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Sri Lanka’s remittances coming through official channels went up to $537.3 million in November 2023, up 40 percent from $384.4 million in the same month a year earlier, due to improved exchange rate after better monetary policy, finance ministry soirces said.

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Russia has confirmed the commitment to further fortify the bilateral relations between the two countries, in the economic and security spheres, as well as the cooperation between the two countries on international agenda issues.

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Many positive steps have been taken including the establishment of sectoral oversight committees and a budget office in Parliament to promote transparency and good governance, President Ranil Wickremesinghe said.

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Russian Security Council Secretary Nikolay Patrushev held meetings with President Ranil Wickremesinghe, and other senior government officials.

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Sri Lanka Customs detected parcels containing psychedelic drugs worth over Rs.60 million sent from the USA and Canada at a local courier agency today.

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Prospective bidders for the losses and debt-saddled Sri Lankan Airlines will have more time with the Government extending the deadline for Request for Qualification (RfQ) to 9 January next year.

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Brazilian officials assured their willingness to further expand relations with Sri Lanka in diverse field’s vis-à-vis trade, investment, tourism and also in the service sector, etc.

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The governmt is to establish a National Evaluation Monitoring Committee to enhance governance and transparency.

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Sri Lanka will get about $600 million, on a staggered basis, from the Asian Development Bank (ADB) after the International Monetary Fund (IMF) releases the second tranche of a $2.9 billion bailout for the crisis-hit country, an official said on Tuesday.

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Sri Lanka will get about $600 million, on a staggered basis, from the Asian Development Bank (ADB) after the International Monetary Fund (IMF) releases the second tranche of a $2.9 billion bailout for the crisis-hit country, an official said on Tuesday.

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