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.
Steps are being taken to launch the Sinovac vaccine as a final product in Sri Lanka, State Minister of Production, Supply, and Regulation of Pharmaceuticals Prof. Channa Jayasumana said.
The Chairman of the National Movement for Social Justice Karu Jayasuriya says that the government should not gamble with the lives of the people and must take steps to save the country which is on the verge of bankruptcy.
Former Prime Minister Ranil Wickremesinghe plans to reintroduce the 19th Amendment to the Constitution which was replaced by the 20th Amendment by the incumbent government.
An international human rights group has alleged that Tamils continue to be abducted in white vans and interrogated in blood-stained torture chambers by both police and army even though it has been twelve years since the end of the civil war in Sri Lanka.
