Six suspects including father of hotel bomber further remanded

Sri Lanka calls for debt-restructuring proposals from dealer managers

Sri Lanka has called for proposals from dealer managers to support its restructuring of some $12 billion of international bonds, the Finance Ministry said on Thursday, in a fresh sign that the island nation is closing in on finalizing its debt rework. Sri Lanka defaulted on its foreign debt in May 2022 as the economy sank into its deepest financial crisis in decades due to a severe shortfall of dollars. The government was expected to start formal restructuring talks with bondholders this week.

28 Mar, 2024

Namal replaces Basil as SLPP National Organiser

MP Namal Rajapaksa has been appointed as the National Organiser of the Sri Lanka Podujana Peramuna (SLPP) replacing former Finance Minister Basil Rajapaksa. The appointment was made by the SLPP Executive Committee which met at former President Mahinda Rajapaksa?s official residence in Colombo. Speaking to reporters later, Namal Rajapaksa said that Basil Rajapaksa will continue to lead the election campaign of the SLPP. Namal Rajapaksa said that that SLPP is prepared to face any election altho

27 Mar, 2024

Vouchers for Sri Lankan school girls to purchase sanitary napkins

The Government is to provide vouchers for Sri Lankan school girls to purchase sanitary napkins, the Education Ministry said. Education Minister Susil Premajayantha said that the new program will be launched after the Sinhala and Tamil New Year. The Minister said the voucher will be priced at Rs. 1200 and the girls will be able to use it to purchase sanitary napkins. He said the program will ensure the health of the girls are protected and that their requirements are also met. The Minister sa

27 Mar, 2024