Sri Lanka economy slows ahead of presidential elections
WEB22 hours ago · September 15, 2024 9:02 pm0 comment. Sri Lanka’s economic growth slowed, government data showed Sunday, days ahead of the first presidential elections since an unprecedented financial meltdown in 2022. The economy grew at 4.7 percent year-on-year in the second quarter of this year, compared to an expansion of 5.3 percent in the previous quarter.
Once bankrupt country transformed under President’s leadership – …
WEB2 days ago · 14. Under the current President’s leadership, a country that was once on the brink of bankruptcy has been transformed into one where economic development and public support are now achievable, State Minister Shehan Semasinghe said, speaking at the ‘Ranil ta Puluwan’ (Ranil Can) rally in Medawachchiya recently.. He went on to say, “Since 2022, our country has been steadily stabilising ...
"Today, I acted to prevent a crisis in Sri Lanka similar to the current ...
WEB2 days ago · President Ranil Wickremesinghe emphasized that no vacuum should be allowed to occur in state power, as such a situation could lead to a serious disaster. He further stated that state power must always be smoothly transferred from one party to another. Referring to Bangladesh’s current situation ...
A Deserving Bonanza - DailyNews
WEB2 days ago · A Deserving Bonanza. T he Government has raised the monthly minimum wage of a private sector employee to Rs. 21,000, which will come into effect from January 2025. This will be made up of a minimum monthly wage of Rs. 17,500 plus an allowance of Rs. 3,500. Employers in the private sector will now …
A Correct Decision - DailyNews
WEB4 days ago · A Correct Decision. by malinga September 11, 2024. September 11, 2024 1:05 am0 comment. The decision taken by the Public Administration Ministry to terminate the services of those public servants who applied for leave and went abroad for work but failed to return upon the completion of their two-year duration of leave is indeed a correct step.
A Call for Continued Vigilance - DailyNews
WEBAug 8, 2024 · The Fragility of Sri Lanka’s Economic Recovery: A Call for Continued Vigilance. by malinga August 8, 2024. August 8, 2024 1:09 am0 comment. The past few years are marked as a period of significant trial and difficult recovery. The crisis that weighed down our country left many scars, exposing the fragility of …
Newly released road safety statistics raise significant concerns
WEBApr 24, 2024 · Kamala Gunawardena. Newly released road safety statistics from the Ministry of Transport and the National Council for Road Safety have raised significant concerns in Sri Lanka. The data reveals that 2,280 people died in traffic-related incidents in 2023 alone, suggesting that on average, one person …
‘Lanka likely to achieve debt restructuring resolution by June 2024’
WEBMay 13, 2024 · Sri Lanka will soon recommence discussions with bondholders and is optimistic on achieving a resolution regarding debt restructuring by Jun 2024. The negotiations primarily focused on the bondholders’ proposal, particularly concerning the introduction of a Macro-Linked Bond (MLB). The March proposal suggested a 20% haircut on the nominal ...
Sri Lanka ‘A’ in thrilling eight-run win on DLS method
WEBApr 29, 2024 · 474. Opener Nishan Madushka hit 72 while Nuwanidu Fernando scored a brilliant knock of 83 runs as Sri Lanka A recorded an eight run win on (D/LS Method) against Afghanistan A in their first ODI unofficial game of the five match series played at Mahinda Rajapaksa International Cricket Stadium yesterday.
Sri Lanka identified as a soft target for cyber criminals
WEBNov 9, 2023 · Sri Lanka has been identified as a soft target for the cyber criminals to carry out their cyber crimes and online internet hacking activities. According to the 21st edition of Microsoft’s Security Intelligence Report, it has been revealed that there is an increase in the usage of Crypto Currency software in Sri Lanka since recently which ...