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The United States District Court in the Southern District of New York has set dates to hear the lawsuit filed by Hamilton Reserve Bank seeking payment of defaulted International Sovereign Bonds (ISBs) on April 20, following a failed attempt to get the case dismissed by the Sri Lankan government.
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The International Monetary Fund (IMF) slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic worries and geopolitical strains.
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Environmental lawyer Dr. Jagath Gunawardana, while questioning the government’s recent decision to appoint a committee to study the export of 100,000 Toque monkeys to China, said that the current legal provisions do not permit the export of animals.
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Finance Ministers of the three creditor countries-India, Japan and France will hold a press briefing in Washington on Thursday to announce Sri Lanka’s debt restructuring negotiations process, the IMF has announced
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While welcoming the decision by the Federation of University Teachers’ Union (FUTA) to suspend its trade union action, the Education Ministry requested members to intervene in the starting of the evaluation of Advanced Level (A/L) answer scripts.
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A report submitted by the Hector Kobbekaduwa Agricultural Training and Research Institute showed that the wild animal population in the country had increased in an unsustainable manner compared to the existing forest density, the Agriculture Ministry said.
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Additional private buses will be assigned during the new year season following the requirements of the National Transport Commission (NTC) and the Road Passenger Transport Authority (RPTA), the Lanka Private Bus Owners’ Association (LPBOA) said today.
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In view of the proposed ferry service between KKS and Pondicherry, India, the Sri Lanka Navy (SLN) had been working on the development of infrastructure facilities of the harbour since February, the SLN said in a media release.
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The Elections Commission is facing a debt of Rs.375 million which it has to pay to private contractors for the orders it had already placed for the Local Government Elections which was to be held on March 9 but was subsequently postponed due to the lack of funds, the Daily Mirror learns.
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Internal issues of Samagi Jana Balwegaya (SJB) and crossovers are not the most important issues at the moment as there are greater issues that have to be focused on, such as violation of the IMF agreement, SJB MP Chief Opposition Whip Lakshman Kiriella said yesterday
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Isipathana College, the kings of schools rugby, continued their dominance as they lived upto expectations and added another trophy to their collection when they clinched the Under 19 Schools Rugby 7s title with a comfortable 19 points to 10 win over St. Peter’s Colelge in the Cup final played at the Royal Sports Complex in Reid Avenue today.
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Claiming that the Sri Lanka Podujana Peramuna (SLPP) is yet to name its Presidential Candidate, SLPP General Secretary Sagara Kariyawasam said today Basil Rajapaksa was an ideal candidate who functioned as the Economic Development Minister when making Sri Lanka one of the fastest developing countries in the world.