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China has written off an unspecified amount of Zimbabwe s interest-free loans and pledged to help the Southern African country find a way out of its debt crisis, even as activists warned of a permanent debt trap. MORE..

20 Apr 2024 (10:47 AM)

The distribution of fortified rice, supplied by the World Food Program (WFP) on behalf of the program initiated under the instructions of President Ranil Wickremesinghe, to provide a nutritious meal for schoolchildren, commenced today, (19) at the Veyangoda warehouse complex. MORE..

20 Apr 2024 (12:59 AM)

Japan s benchmark Nikkei Stock Average on Friday morning fell as much as 1,346.7 yen, or 3.5%, from the previous day s close as market players reacted to reports of Israel striking Iran with missiles. MORE..

19 Apr 2024 (7:26 PM)

State Minister of Finance Shehan Semasinghe says that the government is confident of reaching resolution with commercial creditors and the private bondholders which will enable Sri Lanka to be a debt sustainable country, as the engagements with them are underway. MORE..

19 Apr 2024 (6:07 PM)

Sri Lanka has participated in the Global Sovereign Debt Roundtable (GSDR) in Washington DC, which brings together debtor countries and creditors, in a bid to build greater common understanding among key stakeholders on debt sustainability, debt restructuring challenges and ways to address them. MORE..

19 Apr 2024 (3:19 PM)

A woman who was traveling on a motorcycle has been killed in an accident that occurred after her handbag was caught on the body of a lorry passing by. MORE..

20 Apr 2024 (2:53 PM)