US envoy and Fonseka discuss Sri Lanka?s political environment

Party leaders slam CB officials over pay hike

Political party leaders slammed officials of the Central Bank, including the Governor, for increasing the salaries of bank officials at a time when the country is still recovering from an economic crisis. Central Bank Governor Nandalal Weerasinghe and senior bank officials were summoned for a party leaders meeting in Parliament on Tuesday. According to the Parliament communications unit, the Central Bank was told that while it can operate independently it cannot decide on salary increments. H

05 Mar, 2024

EU regional conference in Sri Lanka to support Indo-Pacific maritime safety and security

Over 100 senior officials and representatives from over 60 agencies and authorities across the Indo-Pacific region, together with other regional actors, are in Colombo for a conference hosted by the EU to support Indo-Pacific maritime safety and security. The conference from 5-7 March 2024 is to consolidate and enhance the governance of IORIS, the Indo-Pacific regional information sharing platform designed to facilitate coordination and exchange of information to respond effectively to maritime

05 Mar, 2024

Auctioning of SriLankan Airlines postponed

The decision to auction SriLankan Airlines, the national carrier of Sri Lanka, has been put on hold and the Treasury is to pump money into the airline for 6 months, Minister of Ports, Shipping and Aviation Nimal Siripala de Silva said. He said that the restructuring of SriLankan Airlines was postponed on a recommendation made to the Government that it first settle the outstanding debts of the airline. Accordingly, the Cabinet has decided to release funds from the Treasury for 6 months to manag

05 Mar, 2024