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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)

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 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)

President-elect Donald Trump on Monday pledged big tariffs on the United States three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars. MORE..

26 Nov 2024 (2:33 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)