Sri Lanka’s Output Expected to Contract Again in 2023 – World Bank
Lanka 24 News
by Lanka 24 News
2w ago
Sri Lanka’s output is estimated to have fallen by 9.2 percent in 2022 as the government ran out of the foreign exchange needed to cover food and fuel imports while the rupee plummeted and imports contracted sharply, and to service external debt, the World Bank says. The global financial institution raised concerns about the continuing shortages of food, energy and medical supplies facing the island nation while the authorities are implementing a stabilization program. Stating that the crisis and its repercussions have increased poverty and reversed much of the country’s income gains over the p ..read more
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Canada Imposes Targeted Sanctions Against Rajapaksa Brothers
Lanka 24 News
by Lanka 24 News
2w ago
News release : Canadian Foreign Ministry January 10, 2023 – Ottawa, Ontario – Global Affairs Canada The Honourable Mélanie Joly, Minister of Foreign Affairs, today announced Canada imposes targeted sanctions under regulations pursuant to the Special Economic Measures Act against four Sri Lankan state officials responsible for gross and systematic violations of human rights during armed conflict in Sri Lanka, which occurred from 1983 to 2009. The regulations pursuant to the Special Economic Measures Act impose on listed persons a dealings prohibition, which would effectively freeze any assets t ..read more
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The National Mediation Programme: A force for women’s rights in Sri Lanka
Lanka 24 News
by Lanka 24 News
2w ago
Currently, violence against women has become a social issue, as well as a basic human rights issue in various South Asian countries such as Sri Lanka.One of the basic issues related to this problem is the lack of awareness among women about topics such as, what is violence against women? How does it work? What are the consequences? What are ways to prevent it? What are the legal procedures? What is the correct place to direct this question? Another issue related to this topic is the level of secrecy and privacy maintained regarding such issues. Every woman has the right to her own life, and th ..read more
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Advanced treatment for blood cancer now in Sri Lanka
Lanka 24 News
by Lanka 24 News
2w ago
Life-threatening leukemia can now be effectively treated with the advancement of modern multimodal treatment methods. One such treatment is Chimeric Antigen Receptor or CAR T-cell Therapy, a new method that is making breakthroughs in the treatment of complex blood cancers. Patients and doctors can contact the Parkway Patient assistant center representing Mount Elizabeth , Mount Elizabeth  Novena , Gleneagles and Parkway East Hospitals in Colombo to obtain more information about the treatment. Parkway Patient assistant center in Sri Lanka is the counterpart for the hospitals facilitating t ..read more
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Sepal Amarasinghe Further Remanded
Lanka 24 News
by Lanka 24 News
2w ago
Sepal Amarasinghe who was arrested by the CID for making statements defaming the Temple of the Sacred Tooth Relic, further remanded till 17 January by the Colombo Chief Magistrate’s Court today. The YouTuber was arrested by the CID on January 5th after making several controversial statements about the Temple of the Sacred Tooth Relic in Kandy. The post Sepal Amarasinghe Further Remanded appeared first on Sri Lanka Latest Breaking News and Headlines : Lanka24News.com ..read more
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Indian Express Gives New Name to Sri Lanka Captain Dasun Shanaka
Lanka 24 News
by Lanka 24 News
2w ago
When Sri Lanka won the 50-over World Cup in 1996, Dasun Shanaka, then just five, didn’t realise the enormity of the night, or why his parents and neighbours celebrated wildly in the Colombo suburb of Negombo. “I was too young to understand the importance of it,” he tells papare.com. “But I too joined the celebrations and someone told me that I need not go to the school the next day because it was declared a public holiday.” But something tugged deeply at his heart, something pulled him into the game. He had seen teens in his neighbourhood and schools play cricket, but he was too young to be wi ..read more
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SOE reforms: New holding company to hold shares of SOEs
Lanka 24 News
by Lanka 24 News
3w ago
A new holding company is to be set up this month to hold shares of State-Owned Enterprises (SOEs) that are to be reformed/privatised, The Sunday Morning learns. “A holding company will be set up to hold the shares of these institutions. It will be formed in the second week of this month (January),” President Ranil Wickremesinghe told The Sunday Morning on Friday (6).  President Wickremesinghe stated that one of the key concerns of those providing financial assistance to Sri Lanka was that funds provided to the country should not be used to fund losses. “They (donors) w ..read more
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Sri Lanka President Stresses Need for New Foreign Policies
Lanka 24 News
by Lanka 24 News
3w ago
Sri Lankan President Ranil Wickremesinghe stressed the need for the drafting of a new foreign policy which would enable Sri Lanka to forge broader foreign relations while safeguarding its sovereignty. There will be economic plans as well as the security objectives and the climate change objectives that the country has to fulfil. This will depend on how the newly appointed Heads of Missions perform. However, the President emphasized that the most important objective is to build on the contacts within the respective country and to safeguard the rights of Sri Lankans overseas and also help the di ..read more
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Sri Lanka’s Inflation Slows Down to 70.6% in October 2022
Lanka 24 News
by Lanka 24 News
2M ago
The Overall rate of inflation as measured by the National Consumer Price Index (NCPI) on a Year-On-Year basis was 70.6% in October 2022, compared to 73.7% in September 2022. Food Inflation dropped to 80.9% in October 2022, compared to 85.8% in September 2022 while Non-food inflation was 61.3%, said the Department of Census and Statistics on Monday (November 21) in a statement. Sri Lanka has been struggling with soaring inflation for nearly a year, partly triggered by its worst financial crisis in seven decades and an ill-thought out ban on chemical fertilizer implemented last year, which ..read more
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COPA calls for efficient plan for skilled migrant workers
Lanka 24 News
by Lanka 24 News
3M ago
The Committee on Public Accounts (COPA) has issued directives to the Ministry of Foreign Employment and the Foreign Employment Bureau on skilled migrant workers. COPA has instructed the two state entities to prepare a plan with a more efficient program to send more trained workers to foreign jobs in coordination with vocational training institutions.  Issuing a statement, the Parliament of Sri Lanka said the directions were given at the Committee meeting held on Friday (21). The Committee on Public Accounts convened under the chairmanship of MP Kabir Hashim to examine the performance audi ..read more
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