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Sri Lanka Gears Up for Second IMF Review: “A Crucial Step Towards Economic Stability” – State Minister Shehan Semasinghe
The second review of the International Monetary Fund program begins today.A team of IMF officials are scheduled to visit Sri Lanka to assess the country’s progress. The visit aims to pave the way for the release of the third loan tranche from the International Monetary Fund.The officials are expected to meet President Ranil Wickremesinghe, along…
Ukraine fires several US-made longer-range missiles into Russia for the first time
Ukraine fired several American-supplied longer-range missiles into Russia, officials said Tuesday, marking the first time Kyiv used the weapons that way in 1,000 days of war. The use of the Army Tactical Missile System, known as ATACMS, came as Russian President Vladimir Putin formally lowered the threshold for using nuclear weapons, opening the door to…
Cabinet Approves Special Bill for Re-registration of Companies
The Cabinet has approved to introduce a special bill for the re-registration of companies incorporated or registered under the Companies Act. The operations, procedures, and other requirements related to companies operating in Sri Lanka are outlined under the Companies Act No. 7 of 2007. As of March 31, 2024, there are approximately 199,484 companies incorporated…
Sumanthiran Urges Disclosure of Politicians Involved in Liquor Licensing
M.A. Sumanthiran, former MP and spokesperson for the Ilankai Tamil Arasu Katchi , has urged the government to reveal the names of politicians involved in the distribution of liquor licenses during the previous administration. Speaking at a press conference in Colombo, he emphasized the importance of transparency amid rising concerns over the proliferation of liquor…
Sri Lanka Police Enhance Efforts to Combat Cyber Abuse Through International Collaboration
Sri Lanka police arrested an 18-year-old resident of Colombo who had been sexually abusing his cousin for two years and uploaded the footage of the abuse to Google Drive. The police said that the arrest was made using a new method introduced by the Google company to the Sri Lanka Police to easily identify people who…
Shanmugam Kugathasan sworn in as Member of Parliament
Kathiravelu Shanmugam Kugathasan of the Illankai Tamil Arasu Kadchi (ITAK) was sworn in as a Member of Parliament this morning (09). He took oaths before Speaker Mahinda Yapa Abeywardena soon after the parliamentary proceedings commenced. Last week, the Election Commission had named Kuhadasan to fill the parliamentary seat that fell vacant following the passing of…