The UNDP reaffirmed its commitment to supporting the government’s reforms, anti-corruption efforts, and increasing women’s participation in both the economy and Parliament, said the PMD.

Representatives of the Qatar Sri Lanka Business Council (QSBC) and the Export Development Board (EDB) of Sri Lanka engaged in discussions on fostering trade relations and exploring investment opportunities between the two countries. The meeting was held virtually on 09 October 2024.

The Attorney General informed the Supreme Court today that the new Cabinet has decided to reassess the Adani Wind Power Project in Mannar.

Sri Lanka has decided to apply for the membership of the BRICS and the New Development Bank.

World Food Programme (WFP) representatives agreed to continue their on-going programmes in Sri Lanka through the World Food Programme, ensuring no disruptions, the President’s Media Division (PMD) said.

In China, people are following the US election with keen interest and some anxiety. They fear what could happen next at home and abroad, whoever wins the White House.

Four soldiers have been killed and more than 60 other people injured in a drone strike targeting an army base in northern Israel, the Israel Defense Forces (IDF) has said.

Sri Lanka banks have maintained $ 3.7 billion with financial institutions abroad by the end of Q2 of 2024, which enabled them to meet foreign currency requirements despite shortages in the domestic market, Central Bank revealed.

Sri Lanka is preparing to resume discussions on the US $ 2.9 billion bailout programme with the International Monetary Fund (IMF) during the IMF and World Bank Group Annual Meetings in Washington later this month.

A large-scale fraud involving the import of electric vehicles worth millions of rupees under special permits granted to expatriate workers has been uncovered, according to the National Audit Office.

The state-run Thriposha factory in Sri Lanka is facing a potential shutdown due to a shortage of essential grains like corn and soya.

The New Administration is taking a significant step toward reforming its tax system by focusing on taxing wealth and property, aiming to benefit lower-income groups.

Sri Lanka is in discussions with New Delhi to adopt India's PM GatiShakti National Master Plan, an integrated project planning tool that has successfully cleared infrastructure projects worth over INR 15 trillion since its launch three years ago.

King Charles has confirmed that it is up to the Australian people to decide whether the country remains a constitutional monarchy or becomes a republic.

Kamala Harris has released her medical records, which concluded she is in "excellent health" and fit for the presidency.

Political review of the week

Power Shifts and Election Dynamics: Sri Lanka’s Political Landscape amidst China’s Growing Influence

By Rohana Jith

Boeing will axe its workforce by a tenth - cutting 17,000 jobs - and delay production as the aeroplane maker deals with issues across its business.

US President Joe Biden has said he is "absolutely, positively" urging Israel to stop firing at UN peacekeepers during its conflict with Hezbollah in Lebanon, following two incidents in 48 hours.

Weekly Economic Review

By Rohanajith

The government is investigating 37 UK-linked businesses for potentially breaking Russian oil sanctions - but no fines have been handed out so far, the BBC can reveal.