Sunshine Holdings PLC disclosed that that the International Finance Corporation (IFC), a member of the World Bank Group, has agreed to invest an amount of up to Rs. 3.27 billion in fully owned subsidiary Sunshine Healthcare Lanka Ltd.

The Sri Lanka Climate Summit 2024, organised by the Ceylon Chamber of Commerce, will be inaugurated by President Ranil Wickremesinghe, under the theme ‘Code Red: Climate risks and opportunities for Sri Lankan businesses’ on 7 May at the Shangri-La Hotel, Colombo.

The United States has once again assured their fullest support to Sri Lanka in the debt restructuring process, State Minister of Finance Shehan Semasinghe said.

The Department of Government Information, in response to allegations over the outsourced online visa application process, said it had been given to VFS Global, a company with 146 centres across the globe after proper study into the matter and approval by the Cabinet.

Sri Lanka’s gross official reserves (GOR) stood at USD 5 billion by the end of March 2024, recording a notable increase compared to USD 4.4 billion at the end of 2023.

Recognising the economic and ecological importance, the Government aims to transform Mirissa into a Blue Flag Coastal Zone and a Marine Wildlife Sanctuary aligning with international standards.

Minister of Foreign Affairs of Japan Yoko Kamikawa is scheduled to undertake an official visit to Sri Lanka from 04 to 05 May 2024, the Ministry of Foreign Affairs said.

The Draft Bill of the Recovery of Loans by Banks (Special Provisions) Act, allowing for the temporary suspension of the Parate Law will be taken up for debate in Parliament on 7 May.

The Ministry of Defense announced that a US research ship was denied permission to conduct research activities in the Sea of Sri Lanka.