A selloff in Sri Lanka dollar bonds intensified on Monday (10) as investors reduced their country exposure over rising political uncertainties before elections later this month, reported Bloomberg.The country’s dollar bonds due in 2030 fell 3 cents on the dollar to 49.9 cents, the lowest level since...

COLOMBO (News 1st); Sri Lanka's Mikhail Jayaweera and Ruel Wickramaratne have brought home gold medals from the 14th Singapore National Diving Championships. The Singapore National Diving Championships, held at the OCBC Swimming Complex starting from August 30, saw participation from four inter...

COLOMBO (News 1st); Reports claiming that the Cabinet has not yet approved the salary increase for public sector employees set to be implemented in 2025 are false and the necessary approval has already been granted.The President's Media Division issued the following statement on Tuesday (10).On May ...

COLOMBO (News 1st); President Ranil Wickremesinghe stated that he has earned the recognition of the majority for ensuring the supply of food, medicine, fuel, and other essentials during the economic crisis. He gratefully accepted this acknowledgment, emphasizing that he could not stand idle whi...

COLOMBO (News 1st) – Independent presidential candidate Ranil Wickremesinghe has addressed concerns regarding the recent public sector salary increases, following reports from election monitoring organizations that the cabinet had not approved such hikes.Wickremesinghe clarified, "It should be noted...