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North Korean leader Kim Jong Un has overseen drills simulating a nuclear counterattack against the U.S. and South Korea in a warning to the allies who are scaling up their joint military exercises, state media KCNA said on Monday. MORE..

20 Mar 2023 (1:46 PM)

The Executive Board of the International Monetary Fund (IMF) has approved the Extended Fund Facility to Sri Lanka at its board meeting held today, according to State Minister of Finance Shehan Semasinghe. MORE..

20 Mar 2023 (11:54 PM)

The Cabinet of Ministers has authorized the Finance Ministry Secretary or the Treasury s Deputy Secretary to sign the Promissory Notes and other required documents as soon as Sri Lanka receives the IMF-supported Extended Fund Facility (EFF) approval from the IMF Executive Board. MORE..

20 Mar 2023 (11:41 PM)

The Ministry of Agriculture says that measures will be taken to provide TSP fertilizer (Mud Fertilizer) free of charge from today (March 20) to all 1.2 million paddy farmers in Sri Lanka, after three cultivation seasons. MORE..

20 Mar 2023 (2:10 PM)

The Secretary to the Treasury has informed the Board of Directors of Sri Lanka Telecom PLC (SLT) and Lanka Hospitals PLC that the Cabinet of Ministers has granted approval in principle for the divestment of the stakes held by the Treasury Secretary in the two companies. MORE..

20 Mar 2023 (8:50 PM)

The Court of Appeal has ordered the extension of the interim injunction which was issued preventing the hearing of a case filed against the Senior DIG in charge of the Western Province Deshabandu Tennakoon, until March 28, 2023. MORE..

20 Mar 2023 (5:13 PM)

Investors are betting that Sri Lanka will win final approval for about $2.9 billion bailout from the International Monetary Fund on Monday, a key step for the bankrupt nation to revive its economy from the worst crisis in decades. MORE..

20 Mar 2023 (11:04 AM)