Political and Social News
Sri Lanka’s inflation eases to 2.5% in March 2024
The overall rate of inflation as measured by the National Consumer Price Index (NCPI) on Year-on-Year basis has been decreased to 2.5% in March 2024, compared to 5.1% in February 2024, the Department of Census and Statistics (DCS) revealed in its latest report.
Air Seychelles and SriLankan Airlines announce codeshare partnership
Air Seychelles, the Republic of Seychelles’ national airline and Sri Lankan Airlines, the flag carrier of Sri Lanka, have announced a new code-sharing partnership, expanding the number of destinations accessible to customers from the paradise islands flying between Mahe and Colombo.
Sri Lanka participates in Global Sovereign Debt Roundtable
Sri Lanka has participated in the Global Sovereign Debt Roundtable (GSDR) in Washington DC, which brings together debtor countries and creditors, in a bid to build a greater common understanding among key stakeholders on debt sustainability, debt restructuring challenges and ways to address them.
IMF Optimistic of Sri Lanka debt restructure despite London talks setbacks
Despite setbacks in private creditor debt restructuring, IMF says it is hopeful that a conclusion can be reached, soon.
Restructuring Unit insists SOE reforms are non-negotiable
The SOE Restructuring Unit (SRU) yesterday insisted that reforms involving State-owned enterprises are “non-negotiable” and efforts are underway to transform these entities for the better.
SriLankan Airlines elevates ground handling at Katunyake airport
Ports, Shipping and Aviation Minister Nimal Siripala de Silva and SriLankan Airlines Chairman Ashok Pathirage inaugurate one of the new passenger coaches
Over 100 unsafe buildings in Colombo indentified
Authorities are in the process of identifying buildings in a dilapidated state in the city of Colombo following complaints to examine the stability and safety of buildings received by the Colombo Municipal Council (CMC), National Building Research Organisation (NBRO), Urban Development Authority (UDA), and the police.
Over 100 unsafe buildings in Colombo indentified
Authorities are in the process of identifying buildings in a dilapidated state in the city of Colombo following complaints to examine the stability and safety of buildings received by the Colombo Municipal Council (CMC), National Building Research Organisation (NBRO), Urban Development Authority (UDA), and the police.
Sri Lanka Navy seized ICE, heroin worth Rs. 3.7 billion
The Sri Lanka Navy brought ashore the seized narcotics, including 179 kgs and 906 gms of Crystal Methamphetamine (ICE) and 83 kgs and 582 gms of heroin, which were seized yesterday in the seas approximately 133 nautical miles (about 246 kms) off Dondra, south of Sri Lanka.
India offers modern defence equipment to Sri Lanka’ as most reliable friend;
India said it is and will remain Colombo’s most reliable friend and dependable partner as it underlined that New Delhi was willing to offer modern defence equipment to friendly partner countries like Sri Lanka.