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Sri Lanka is once again approaching a consequential economic debate. As the present programme with the International Monetary Fund moves towards its concluding stages, the country will inevitably have to confront a difficult question: should Sri Lanka seek a further arrangement with the IMF?
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The QR code-based fuel issuance system will continue without interruption, as the government has not taken any decision to discontinue the programme, Managing Director of the Ceylon Petroleum Corporation (CPC), Mayura Neththikumara, said.
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Sri Lanka’s return to upper-middle-income status has revived memories of an earlier promotion that proved short-lived, with the World Bank cautioning that the latest achievement remains vulnerable unless the country sustains reforms, strengthens growth and avoids the vulnerabilities that culminated in the 2022 economic crisis.
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The National Transport Commission (NTC) has begun islandwide inspections today (06) to ensure strict compliance with the newly revised bus fare structure, which came into effect with increases ranging from 12% to 20%.
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Authorities have reminded the public that flying kites or any other airborne devices above 300 feet within a five-kilometer radius of Sri Lanka’s international airports is strictly prohibited due to the serious risks posed to aviation safety and public security.
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Amazon Web Services (AWS) has notified its Sri Lankan customers that it will begin charging 18 percent Value Added Tax (VAT) on invoices for AWS cloud services and AWS Marketplace purchases, unless customers are VAT-registered and have submitted a valid Tax Registration Number (TRN) to the company.
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US President Donald Trump said Iran’s leaders were all within reach at the funeral for the late Supreme Leader Ayatollah Ali Khamenei, claiming ’’One shot [and we can take them all out]’’ but insisting he would not act because Washington still needed someone to negotiate with, as talks between the two sides were paused for a week during the mourning period.Speaking to Axios,
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President of the Commonwealth Lawyers’ Association (CLA), Steven Thiru, has urged the Sri Lankan Government to withdraw its proposed constitutional amendment seeking to extend the retirement age of judges of the Supreme Court and the Court of Appeal, warning that the move could seriously undermine judicial independence and public confidence in the justice system.
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A tense situation unfolded at the Negombo Prison on Sunday (05) as female and male inmates staged separate rooftop protests following a deadly clash between two groups of prisoners that left two inmates dead and dozens injured.
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’’It’s a pretty crazy feeling, honestly. Walking into the F1 paddock now... it’s just an incredible feeling,’’ said Yevan David after making history with a sensational second-place finish in the FIA Formula 3 Sprint Race at the iconic Silverstone Circuit.
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Minister Bimal Rathnayaka said that the government has ample funds to implement major infrastructure, education and development projects across the country, adding that the next phase of governance will focus on accelerating development in all sectors.
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The Chairperson of the Independent National Commission on Women, Ambassador Grace Asirwatham, together with the Commissioners, met with the Prime Minister to brief her on the progress made in operationalising the Commission.
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Three sons of slain Iranian leader Ayatollah Ali Khamenei prayed beside his coffin and those of four other family members on Sunday, but Mojtaba, the son who has succeeded him as Iran’s supreme leader, did not make an appearance.
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President Donald Trump marked the 250th anniversary of the United States on Saturday with a campaign-style speech that repeated his calls for new voting restrictions, warned that ’’communists’’ could gain ground in the country and cycled through what he touted as his achievements.