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The Cabinet of Ministers has approved the proposal for the restructuring of international sovereign bonds by way of swapping existing bonds for new bonds in accordance with the parameters indicated in the debt sustainability analysis conducted by the International Monetary Fund (IMF). MORE..

26 Nov 2024 (12:50 PM)

Colombo Additional Magistrate Manjula Ratnayake has ordered the issuance of an arrest warrant against Jaffna District Independent Member of Parliament Archchuna Ramanathan, through the Senior Superintendent of Police (SSP) in Jaffna. MORE..

26 Nov 2024 (3:38 PM)

The Police Special Task Force (STF) has arrested two individuals who were in the possession of a total of more than 86 kilograms of narcotic substance in the Watareka area in Padukka. MORE..

26 Nov 2024 (5:33 PM)

The Steering Committee of the Ad Hoc Group of Sri Lanka Bondholders has announced its support for the restructuring terms of all 11 series of Sri Lanka s c.$12.55 billion in outstanding sovereign bonds, as detailed in Sri Lanka s Exchange Offer and Consent Solicitation Memorandum published today. MORE..

26 Nov 2024 (7:13 PM)

The Local Consortium of Sri Lanka (LCSL), comprised of domestic commercial banks and financial institutions, has committed its full support for the Exchange Offer and Consent Solicitation launched today by the Government of Sri Lanka to restructure the US$12.55bn in outstanding International Sovereign Bonds (ISBs).. MORE..

26 Nov 2024 (7:54 PM)

Deputy Minister of Economic Development Prof. Anil Jayantha Fernando clarified the procedure for importing vehicles in the future, emphasizing the role of foreign reserve limitations in the process. MORE..

26 Nov 2024 (4:08 PM)