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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)

Sri Lanka s new president, Anura Kumara Dissanayake, should address the country s many human rights problems by fulfilling and building upon pledges he made in recent election campaigns, Human Rights Watch has said in a letter to the president. MORE..

26 Nov 2024 (7:27 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 Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to implement a single policy interest rate mechanism, the Overnight Policy Rate (OPR), transitioning from its dual policy interest rate mechanism with effect from today (27 November). MORE..

26 Nov 2024 (11:38 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 National Building Research Organisation (NBRO) has issued a Level 3 (Red) Landslide Early Warning for several divisional secretariat divisions (DSDs) in Kandy, Matale and Nuwara-Eliya districts urging the residents of these areas to evacuate to safer locations. MORE..

27 Nov 2024 (12:11 AM)