kanchana...

All-female crew operates SriLankan Airlines flight for Women’s Day

SriLankan Airlines announced that they celebrated the power of women on International Women’s Day which falls today (08 March), with an all-female crew aboard...

Man shot at on his way to a court case

Police stated that an unidentified individual, who arrived in a car, had opened fire at a person who was traveling in a three-wheeler to...

China Backs Sri Lanka Debt Plan, Sources Say, Paving Way for IMF Loan

China has given assurances that it will support Sri Lanka’s debt restructuring, clearing the biggest hurdle for the South Asian nation to secure a $2.9...

IMF justifies CBSL’s policy rate hike as appropriate

The International Monetary Fund (IMF) on Saturday justified the 1% policy rate hike by the Central Bank of Sri Lanka (CBSL) as “appropriate” though...

Suicide bomber kills nine police officers in Pakistan

A suicide bomber killed nine police officers and wounded 16 others Monday in an attack on their truck in southwestern Pakistan, officials said. Security forces...

Over 20 train journeys cancelled on a daily basis

The operations of the “Udaya Dewi” train running from Colombo Fort to Batticaloa has been halted as a result of the prevailing shortage of...

Finance Secretary barred from withholding budget allocations for elections

Supreme Court issued an interim order on the country's Finance Secretary, and the Attorney General who represents the Finance Minister preventing them from withholding...

China calls for global lenders’ involvement in developing nations’ debt

Chinese Foreign Minister Qin Gang called on global financial institutions on Thursday to play an active role in restructuring the debt of developing countries. China,...

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