News

SL & India sign USD 930.8 Mn. debt restructuring deal

Published

1 month ago

May 15, 2025

editor

Sri Lanka and India have signed a USD 930.8 million debt restructuring deal recently on Sri Lanka’s present External Debt Restructuring Process.

The signing of Bilateral Amendatory Agreements between the Government of Sri Lanka and the Export-Import Bank (EXIM) of India took place on March 25, 2025 and April 03, 2025, respectively.

The deal concerns 07 Line of Credit and 04 Buyer’s Credit Facility agreements with the Government of India.

Secretary of the Ministry of Finance, Planning, and Economic Development, Mr. K.M. Mahinda Siriwardana, signed the agreements on behalf of the Sri Lankan Government.

General Manager of the EXIM Bank of India, Mr.Nirmit Ved, signed the Line of Credits, and Deputy General Manager of the EXIM Bank of India, Mr. Amith Kumar, signed the Buyer’s Credit Agreements.

Issuing a statement, the Ministry of Finance, Planning and Economic Development stated that the signing of these bilateral amendatory agreements marks a significant milestone in Sri Lanka’s ongoing External Debt Restructuring Process.

News

Body of undergrad who went missing at Port City beach, found (Update)

Published

2 hours ago

June 27, 2025

editor

The body of the undergraduate who had gone missing at the Port City beach, has been found.

The body was found during a search by divers.

(Previous News on 27th June 2025 at 10.06 am)

Undergrad goes missing at Port City beach while snorkeling

A 24-year-old university student from Asgiriya, Gampaha, has gone missing yesterday morning (June 26) while swimming in the sea off the Colombo Port City beach.

According to the police, the student, a resident of Gampaha, was part of a group of students from the Universities of Colombo and Moratuwa who had visited the artificial beach and engaged in snorkelling.

The student failed to resurface, prompting a complaint to the Colombo Port Police.

Lifeguards later recovered the snorkeling gear believed to be belonging to the missing student.

A joint search operation involving Navy divers from the Colombo Port and Rangala Navy Division is currently underway. Further investigations are underway by the Colombo Port Police.

News

Missing NPP members of Weligama PS, resurface (Update)

Published

2 hours ago

June 27, 2025

editor

The 2 NPP members of the Weligama Pradeshiya Sabha, who had gone missing earlier today (June 27), have been found at the Unawatuna beach in Galle.

According to police, they are unharmed.

(Previous News on 27th June 2025 at 12:15 pm)

2 NPP members at Weligama PS go missing (Video)

Tensions erupted at the Weligama Pradeshiya Sabha today (June 27) after 02 National Peoples’ Power (NPP) members were reportedly abducted.

The incident had occurred just before a scheduled vote to elect a new chairman.

The members, who were en route to attend the session, have reportedly gone missing, prompting the suspension of proceedings.

It has been proposed to proceed the council session if the missing members arrive.

News

SL squad named for ODI series against Bangladesh

Published

2 hours ago

June 27, 2025

editor

The Sri Lanka Cricket Selection Committee has selected the following 16-member Sri Lanka squad to play in the upcoming ODI series vs. Bangladesh.

The ODI series will be played on the 2nd, 5th, and 8th of July.

The first two ODIs will be played at the RPICS, Colombo, before the series moves to the PICs, Pallekele, for the final game.

𝐎𝐃𝐈 𝐒𝐪𝐮𝐚𝐝 | 𝐁𝐚𝐧𝐠𝐥𝐚𝐝𝐞𝐬𝐡 𝐓𝐨𝐮𝐫 𝐨𝐟 𝐒𝐫𝐢 𝐋𝐚𝐧𝐤𝐚 𝟐𝟎𝟐𝟓

The Sri Lanka Cricket Selection Committee has selected the following 16-member Sri Lanka squad to play in the upcoming ODI series vs. Bangladesh.

The ODI series will be played on the 2nd, 5th,… pic.twitter.com/EcnENSO2Ob
— Sri Lanka Cricket 🇱🇰 (@OfficialSLC) June 27, 2025