President Anura Kumara Dissanayake is expected to make his first official overseas visit to New Delhi after the November 14 Parliamentary Election.
The visit will follow an invitation from Indian External Affairs Minister Dr. S. Jaishankar, who arrives in Colombo today.
Jaishankar’s visit emphasizes India’s commitment to strengthening ties and will focus on Indian-funded projects in Sri Lanka.
Sri Lanka’s debt restructuring efforts have reached a crucial juncture as negotiations with international creditors intensify. The country’s crippling debt burden, which stands at a staggering 129% of its GDP, has been a major factor in the ongoing economic crisis. In recent weeks, there have been encouraging signs of progress towards a comprehensive debt restructuring…
The Cabinet of Ministers has granted approval to publish the revised Online Safety Bill in the government gazette and to table it in Parliament. In line with the decision given by the Supreme Court on the draft bill on the security of online methods known as ‘Online Safety Bill’, and subsequent to being passed in…
A Brazilian court has decided to uphold an Italian court’s rape conviction for the former Milan and Brazil striker Robinho, and that the former star player must serve his nine-year prison sentence in Brazil. The trial in Brazil’s superior court of justice (STJ), the country’s top court for non-constitutional matters, had a majority rule that…
The government has decided to impose taxes on 14 additional sectors, announced State Minister of Finance, Dr. Ranjith Siyambalapitiya. Among these sectors are large-scale private tutoring classes, private schools, private medical service centers, engineering service centers, and mining services. State Minister Siyambalapitiya stated that the Inland Revenue Department will conduct thorough investigations into the income…
by Arundathie Abeysinghe Colombo (AsiaNews) – India is trying to secure exploration rights for a cobalt offshore deposit that could fall under Sri Lanka’s jurisdiction. New Delhi is driven by competition with Beijing, but Colombo also wants to extract minerals that are crucial for modern technologies, including for the energy transition. Cobalt is in fact…
The International Monetary Fund (IMF) emphasized that Sri Lanka’s upcoming presidential elections are for the people to decide. During a press briefing, Julie Kozack, the IMF’s Spokesperson, explained that discussions on the next review of Sri Lanka’s economic program will take place after the elections, once a new government is in place. Kozack reiterated that…
