News

Sources reveal that Sri Lanka has presented a revised restructuring proposal to sovereign bondholders as the nation endeavours to conclude debt restructuring by mid-year while contending with legal action from a holdout investor seeking payment on a specific series of...

Suvarnabhumi and Don Mueang International Airports in Thailand have been voted among the 10 worst in Asia by business travelers worldwide, according to finance research and information website BusinessFinancing. Located in Samut Prakan province, Suvarnabhumi Airport, the main international airport...

At a time when international aid and medicinal supplies are imperative for Sri Lanka, upon an urgent request for assistance from Ambassador Mahinda Samarasinghe and this Mission, the support of three renowned U.S. NGOs was generously extended on an in-kind...

The European Union (EU) on Wednesday agreed on a new package of sanctions against Russia and individuals and businesses suspected of assisting Moscow in its war against Ukraine. According to a report by the Financial Times (FT), this includes Indian and Chinese...

Kamal Haasan is the Ulaganayagan of Indian cinema and the leader of the Makkal Needhi Maiyam party. He has been juggling between cinema and politics for the past few years. As MNM steps into its 7th year today, he met...

It is wrong if the elections are postponed without going according to the constitution. Namal Rajapaksa says that the constitution does not give the executive authority to postpone elections. He said this when he came to worship the Kelani temple....

It is reported that Mr Noel Priyantha, media spokesperson of Ceylon Electricity Board, has resigned from that position. Sri Lanka Latest News A statement made by Mr. Noel recently created a great controversy in the society and he later issued...

Mr. Shanakyan Rasamanikkam said that after the revelation made by Channel 4 about the Easter attack, the President stated that he would conduct a local investigation into it, but that has not happened to date. He pointed out that the...

Main Opposition SJB Parliamentarian Eran Wickramaratne yesterday questioned the Speaker by raising a question under the standing orders, whether the Constitutional Assembly, which has been established as an independent institution, has approved the rules for approving Bills adhering to proper...

Sri Lanka sent a new restructuring proposal to dollar bondholders through its adviser Lazard as the South Asian nation seeks to complete overhauling its defaulted debt, according to people familiar with the matter. A counter-proposal to a bondholder group’s offer...