The Attorney General informed the Supreme Court today (20) that there are no current plans to arrest former Director of the Criminal Investigation Department (CID) Shani Abeysekara and former Senior Deputy Inspector General of Police Ravi Seneviratne in connection with investigations regarding the Easter Sunday attacks. This was stated during the hearing of fundamental rights petitions filed by Ravi Seneviratne …
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National Executive Committee member of the People’s Struggle Alliance, Wasantha Mudalige today (20) filed a Fundamental Rights petition before the Supreme Court seeking an order preventing the authorities from entering into any agreement relating to the restructuring of public debts. The Minister of Finance, the Secretary to the Ministry of Finance, the Governor of the Central Bank of Sri Lanka …
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President Ranil Wickremesinghe emphasized that discussions with private bondholders have successfully concluded, marking a significant step in freeing the country from bankruptcy. He further stated that an official acknowledgment of Sri Lanka’s recovery from bankruptcy is expected soon, along with the swift implementation of plans to advance the country. The President made these remarks during a meeting with the Executive …
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President Ranil Wickremesinghe emphasized that discussions with private bondholders have successfully concluded, marking a significant step in freeing the country from bankruptcy. He further stated that an official acknowledgment of Sri Lanka’s recovery from bankruptcy is expected soon, along with the swift implementation of plans to advance the country. The President made these remarks during a meeting with the Executive …
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Purchasing Managers’ Indices indicate expansions in both Manufacturing and Services activities in August 2024. Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 55.5 in August 2024. This indicates an expansion in manufacturing activities,yet at a slower rate compared to the previous month. All the sub-indices, except for Employment, remained above the neutral threshold …
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Ambassador of Sri Lanka to Romania Madurika Joseph Weninger presented her Letters of Credence to Romanian President Klaus–Werner Iohannis, accrediting her as the First Ambassador Extraordinary and Plenipotentiary of Sri Lanka to Romania. The credential ceremony took place at the historic Cotroceni Palace in Bucharest recently. The ceremonial event entailed a Guard of Honour by the esteemed Michael the Brave …
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Sleep health is multifaceted; there’s no one-size-fits-all solution. Putting away electronics, turning down the thermostat, reading a relaxing book, or engaging in a few deep breathing exercises are just a few of the many things that can help boost the quality of sleep. While we’re often told to avoid midnight snacking, a small bite before bed may also help us …
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Sri Lanka middle-order batter Kamindu Mendis smashed his fourth Test century against the Kiwis in Galle on Wednesday. Kamindu Mendis continued a remarkable start to his Test career with a spectacular fourth Test hundred in just his seventh Test match. Promoted to No.5 after his excellent showing on the England tour, Mendis helped Sri Lanka fight back from 106/4 to …
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On the 19th of September 2024, Sri Lanka announced that it has reached Agreements in Principle on the restructuring of approximately USD$ 17.5 billion of external commercial debt (as of end 2023). These agreements have been reached with holders of its International Sovereign Bonds, following negotiations with the Ad Hoc Group of Bondholders (“AHGB”), a representative group of international investors, …
Continue ReadingOn the 19th of September 2024, Sri Lanka announced that it has reached Agreements in Principle on the restructuring of approximately USD$ 17.5 billion of external commercial debt (as of end 2023). These agreements have been reached with holders of its International Sovereign Bonds, following negotiations with the Ad Hoc Group of Bondholders (“AHGB”), a representative group of international investors, …
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