China to Assist Sri Lanka in Financial Difficulties, Joint Statement Says
In a joint statement released on Sunday, China pledged to play a “positive role” in alleviating the financial challenges faced
Crackdown on Illegal Spas Offering Prostitution Services Intensifies Across Sri Lanka
Following a major raid on ‘spas’ in the Negombo area, which uncovered two cases of HIV, illegal spas and Ayurvedic
New Electricity Sector Reforms Bill to be Gazetted Within Two Weeks, Confirms Minister of Power and Energy Kanchana Wijesekera
Minister of Power and Energy, Kanchana Wijesekera, has announced that the new Bill on electricity sector reforms will be gazetted
Surge in Bunker Demand Signals Growing Maritime Industry Challenge
In response to vessel re-routings aimed at bypassing the Red Sea, ports in India and Sri Lanka have witnessed a
“Thalduwa Hill Climb 4×4” Concludes Successfully (Video)
The ‘Thalduwa Hill Climb 4×4’ racing tournament, held at the Avissawella Talduwa ‘Horse Hill’ track, reached a successful conclusion last
Sri Lanka Seeks Dealer Managers for International Bond Restructuring
The Finance Ministry of Sri Lanka announced on Thursday that it has invited proposals from dealer managers to assist in
Sri Lanka Optimistic about Debt Restructuring Progress, Eyeing IMF Financing
Sri Lanka expresses optimism regarding the resolution of debt restructuring issues in the second quarter, aiming to secure financing from
Net Credit to Private Sector Shrinks by Rs. 52.2 Billion
There is a noticeable appetite for credit in the market, as interest rates have reached levels favorable to borrowers. In
South Asia’s Largest Maternity Hospital Declared Open in Karapitiya
The German-Sri Lanka Friendship New Women’s Hospital in Karapitiya, Galle, was inaugurated by President Ranil Wickremesinghe on Wednesday morning (March
National Minimum Wage Set to Increase
Under the provisions of the National Minimum Wages Act, the National Minimum Wage is currently established at Rs.12,500. However, a