The Independent Remuneration Committee set up by the Ministry of Finance to resolve the disputed CBSL pay hike has handed over its report to President Ranil Wickremesinghe.

In January 2020, they were seniors in high school. Graduation was just around the corner. But so was a deadly pandemic.

Police in Australia have launched an investigation following a complaint by Queensland MP Brittany Lauga that she was drugged and sexually assaulted.

The US has blamed the Rwandan army and M23 rebel group for the deadly bombing of a displacement camp in the Democratic Republic of Congo.

China has launched a probe to collect samples from the far side of the Moon, in what is being billed a world first.

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Sunshine Holdings PLC disclosed that that the International Finance Corporation (IFC), a member of the World Bank Group, has agreed to invest an amount of up to Rs. 3.27 billion in fully owned subsidiary Sunshine Healthcare Lanka Ltd.

In a significant development aimed at revitalising maritime infrastructure, the Cabinet of Ministers approved the signing of a Memorandum of Understanding (MoU) to obtain a proposed financial grant from India for the renovation of the Karainagar Boat Yard.

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The Sri Lanka Climate Summit 2024, organised by the Ceylon Chamber of Commerce, will be inaugurated by President Ranil Wickremesinghe, under the theme ‘Code Red: Climate risks and opportunities for Sri Lankan businesses’ on 7 May at the Shangri-La Hotel, Colombo.

Tourism Minister Harin Fernando yesterday revealed that the minimum room rates (MRR) imposed on hotels will be scrapped by the end of this month and allow competition to return to the industry.

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The United States has once again assured their fullest support to Sri Lanka in the debt restructuring process, State Minister of Finance Shehan Semasinghe said.

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