Gammanpila’s travel ban temporarily lifted

World Bank says Sri Lanka still faces elevated poverty levels

Sri Lanka still faces elevated poverty levels, income inequality, and labor market concerns, says the World Bank’s latest bi-annual update. The World Bank also said that Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. Released today, the?Sri Lanka Development Update,?Bridge to Recovery,?highlights that Sri Lanka saw declining inflation, higher revenues on the back of the implementation of n

02 Apr, 2024

Sri Lanka thrash Bangladesh by 192 runs to sweep Test series 2-0

Sri Lanka have boosted their chances of reaching next year’s ICC World Test Championship final with an emphatic 192-run victory over Bangladesh in the second Test in Chattogram. The Asian side wrapped up the win during the opening session on the fifth day of the final Test of the two-match series, with Khaled Ahmed the final Bangladesh batter to fall at Zahur Ahmed Chowdhury Stadium as Sri Lanka clinched a comfortable 2-0 series sweep. The victory sees Sri Lanka overtake Pakistan and move up t

03 Apr, 2024

Four wide-body aircraft to be leased by Sri Lanka

Sri Lanka is to lease four wide-body aircraft from ORIX Aviation and Aergo Capital Limited. Cabinet Spokesman Bandula Gunawardena said that the Cabinet of Ministers granted approval to the proposal furnished by the Minister of Ports, Shipping, and Aviation Services Nimal Siripala de Silva to award the contract to lease four wide ? body aircraft for Sri Lankan Aviation Company Limited. Accordingly, two aircraft will be leased from ORIX Aviation for a monthly lease of USD $ 360,000 for a period

02 Apr, 2024