UNP decides to pick Ranil as presidential candidate

Bilateral creditors and Sri Lanka to sign debt deals in France

Bilateral creditors and Sri Lanka will sign long-delayed debt deals in France, Wednesday, the Government announced. Sri Lanka has finalised long-delayed debt deals with its bilateral lenders including China to meet a key condition of an IMF bailout, the Government said on Tuesday (Jun 25), according to AFP. A treasury delegation is on its way to France to sign agreements with creditors on Wednesday, government spokesman Bandula Gunawardana said. Sri Lanka defaulted on its foreign debt in Apri

25 Jun, 2024

Sri Lanka’s election commission directs authorities to prepare for polls

Sri Lanka’s election commission has asked authorities to prepare for the Presidential election in the coming months. The election commission had earlier declared that the presidential polls would be held somewhere between September 17 and October 16. A statement from the commission quoted the chairman of the Election Commission R M A L Rathnayake saying that all relevant government institutions for logistics and preparations including manpower, vehicles, polling stations and printing. News po

29 Jun, 2024

Iran smuggles aircraft heading to Sri Lanka

Iran smuggled two aircraft that were flying out of Lithuania and heading to Sri Lanka and the Philippines. According to the Jerusalem Post, two Airbus A340s, leased by the Gambian company Macka Invest, were due to fly to South Asia in February. As per the latest reports, these aircraft ended up in Iran instead of reaching their final destinations, causing major concern among the Lithuanian authorities. Interestingly, the aircraft?s transponders?which enable them to be identified on air traffi

23 Jun, 2024