Sri Lanka: 28 Chinese nationals arrested over online fraud
Apr 04, 2023, at 12:22 am
Colombo: Sri Lankan officials have arrested 28 Chinese nationals for being involved in online financial fraud.
Sri Lanka's financial crisis: India, US, Japan secure USD 2.286 bn IMF bailout
Mar 28, 2023, at 05:37 am
Colombo: After a protracted battle by India, the United States and Japan to get China to agree to restructure its massive loan of USD 7 bn to Sri Lanka, the International Monetary Fund (IMF) has finally approved a USD 2.286 billion bailout for financially-hit Sri Lanka.
IMF to approve USD 2.9-bln bailout package for Sri Lanka: Central bank governor
Mar 20, 2023, at 12:18 am
Colombo: Sri Lankan central bank governor Nandalal Weerasinghe told media on Sunday that the country's "dollar crisis" is over, as the International Monetary Fund (IMF) is set to approve a 2.9 billion U.S. dollar bailout package for the country on Monday.
Sri Lanka reduces kerosene prices for second time this year
Mar 01, 2023, at 09:22 pm
Colombo: Sri Lankan President Ranil Wickremesinghe on Wednesday endorsed a proposal by state-owned fuel importer and distributor Ceylon Petroleum Corporation (CPC) to lower the price of kerosene, after a January cutback.
Sri Lankan Crisis: Experts, locals express doubt feasibility of Chinese-built Port City Colombo
Feb 20, 2023, at 03:42 am
Colombo: Experts in Sri Lanka are doubting the feasibility of the Port City Colombo (PCC), a vast new Chinese-built reclaimed commercial zone in the capital city, especially at a time when the country witnessed its worst economic crisis.
Sri Lanka's sea cucumber industry is facing trouble: Reports
Jan 22, 2023, at 01:01 am
Colombo: Sri Lanka-based Centre for Strategic Studies- Trincomalee (CSST) reported that the sea cucumber fishing industry is slowly disappearing in the country.
Sri Lanka announces local council polls in March
Jan 22, 2023, at 12:57 am
Colombo/UNI: Sri Lanka's local council polls will be held on March 9, 2023, country’s national election commission on Saturday.
Sri Lanka must ensure compensation for victims of 2019 terrorist attacks
Jan 20, 2023, at 06:20 pm
New York: Sri Lanka must fully compensate victims of the Easter Sunday 2019 terrorist attacks, the UN human rights office, OHCHR, said on Wednesday, following a recent decision by the country’s top court.
China opposes Dalai Lama's likely visit to Sri Lanka; warns of negative impact on bilateral ties
Jan 18, 2023, at 03:08 am
Colombo: China on Tuesday expressed its disapproval over a suggested visit of the Dalai Lama to Sri Lanka as it warned the island nation the trip could adversely affect the bilateral ties, media reported.
Canada imposes sanctions on former Sri Lankan presidents Mahinda Rajapaksa and Gotabaya Rajapaksa
Jan 12, 2023, at 05:12 am
Ottawa: The Canadian government has imposed sanctions on four Sri Lankan state officials, including former presidents Gotabaya Rajapaksa and his brother Mahinda Rajapaksa, over human rights violations, officials said on Tuesday.
Dec 06, 2022, at 07:42 pm
Colombo: A prominent Sri Lankan politician has warned that he will start a “ChinaGoHome” campaign if the Chinese Embassy and its government do not work for the benefit of his countrymen and fail to restructure debts.
Sri Lanka: Mahinda, Gotabaya Rajapaksa's overseas visits cost Rs 43 mn
Dec 02, 2022, at 03:30 pm
Colombo: The Sri Lankan government spent Rs 43 million on visits abroad by ousted President Gotabaya Rajapaksa and his disgraced brother and former Prime Minister Mahinda Rajapaksa in just one year.
Sri Lanka’s debt to China close to 20 pct of public external debt, reveals study
Nov 30, 2022, at 08:35 pm
Colombo: A study has found Sri Lanka owed Chinese lenders $7.4 billion - nearly a fifth of its public external debt - by the end of last year, media reports said on Wednesday.
Sri Lankan Airlines facing revival challenge as more pilots exit
Nov 28, 2022, at 11:55 pm
Colombo: Sri Lankan Airline's plan to revive is currently under pressure as more pilots have exited the national carrier of the Island Nation, media reports said.
China’s stand may deprive Sri Lanka of USD 2.9 bn from IMF in early 2023: CPA chief
Nov 19, 2022, at 02:48 am
Colombo: Executive Director of the Centre of Policy Alternatives (CPA) Dr. Paikiasothy Saravanamuttu has said China’s unwillingness to accept the proposed debt restructuring might deprive economic-crisis-hit Sri Lanka of the USD 2.9 billion credit facility, from the IMF.
Sri Lankan court orders police to record statement of ex-President Gotabaya Rajapaksa
Nov 14, 2022, at 09:20 pm
Colombo: A Sri Lankan court has ordered the police to record the statement of ex-President Gotabaya Rajapaksa on the Rs. 17.8 million found inside the President’s House on July 9, media reports said on Monday.
Nov 14, 2022, at 09:06 pm
Colombo: Sri Lankan President Ranil Wickremesinghe's party might take action against its local government member Sashi Hettiarachci who held a protest in front of the Chinese Embassy in Colombo asking China to restructure Sri Lanka's debt, media reports said on Monday.
Sri Lankan minister admits school children not getting adequate food
Nov 13, 2022, at 01:46 am
Colombo: Sri Lanka's Minister of Education Susil Premajayantha has admitted in the Parliament that schoolchildren were not receiving adequate food.
UN ramps up humanitarian appeal for life-saving assistance to 3.4 million Sri Lankans
Nov 09, 2022, at 10:07 pm
New York: Amidst Sri Lanka’s worst economic crisis since independence, the UN on Tuesday revised its joint Humanitarian Needs and Priorities (HNP) Plan, appealing for more life-saving assistance to aid 3.4 million people.
Nov 05, 2022, at 10:20 pm
Colombo: Sri Lankan President Ranil Wickremesinghe praised Indians staying in Colombo and other parts of Sri Lanka known as Colombo Expats Cultural Association (CECA) for the contributions they made while the country was facing COVID-19 situation and the economic crisis.
New financial fraud hits Sri Lankans by storm, Chinese couple arrested
Oct 29, 2022, at 05:36 am
Colombo: Sri Lanka's Criminal Investigations Department (CID) has launched an investigation into a new financial fraud, which involved a Chinese couple, amounting to Rs.14 billion with 8,000 people being victims in a fake cryptocurrency scheme.
Sri Lanka food inflation peaks to 86pc
Oct 26, 2022, at 09:57 pm
Colombo: The nationwide food inflation in Sri Lanka has peaked to 85.8 per cent in September, up from 84.6 per cent in August, it was reported on Wednesday.
Singing sensation Yohani joins Sri Lanka tourism to woo Indian filmmakers
Oct 22, 2022, at 08:51 pm
Mumbai/Colombo/Bangalore: Sri Lanka Tourism Promotion Bureau (SLTPB), together with Sri Lankan Airlines and the International Film Producers’ Association of Sri Lanka (IFPA), recently organized a Film Tourism Promotional campaign in Bangalore and Mumbai to target major Indian movie industries by promoting Sri Lanka as "the ideal film location destination in South Asia".
China attempting to influence Sri Lankan local media: Reports
Oct 20, 2022, at 01:12 am
Colombo: China is trying to influence the local media of Sri Lanka, a media house from the Island nation reported.
Chinese law firm can't work in Sri Lanka
Oct 19, 2022, at 08:35 pm
Colombo: A Chinese law firm is not entitled to engage in any legal professional work in Sri Lanka, the island nation's Supreme Court has ruled.
Sri Lanka taxes will drive people to suicide: Daily
Oct 17, 2022, at 11:42 pm
Colombo: A leading Sri Lankan newspaper on Monday came out strongly against a slew of taxes announced by the government, saying these will force people to commit suicide.
Organic Fertilizer Import: China misleads Sri Lanka
Oct 14, 2022, at 11:52 pm
Colombo: The issue of importing organic fertilizer has dented the relationship between China and Sri Lanka and now the matter has taken a completely new turn.
Contracts: Two Australian men arrested over alleged Sri Lanka bribes
Oct 11, 2022, at 03:40 pm
Two Australian men are due to appear in court on Tuesday after being charged with bribery of foreign government officials to win contracts for two infrastructure projects in Sri Lanka following a long-running investigation by the Australian Federal Police (AFP).
SL President vows to better electoral system
Oct 10, 2022, at 11:37 pm
Colombo/UNI: Sri Lankan President Ranil Wickremesinghe has announced a raft of amendments to the electoral system, noting that the existing political system was a major cause for the current economic crisis.
All LTTE detainees to be freed: Sri Lankan PM
Oct 08, 2022, at 07:19 pm
Colombo: All remaining Tamil Tiger detainees will be released and the Prevention of Terrorism Act (PTA) will be repealed, Sri Lankan Prime Minister Dinesh Gunawardena said in remarks published on Saturday.