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Sheikh Abdullah Bin Mohammed Al Qassimi from the ruling family in UAE visited the BOI and Port City Colombo this week.

A Power Distribution Control Centre is to be set up for the WP South region 1 for the benefit of nearly 295,000 retail consumers and 626 bulk consumers with Indian Power Consortium assistance.

Russian Prime Minister Mikhail Mishustin met with Chinese President Xi Jinping and other officials during a visit to Beijing. China is Russia's biggest trading partner.

Japan remains the top market for Western investors in APAC while China hits a 10-year low.

Saudi Arabia and Sri Lanka have agreed to strengthen bilateral cooperation in several sectors of common interests.

The Sri Lanka Navy says its divers have recovered more bodies from a Chinese ship in the Indian Ocean, raising the number of bodies found by the Sri Lanka Navy to 14.

President Ranil Wickremesinghe will have talks with Japan’s Prime Minister Fumio Kishidavisit during a visit to Tokyo from 24 to 27 May 2023.

Concluding its visit to Sri Lanka, the International Monetary Fund (IMF) staff mission says the macroeconomic situation in the country is showing tentative signs of improvement, with inflation moderating, the exchange rate stabilizing and the Central Bank rebuilding reserves buffers.

At least 20 people died and several others were injured in a fire at the Mahdia Secondary School in the central Guyanese mining town of Mahdia, officials say.

The economic crisis has placed Sri Lanka among the 20 poorest countries in Asia.

A report published on Insider Monkey noted that while Sri Lanka is classified as a developing country, it is currently facing an economic crisis characterized by the devaluation of its currency, increasing inflation, and a humanitarian emergency caused by a severe scarcity of essential goods.

Sri Lankan divers have recovered the remains of seven crew members from a Chinese fishing vessel that capsized in the central Indian Ocean.

US President Joe Biden and top Republican Kevin McCarthy have called their latest talks on the debt ceiling productive but no deal has yet been reached.

The Deputy Assistant Secretary of State for South and Central Asian Affairs (DAS) Afreen Akhter DAS has shared details of the US $270 million in new support that the United States has delivered over the last year

The final report, prepared by Singapore’s Subana Jurong Company, concerning the development of the Western Province under the Metropolitan Development Project, will be submitted to Sri Lankan authorities within four months.

Mr. Atula Senaratne, the former professor of Geography Department of University of Peradeniya stated that NASA has identified the lowest point of gravity on the earth as the southern tip of Sri Lanka.

Monday, 22 May 2023 10:56

Schaffter’s body to be exhumed

Police Spokesman SSP Nihal Thalduwa has said that the body of businessman Dinesh Schaffter will be exhumed on Thursday (25) as per a court order for further investigations.

Greek Prime Minister Kyriakos Mitsotakis said his conservative party had unleashed a “political earthquake” with a thumping win in Sunday’s election but hinted that he would seek another election in order to secure an absolute majority that would allow the party to govern alone.

Ukraine's President Volodymyr Zelensky says that Bakhmut is completely destroyed - but has denied that Russia has won the bloody battle for the city.

Sea cucumber farming is a relatively new industry in Sri Lanka, but it has quickly gained popularity due to its potential for high profits.

Sri Lanka will be establishing an an Agricultural Modernization Secretariat to tackle the issues arising in the Agricultural Modernization Program aided by the World Bank on the directions of the President, high official sources announced.

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