Carbon tax imposed on motor vehicles

Second review of IMF-Supported Program for Sri Lanka begins

The second review of the International Monetary Fund (IMF)-Supported Program for Sri Lanka began, Thursday. State Minister of Finance Shehan Semasinghe said that the IMF 2nd review commenced with an opening meeting with President Ranil Wickremesinghe. “This marks an important milestone in our ongoing efforts to enhance stability and economic growth,” the State Minister said. He said Sri Lanka expects to conclude a successful review and reach the staff level agreement which will pave the way f

07 Mar, 2024

Ship with two Sri Lankans hit by Houthi missile killing three seafarers

A Red Sea merchant ship with two Sri Lankans was hit by a Houthi missile killing three seafarers, Reuters reported quoting the U.S. Central Command (CENTCOM). This was the first fatalities reported since the Iran-aligned Yemeni group began strikes against shipping in one of the world’s busiest trade lanes. The Houthis claimed responsibility for the attack, which set the Greek-owned, Barbados-flagged ship True Confidence ablaze around 50 nautical miles off the coast of Yemen’s port of Aden. In

07 Mar, 2024

Maithripala to file action under Online Safety Act

Former President Maithripala has decided to file action against the media under the Online Safety Act. Sirisena told Parliament that it was a good thing that Sri Lanka now has an Online Safety Act. He accused some media of character assassination using reports over a house he was staying in. The former President said that the media had misreported matters related to the house. As a result, the former President said that he will file action against those media institutions under the Online Sa

07 Mar, 2024