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Sri Lanka, Indonesia to Sign Five-Year MoU on Bilateral Consultations

The Cabinet of Ministers has approved a proposal for Sri Lanka and Indonesia to sign a Memorandum of Understanding (MoU) on Bilateral Consultations, which...

Electric Railway Could Become Major Power Consumer, Minister Says

The proposed electric railway project is expected to require a significant amount of electricity and could emerge as one of Sri Lanka’s largest power...

CBSL Freezes Assets of Six Companies, Directors Over Alleged Unauthorized Finance Activities

The Central Bank of Sri Lanka (CBSL) has imposed freezing orders on six companies and their directors under Section 44 of the Finance Business...

Easter Sunday Attacks Trial: 15 Convicted, Sentenced to Up to 260 Years

The Permanent Trial-at-Bar has sentenced 15 individuals convicted in connection with the 2019 Easter Sunday terrorist attacks to rigorous imprisonment terms ranging from 200...

Fishing and Naval Communities Warned as Bay of Bengal Depression Intensifies

The Department of Meteorology has warned naval and fishing communities to avoid specified sea areas due to a depression over the northwest Bay of...

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Debt Servicing Risks Mount as Corporate Earnings Lose Ground

Sri Lanka’s corporate sector is confronting a growing debt-servicing...

Sri Lanka’s IMF Lifeline Raises Questions Over Economic Sovereignty

President Anura Kumara Dissanayake’s declaration at the economic summit...

Climate Shocks, Energy Risks Threaten Sri Lanka’s Fragile Recovery

Sri Lanka's economic recovery faces a dangerous combination of...

Houthis strike Aramco hours after Saudi-led coalition hits Sanaa oil site

AL JAZEERA The Houthis have targeted an administrative building belonging...
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