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Sri Lanka may reach a deal with investors to restructure its $12 billion in defaulted global bonds by mid-May, according to strategists at Standard Chartered. MORE..

17 Apr 2024 (10:28 PM)

The Colombo District Court ordered the interim injunction issued preventing former President Maithripala Sirisena from functioning as the Chairman of the Sri Lanka Freedom Party (SLFP) to be extended until May 09. MORE..

18 Apr 2024 (12:06 PM)

The Sri Lanka Army, on the directions of the Ministry of Defence, has declared a General Amnesty for all Army absentees, enabling them to receive an official discharge from their service. MORE..

18 Apr 2024 (2:18 PM)

The Government of Sri Lanka says it hopes to continue discussions with the bondholders with a view to reaching common ground ahead of the International Monetary Fund (IMF) board consideration of the second review of Sri Lanka s Extended Fund Facility (EFF) program. MORE..

17 Apr 2024 (7:30 PM)

The Department of Meteorology has issued a weather alert for extreme heat in parts of the island tomorrow (18). MORE..

17 Apr 2024 (6:35 PM)

The International Monetary Fund (IMF) stands ready to support Sri Lanka s discussions with international bondholders and will provide a formal assessment after the parties reach a tentative agreement-in-principle, an IMF spokesperson said on Thursday. MORE..

18 Apr 2024 (2:03 PM)