As anticipated, Sri Lanka’s newly elected president, Anura Kumara Dissanayake, took decisive action on Tuesday, dissolving ...

Central Bank Governor Dr. Nandalal Weerasinghe stated that there will be no change in the decision to import vehicles. Speaking at a Central Bank news conference today, he confirmed that the bank ...

Russia, together with BRICS countries, is working on creating its own payment system for the independent handling of all foreign trade, Russian President Vladimir Putin announced.

Colombo, September 27: The ardent desire of the people of Sri Lanka for a change became evident from the phenomenal rise of Janatha Vimukthi Peramuna (JVP) led National People’s Power (NPP) from a ...

An underground Metro rail system like in New Delhi, Mumbai, Dhaka (Bangladesh), Kyiv is ideal for Colombo. The advantage of Metros is that they are linked with the existing railway system. The Metro ...

Sri Lanka’s new president called on Wednesday for restarting talks with the IMF “immediately” over a $2.9 billion bailout that threw a lifeline to his bankrupt country but imposed painful austerity.

Abeysekara also claimed that a top military intelligence official had testified before the Presidential Commission ...

It is a gigantic project – it is like building of our ‘Bridge on the River Kwai’. (The Talaimannar Pier – Picture by Chanaka ...

President Anura Kumara Dissanayake has directed relevant officials to allocate the luxury vehicles used by previous governments exclusively for essential services, according to the President’s Private ...

President Joe Biden congratulated President Dissanayake on taking office, reflecting Sri Lanka’s strategic importance in the competition between the U.S. and China. President Joe Biden took to X, ...

President Anura Kumara Dissanayake has instructed the Treasury to provide a fertilizer subsidy of Rs. 25,000 per hectare to paddy farmers for the Maha season of 2024/25, the President’s Media Division ...

The reluctance to adopt electronic payments can be attributed to several factors, including concerns about union resistance and potential political backlash. However, the continued reliance on ...