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Pension provisions to be amended for public officers recruited after January 2016

Sri Lanka, Jan. 20 -- The Cabinet of Ministers has approved amendments to the pension-related provisions included in the appointment letters of public officers recruited after 1 January 2016, Cabinet ... Read More


Baseline Road phase III extension gets green light to restart

Sri Lanka, Jan. 20 -- The government is set to restart construction on Phase III of the Baseline Road Extension Project, a key infrastructure initiative designed to ease traffic congestion in the capi... Read More


Sri Lanka Insurance Institute to receive legal powers under proposed new bill

Sri Lanka, Jan. 20 -- The Cabinet of Ministers has approved a proposal to instruct the Legal Draftsman to prepare the Sri Lanka Insurance Institute Bill, aimed at strengthening the Institute's legal a... Read More


Sri Lanka to join Indian Ocean Tuna Alliance following cabinet nod

Sri Lanka, Jan. 20 -- Sri Lanka will sign a Memorandum of Understanding (MoU) with 10 other nations-including India, Indonesia, and South Africa-to form the "Indian Ocean Coastal States Association".S... Read More


Stalled Obesekarapura housing project to resume under new contractor

Sri Lanka, Jan. 20 -- The Cabinet of Ministers has approved the awarding of a contract to Maga Engineering (Pvt) Ltd to complete the construction of 300 housing units at Arunodaya Mawatha, Obeysekarap... Read More


Cabinet approves wage hike and daily incentive for estate workers

Sri Lanka, Jan. 20 -- To improve the living standards of plantation workers, the Cabinet has approved a daily attendance incentive of Rs. 200, in addition to raising the minimum daily wage to Rs. 1,55... Read More


UPDATE: Death toll in Spain train collision rises to 39

Sri Lanka, Jan. 19 -- Spanish police said on Monday that at least 39 people were killed after two high-speed trains collided in southern Spain, as rescue operations continued. The crash happened on S... Read More


'SL should focus on maximising economic opportunities in Maldives'

Sri Lanka, Jan. 19 -- More than 21,000 Sri Lankans currently work in the Maldives, generating approximately US$ 129 million annually in remittances to their homeland, Sri Lanka-Maldives Business Counc... Read More


2026 corporate earnings forecast to grow 10%- BRS

Sri Lanka, Jan. 19 -- Bartleet Religare Securities (BRS) has projected that earnings for Sri Lanka's listed entities will grow by 10% year-on-year to reach LKR 765 billion in 2026. In their January 20... Read More


Amendment to Cooperative Act in offing to streamline cooperative mechanism

Sri Lanka, Jan. 19 -- Minister of Trade, Commerce, Food Security and Cooperative Development Wasantha Samarasinghe said that the Cooperative Act will be amended to streamline the cooperative mechanism... Read More