Sri Lanka has apprised the European Union (EU) of progress in specific areas of reconciliation, as part of its regular engagement and dialogue with the organisation.
SLPP National Organiser Basil Rajapaksa's entry to parliament has deepened the rift between certain factions within the ruling alliance, it is learnt.
The Chairman of the National Movement for Social Justice Karu Jayasuriya has requested President Gotabaya Rajapaksa to consider granting a presidential pardon to Ranjan Ramanayake.
Sri Lanka's largest banks are the most susceptible to heightened sovereign risk due to their higher exposure to foreign-currency denominated government securities and, in some cases, weaker capital positions, says Fitch Ratings in a new report.
A leading organisation fighting against enforced disappearances warns that the recent abduction of a social activist, carried out by a group clad in plain clothes during the night, could be the beginning of a new wave of disappearances in Sri Lanka.
The Central Bank has printed the highest amount of money recorded in a single day to bridge a budget hole, amid shrinking tax income, largely due to virus-related lockdowns and increased expenditure to contain the virus.
President's Secretary Dr. P.B. Jayasundera has instructed all ministry secretaries to inform their respective ministers to provide justifiable reasons if any changes are to be made to positions of Chairmen and Board of Directors approved by the President.
The Sri Lankan government’s pardon of 16 prisoners convicted under the Prevention of Terrorism Act (PTA), however welcome, does not address the urgent need to repeal the draconian law, Human Rights Watch said today.
Japan's famously hard-working salarymen — and, increasingly, salarywomen — are to be encouraged to reduce the amount of time they spend in the office environment as part of the government's initiative to improve the nation's work-life balance.
Despite the government's claim that it has made it a priority to attract investments instead of borrowing from foreign nations, Sri Lanka is seeking foreign inflows of around USD 3.95 billion by the end of August to manage the country's debt service obligations mainly through SWAP facilities, it is learnt.
