Debt-hobbled Sri Lanka risks running out of options
Sri Lanka paid a US$1 billion bond last week, but the alarming state of its finances suggests it may have been just another step towards its first sovereign default.
Sri Lanka paid a US$1 billion bond last week, but the alarming state of its finances suggests it may have been just another step towards its first sovereign default.
Health experts have warned Sri Lanka of an impending COVID-19 Delta variant outbreak in the coming months if the public fails to take necessary precautions and if they are not fully vaccinated.
Former Prime Minister and the Leader of the United National Party (UNP) Ranil Wickremesinghe on Monday (02) filed a petition at the Court of Appeal seeking a writ order be made, making void the recommendations made against him by the Presidential Commission of Inquiry (PCoI) on Political Victimisation.
The cable car project from Nanu Oya to Nuwara Eliya that was to be initiated as a further step towards increasing the tourist attraction in the Nuwara Eliya District has come under heavy criticism for irregularities where a government bigwig is allegedly seeking millions of euros in commissions, government sources said.
Veteran actress Hyacinth Wijeratne has passed away following a road accident at Lindula, Thalawakele on Friday (29) night.
President Gotabaya Rajapaksa has backtracked on his decision to not appoint candidates who were defeated at the last general election to top posts in the government.
A leading fisheries trade union leader alleges that millions paid to compensate fishermen for the damages caused by the X-Press Pearl ship is being used in a manner that creates disharmony among the fisher community.
The Civil Aviation Authority of Sri Lanka (CAASL) has granted permission for all passenger airlines arriving in Sri Lanka to carry fully vaccinated passengers without any limitation of passenger numbers per flight.
A reshuffle of Provincial Governors is likely to happen in the near future, informed government sources said.
Sri Lanka was able to gain independence due to the joint efforts of all communities irrespective of their ethnic or religious backgrounds, Suha Farook said.