By Rohana Jith

SL economic reforms gets underway amidst the US pledge of extending advice at the moment

Sri Lanka has not met 30% of its due commitments to the IMF programme by the end of April 2024, which translates to a total of 19 unfulfilled obligations, according to a report by Verité Research.

Sri Lanka welcomed over 46,000 international tourists for the first 12 days of May, a drop in momentum due to the start of the off peak season.

On a positive note, SLT-Mobitel witnessed an increase in Profit after Tax when compared to the previous quarter (Q4 2023), driven by improved EBITDA and operating profit, as well as forex gains and reduced interest costs.

At least 50 people have died in flash floods triggered by heavy rains in central Afghanistan, officials have said.

Tyson Fury suffered a split-decision points defeat on a dramatic night in Saudi Arabia as Oleksandr Usyk became boxing's first four-belt undisputed heavyweight champion.

US President Joe Biden is ramping up tariffs on Chinese-made electric cars, solar panels, steel and other goods.

Singapore's long-serving Prime Minister Lee Hsien Loong is stepping down, marking the end of a political era for the island nation.

S. Assistant Secretary of State for South and Central Asian Affairs, Donald Lu says it is important that Sri Lanka must have a functional truth and reconciliation program in place.

Several senior members of the Executive Committee of the Bar Association have sought an explanation as regards a study undertaken by a five-member group, including two President’s Counsels, on behalf of JICA, allegedly without following proper procedure.

A leading hotel in Derby, in the United Kingdom - Cathedral Quarter Hotel - has been sold to a Sri Lankan company, Derbyshire Live news agency reported.

Startling revelations have surfaced as to how Ceylon Electricity Board (CEB) has offered a solar project tender to the highest bidder and created a loss of several billions of rupees in the process to the national coffers.

Strategically placed SL's economic recovery is essential for stability in the Indo-Pacific region, Japanese Foreign Minister Yoko Kamikawa said Saturday, urging Colombo to swiftly restructure its foreign debt.

Every day, with bare hands, Rukmini Baburao Kumbhar, collects around 50kg (eight stone) of fresh cow dung.

A year after undergoing a world-first treatment for glioblastoma, Australian doctor Richard Scolyer remains cancer-free.

Information has been uncovered regarding a large-scale racket of illegally importing shoes manufactured in foreign countries and selling them within Sri Lanka.

United States’ Assistant Secretary of State for South and Central Asian Affairs, Donald Lu, called on President Ranil Wickremesinghe last night (13) at the Presidential Secretariat in Colombo.yesterday

Earnings from tourism displayed continued strengthening despite some softening from March. Arrivals eased last month but the momentum persists, projecting robust earnings from the trade which once saw a prolonged decline due to repeated crises from 2019 onwards through 2022.

Sri Lanka is now enduring a legislative transformation by introducing a series of new laws and amending prevailing ones taken into account on past experiences for future actions and performances, Finance Ministry sources acknowledged.

Central Bank Governor Nandalal Weerasinghe has given a loud and clear message to the nation emphasising the need of sustaining the stability achieved through decisive policy adjustments and structural reforms in the short term following the economic downturn in 2022.