Fitch Ratings Raises Concerns Over Sri Lanka’s Ambitious Fiscal Targets, Citing High Implementation Risks
In a statement released today, Fitch Ratings has expressed apprehension regarding the ambitious fiscal targets set by the Sri Lankan
UK Supreme Court Strikes Down Rishi Sunak’s Rwanda Deportation Plan as Unlawful
In a significant blow to Prime Minister Rishi Sunak’s government, the UK Supreme Court has ruled against the deportation policy
Concerns Mount Over Potential VAT Impact on Power and Energy in 2024 Budget
The proposed removal of Value-Added Tax (VAT) exemptions has sparked apprehension about the potential application of VAT on power and
President Ranil Wickremesinghe Weighs Presidential Re-Contest Amidst Sri Lanka’s Economic Revival
In anticipation of next year’s Presidential election, President Ranil Wickremesinghe disclosed that he has yet to decide on seeking re-election,
President Wickremesinghe Justifies Nuwara Eliya Post Office Allocation to Tourism Industry in Budget 2024
In a strategic move aimed at bolstering the tourism sector, President Ranil Wickremesinghe defended the decision to allocate the Nuwara
Israeli President Denies Gaza’s Largest Hospital Struck Amidst Allegations; Claims Operations Are Normal
Israeli President Isaac Herzog has refuted reports of Israel striking Gaza’s largest hospital, Al-Shifa, where staff members reported running out
Iceland Declares State of Emergency Amid Rising Volcanic Eruption Fears
Iceland has officially declared a state of emergency following a series of earthquakes, prompting concerns of an imminent volcanic eruption.
Prince William’s Unnoticed Triumph: A Game-Changing Move to Combat Illegal Wildlife Trade
While the spotlight shone on Prince Charles during his recent visit to Singapore for the Earthshot Prize ceremony, a quieter
India Appeals to Qatar Over Death Sentences for Ex-Navy Officers Amid Espionage Suspicions
In a move that could strain diplomatic relations, India has filed an appeal with the Qatari government regarding the death
US International Development Finance Corporation (DFC) CEO Scott Nathan Visit to Sri Lanka
From November 7-8, 2023, U.S. International Development Finance Corporation (DFC) Chief Executive Officer (CEO) Scott Nathan will visit Colombo to