News

Talks with IMF – SL creditors on Nov. 03

Published

3 years ago

October 28, 2022

editor

Another crucial discussion of Sri Lanka’s creditors is scheduled to be held on November 3rd, the President Media Division states.

Debt restructuring in Sri Lanka is to be discussed at length during this discussion, the PMD adds.

Chief of Staff and Senior Advisor to the President on National Security Mr Sagala Ratnayake met with the outgoing IMF Resident Representative for Sri Lanka Tubagus Feridhanusetyawan and the incoming IMF Resident Representative for Sri Lanka Ms Sarwat Jahan at the Presidential Secretariat yesterday (27).

The three-member IMF team met with Mr Sagala Ratnayake and exchanged views on prior action and debt restructuring.

Mr Ratnayake assured the IMF team that he would brief President Ranil Wickremesinghe on the matters that were discussed at this meeting and convey his response to them.

President’s Senior Adviser on Economic Affairs R.H.S. Samaratunga also joined the discussion yesterday.

News

Immunoglobulin case : Keheliya to be indicted next week

Published

8 hours ago

June 3, 2025

editor

The Attorney General has informed the Supreme Court that former Health Minister Keheliya Rambukwella and other suspects linked to the alleged import of substandard human immunoglobulin will be indicted before a three-judge High Court bench next week.

The Former Health Minister was arrested in early February 2024 and remanded over the alleged import of substandard human Immunoglobulin injections.

He was granted bail after seven months by the Maligakanda Magistrate’s Court.

He is charged with alleged complicity in the procurement of substandard human intravenous immunoglobulin.

(newswire.lk)

(This story, originally published by newswire.lk has not been edited by SLM staff)

News

ASPI hits new all-time high

Published

8 hours ago

June 3, 2025

editor

The Colombo Stock Exchange (CSE) closed on a positive note today (June 03), with the All Share Price Index (ASPI) reaching an all-time high of 17,214.39, marking an increase of 234.50 points (1.38%). Similarly, the S&P SL20 Index also recorded an all-time high, rising by 96.36 points (1.91%) to close at 5,131.28.

Total market turnover amounted to LKR 7.37 billion, with 271.94 million shares traded. Market breadth reflected a positive sentiment, with 139 gainers and 77 losers contributing to the overall movement of the ASPI.

The previous record of 17,193.80 points was set on February 18, 2025.

Meanwhile, the S&P SL20 has climbed 108.53 points (2.1%) to reach 5143.45 points at the close of trading.

News

Draft Bill to recognize sign language as official communication medium

Published

8 hours ago

June 3, 2025

editor

The Cabinet has granted approval to proceed with finalizing a draft bill to recognize sign language as an official medium of communication in Sri Lanka.

The cabinet paper was tabled by the Minister of Rural Development, Social Security and Community Empowerment. The initiative aims to ensure full societal participation and equal access to information for the deaf community.

The move builds on earlier policy approval granted in 2010 to accept sign language formally, with subsequent Cabinet decisions in 2017 and 2021 directing legal drafting of the bill.