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Former Deputy Governor of the Central Bank of Sri Lanka (CBSL) Dr. W.A. Wijewardena is of the view that the government is constrained by its agreement with the International Monetary Fund (IMF) and the benchmarks set by the Economic Transformation Act, making it challenging to achieve the targeted revenue of 15.1% of GDP this year. MORE..

11 Feb 2025 (8:50 AM)

The Leader of the Opposition, Sajith Premadasa slammed the government s handling of the ongoing power crisis, highlighting the fragility of the national grid as the root cause of frequent outages. MORE..

11 Feb 2025 (10:33 AM)

The Cabinet of Ministers has approved call for expressions of interest for the identification and selection of suitable investors for the development and expansion of the Sapugaskanda oil refinery complex. MORE..

11 Feb 2025 (4:35 PM)

Island-wide power cuts will be implemented today (11) as well, as a result of an issue which arose at the Norochcholai Coal Power Plant, where the automatic protocol system has disconnected all three generators. MORE..

11 Feb 2025 (8:59 AM)

Hungarian-American billionaire George Soros organisations received $260 million from the US Agency for International Development (USAID) to influence political affairs and destabilise multiple nations, including India and Bangladesh, according to a news report. MORE..

11 Feb 2025 (2:47 PM)

The Cabinet of Ministers has granted approval to make nearly 7,500 recruitments to several government institutions based on the recommendations of the committee appointed to review recruitment process of the government service and management of the staff. MORE..

11 Feb 2025 (4:38 PM)