(LANKAPUVATH | COLOMBO) – The Asian Development Bank’s (ADB) annual flagship economic publication, the Asian Development Outlook (ADO) April 2024, yesterday forecasted Sri Lanka’s economy to record moderate growth of 1.9 percent in 2024 and 2.5 percent in 2025, following two consecutive years of contractions.
"Sri Lanka shows signs of recovery: ADB"Category: Top Story
(LANKAPUVATH | COLOMBO) – President Ranil Wickremesinghe has decided to grant Presidential pardon to 779 prisoners, in view of the Sinhala and Tamil New Year.
"President grants pardon to 779 prisoners"
(LANKAPUVATH | COLOMBO) – President Ranil Wickremesinghe inaugurated the flyover spanning the railway line linking Kompanna Veediya with Justice Akbar Mawatha and Uttarankanda Mawatha, today (08).
"President declares open flyover in Slave Island"
(LANKAPUVATH | COLOMBO) – Sri Lanka and a group of its creditors are in final negotiations to suspend debt repayments until 2028, Nikkei has learned, as country creditors including Japan seek to prevent China’s influence from expanding in the debt-ridden island.
"Sri Lanka’s debt repayments to be suspended until 2028"
(LANKAPUVATH | COLOMBO) – Minister of Education Susil Premajayantha states that efforts are underway to release the results of the 2023 G.C.E. Advanced Level examination in the beginning of May.
"2023 A/L results expected in May?"
(LANKAPUVATH | COLOMBO) – Approximately 75,000 Sri Lankan workers have emigrated to foreign countries within the first three months of 2024, according to the Sri Lanka Bureau of Foreign Employment (SLBFE).
"Nearly 75,000 Sri Lankan workers emigrated in Q1 of 2024 – SLBFE"
Colombo District Court on Thursday (04) issued an interim injunction preventing former President Maithripala Sirisena from functioning as the chairman of the Sri Lanka Freedom Party (SLFP).
"Interim injunction issued preventing Maithripala from functioning as SLFP chairman"
(LANKAPUVATH | COLOMBO) – The Government of Sri Lanka donated USD 01 million to assist children impacted by the conflicts in the Gaza Strip. The donation was formally transferred to the Government of Palestine through the United Nations’ official channel, overseen by President Ranil Wickremesinghe at the Presidential Secretariat this morning (01).
"GOSL Contributes One Million USD to Gaza Children’s Fund"
(LANKAPUVATH | COLOMBO) – Tourist arrivals to Sri Lanka surged past the 600,000 mark by 27 March, in nearly half the time compared to last year.
"Tourist arrivals cross 600,000 mark within three months"
(LANKAPUVATH | COLOMBO) – The collapse of a bridge in the US city of Baltimore will result in the largest single marine insurance loss ever, a British insurance marketplace said.
"Baltimore bridge collapse: Insurance loss could hit $3 billion"