Sri Lanka has launched an ambitious nationwide initiative to upgrade 100 railway stations under the newly unveiled Dream Destination Project, the President's Media Division (PMD) announced on Saturday.
The project was formally launched at a ceremony (...)
Telecom Egypt, in partnership with global subsea data systems provider SubCom, has completed the dual landings of the SEA-ME-WE-6 subsea cable system in Egypt, according to a disclosure to the Egyptian Exchange (EGX) on Wednesday.
The two landings — (...)
Sri Lankan workers remitted $635.7 million in June 2025, marking a more than 22 per cent increase from June 2024, as reported by the Central Bank of Sri Lanka (CBSL).
Remittances in 2024 amounted to $6.57 billion. From January to June 2025, (...)
ارتفعت حصيلة القتلى في حادث انقلاب حافلة ركاب من على جرف في سريلانكا، اليوم الأحد، إلى 21 شخصًا وإصابة 14 آخرين على الأقل، وفق ما أفاد به مسؤول.
وقالت الشرطة في سريلانكا، إن الحادث وقع في الساعات الأولى من صباح الأحد بالقرب من بلدة كوتمال، على بعد (...)
لقى 6 أشخاص مصرعهم، خلال مراسم تخرج عسكرية في سريلانكا، اليوم إثر سقوط مروحية كانت تقل 12 شخصا.
وقد أعلنت القوات الجوية السريلانكية (SLAF) أن الحادث وقع في الساعات الأولى من صباح اليوم، بحسب موقع «روسيا اليوم» الإخباري.
اقرأ أيضًا| مقتل 6 أفيال بعد (...)
Egypt's President Abdel Fattah Al-Sisi received the credentials of 23 new ambassadors to Egypt on Monday, according to the Egyptian Presidendcy spokesperson Ambassador Mohamed El-Shennawy.
The new ambassadors are:
* Aisett Caridad Roman Maldonado, (...)
اصطدم قطار ركاب بقطيع من الأفيال في شرق العاصمة السريلانكية كولومبو، مما أدى إلى نفوق ستة أفيال على الأقل.
حيث نفقت خمسة أفيال على الفور جراء الحادث، بينما أصيب الفيل السادس بجروح خطيرة ونفق لاحقًا متأثرًا بإصابته.
The Batticaloa-Colombo train, (...)
The Sri Lankan government has agreed to lower electricity tariffs by an average of 20 per cent, following a recommendation by the Public Utilities Commission of Sri Lanka (PUCSL), effective at midnight on Friday, January 17, 2025.
Minister of Energy (...)
China will maintain a positive role in the International Monetary Fund (IMF) and work with other creditors to help Sri Lanka achieve financial relief and debt sustainability, Reuters reported citing Xinhua news agency.
In a joint statement following (...)
Sri Lankan President Anura Kumara Dissanayake announced on Wednesday that the government's goal was to increase the country's foreign exchange reserves to $15.1 billion by 2028.
The president assured parliament that Sri Lanka will not experience (...)
Sri Lanka's cabinet has temporarily waived the licensing requirement for rice imports until December 20. This decision was made in response to a rice shortage and flood damage to paddy fields.
The cabinet also approved the import of 70,000 tons of (...)
The International Monetary Fund (IMF) and Sri Lankan authorities have reached a staff-level agreement on the third review under the 4-year programme, allowing Sri Lanka to access approximately $333 million in financing.
The programme, which is (...)
Sri Lanka's President Anura Kumara Dissanayake expressed optimism on Friday, anticipating that the International Monetary Fund (IMF) would announce a staff-level agreement on the third review of the country's bailout programme.
Once the IMF's (...)
Asian Development Bank (ADB) approved on Tuesday a $200 million policy-based loan to further support Sri Lanka's efforts to strengthen its financial sector. This second subprogramme builds upon the initial stabilisation and crisis management (...)
Sri Lanka's tourism industry saw a 59 per cent revenue increase to over $2.5 billion in the first 10 months of 2024 compared to the same period in 2023, according to a state media report on Monday.
In October 2024, tourism revenue soared to $185.6 (...)
Sri Lanka's overall inflation rate, as measured by the Colombo Consumer Price Index (CCPI), fell to -0.8 per cent year-on-year in October 2023, down from -0.5 per cent in the previous month.
While food inflation rose to 1.0 per cent in October, (...)
Nepal and the World Bank (WB) signed a $150 million (NPR 20 billion) financing agreement on October 23 for emergency situations like natural disasters or health crises, according to the lender's statement on Tuesday.
The Nepal Disaster Resilience (...)
Sri Lanka's merchandise exports fell 3.49 per cent in September 2024 compared to the previous year, totaling $937.95 million. The decline was mainly due to lower earnings from tea, rubber-based products, electronics, and seafood exports.
In (...)
The Sri Lanka Export Development Board (EDB) has set an ambitious target of increasing service sector revenue to $5 billion by 2030.
To achieve this goal, the EDB plans to focus on several key strategies, including increasing the number of software (...)
The Food and Agriculture Organisation (FAO) will co-lead the implementation of 21 new projects worth $109 million under the second round of funding from the Pandemic Fund.
These projects aim to enhance global and local health security, benefiting 32 (...)
The World Bank (WB) revised on Thursday its growth forecast for South Asia upward to 6.4 per cent from earlier projections of 6 per cent, citing strong domestic demand in India and faster recoveries in most of most of the region's (...)
The World Bank (WB) and the government of Sri Lanka signed on Monday a $200 million agreement for the Second Resilience, Stability, and Economic Turnaround (RESET) Development Policy Operation (DPO).
The Second RESET DPO is the continuation of a (...)
The International Monetary Fund (IMF) reiterated its support for Sri Lanka's economic development and reform efforts, following the recent election of Anura Kumara Dissanayake as the country's new president.
In a letter addressed to President (...)
Fitch Ratings reaffirmed Sri Lanka's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'RD' (Restricted Default), according to its latest report published on Wednesday.
The Long-Term Local-Currency IDR remains at 'CCC-'. Given the 'CCC+' or (...)
فاز الماركسى، أنورا كومارا ديساناياكي، برئاسة سريلانكا، وفقا للبيانات التي أصدرتها لجنة الانتخابات اليوم الأحد.
فوز اليساري أنورا كومارا ديساناياكي برئاسة سريلانكا
وحسب وكالة "رويترز"، أن فوز أنورا كومارا ديساناياكي، برئاسة سريلانكا، صاحب الميول (...)
