An independent group from the Colombo District has officially deposited their bond in preparation for the upcoming general elections. Suresh Chamara Nakandala submitted the bond at the Colombo District Secretary’s office.
Nominations for the elections will be open from October 4 to October 11, with voting scheduled for November 14.
Sri Lanka has made significant progress in its debt restructuring efforts, finalizing a key agreement in September 2024 with international sovereign bondholders (ISBs) and bilateral creditors, including China, India, and Japan. This agreement marks a crucial step in the country’s economic recovery following its 2022 sovereign default and the subsequent economic crisis. International Sovereign Bonds…
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…
The Department of Meteorology has issued a ‘Red’ warning for strong winds and rough seas for naval and multi-day fishermen communities in the Arabian Sea and Bay of Bengal. As per the warning, very strong winds of about 70-80 kmph, and very rough seas are likely over the Arabian Sea area and Bay of Bengal…
Fear gripped roughly 100 Rohingya refugees in Sri Lanka as they protested outside the UN refugee agency’s office on Tuesday. With the agency’s closure looming at year’s end, their basic living allowance and prospects for permanent resettlement hang precariously in the balance. These refugees, mostly rescued at sea while fleeing Myanmar’s brutal crackdown, haven’t found…
Sri Lanka is accelerating its push for free trade agreements (FTAs) with key regional and global partners, aiming to finalize deals with India, Indonesia, Malaysia, Vietnam, and China by the end of 2024. This ambitious plan, announced by Foreign Affairs Minister Ali Sabry, seeks to boost the nation’s economic growth and competitiveness by opening up…
Iran’s volleys of missiles against Israel represent the latest, and starkest, escalation in tensions in the region. The U.S. and others have worried that Israel’s military operations in Lebanon, Syria and the Gaza Strip over the last several months could plunge the region into a wider war and drag the West directly into another major…
