In August 2024, the state government raised the compensation for mechanised fishing boats remaining unrecovered in Sri Lanka from Rs 5 lakhs to Rs 6 lakhs. On Friday, the government increased it ...

Minister of Transport, Highways, Ports and Civil Aviation Bimal Rathnayaka said the Indian action would be deeply appreciated by the people in northern Sri Lanka as fishing is the only livelihood for ...

Sri Lanka is attempting to sustain economic growth while maintaining macroeconomic stability under the IMF program it began in 2016. The government's high debt payments and bloated civil service ...

Sri Lanka began a wildlife census on Saturday to count monkeys, peacocks and giant squirrels, aiming to manage their populations as farmers complain of agricultural losses.

In a speech on February 17, Sri Lanka’s President Anura Kumara Dissanayake presented the 2025 budget – the first budget of his government, which took office in September 2024. As Sri Lanka ...

The IMF has agreed to release the fourth tranche of $334 million from its $2.9 billion bailout package to Sri Lanka to strengthen the island nation's recovery from its 2022 bankruptcy. The release ...

But do they? A Foreign Correspondent investigation in Sri Lanka has found several certified estates on the supplier lists of the world's biggest brands were failing to live up to these ethical ...

The prime accused in the sensational rape and murder case of an eight-year-old child in Magura yesterday gave a confessional statement before a court. Magura Senior Judicial Magistrate Sabyasachi ...

COLOMBO, March 18 (Xinhua) -- The Sri Lankan navy said on Tuesday that it seized an Indian fishing boat on Monday night for poaching in the waters off Delft Island in Sri Lanka's Northern Province.

The IMF Executive Board completed the Third Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US $334 million) to ...

A case has been filed in connection with the rape of an eight-year-old child in Magura, with four individuals having been arrested so far. The girl's mother filed a case with Magura Sadar police ...

Following the product launch on complete bikes, which began in 2024, Magura is now starting to sell the Gustav Pro for retrofitting. In North America, and other countries, the Gustav Pro is now ...