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Anti-Corruption & Governance reforms are critical – IMF

COLOMBO (News 1st); The International Monetary Fund has emphasized the importance of anti-corruption and governance reforms as a central pillar of the EFF-supported program as they are indispensable to ensure the hard-won gains from the reforms benefit the Sri Lankan people.In a statement issued ahead of the IMF press briefing on Tuesday (21) morning, Peter Breuer, Senior Mission Chief for Sri Lanka & Masahiro Nozaki, Mission Chief for Sri Lanka noted that Sri Lankan authorities have committed to fundamentally improve public financial management and strengthen the anti-corruption legal framework in line with the United Nations Convention against Corruption.The reform program supported under the EFF arrangement is built on strong policy measures and prioritizes:(i) an ambitious revenue-based fiscal consolidation, accompanied by stronger social safety nets, fiscal institutional reforms, and cost-recovery based energy pricing to ensure the state’s ability to support all its essential expenditures;(ii) restoration of public debt sustainability, including through a debt restructuring to ensure stable financing of the government’s operations;(iii) a multi-pronged strategy to restore price stability and rebuild reserves under greater exchange rate flexibility in order to alleviate the burden of inflation, particularly on the poor, to foster an environment of investment and growth, and to ensure Sri Lanka's ability to purchase essential goods from abroad;(iv) policies to safeguard financial sector stability to ensure that the financial sector can play its key role in supporting economic growth; and(v) structural reforms to address corruption vulnerabilities and enhance growth. It is now essential to continue the reform momentum

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Masahiro Nozaki - Peter Breuer - Anti-Corruption & Governance reforms are critical – IMF - newsfirst.lk - Sri Lanka

21.03.2023 / 10:17

Anti-Corruption & Governance reforms are critical – IMF

COLOMBO (News 1st); The International Monetary Fund has emphasized the importance of anti-corruption and governance reforms as a central pillar of the EFF-supported program as they are indispensable to ensure the hard-won gains from the reforms benefit the Sri Lankan people.In a statement issued ahead of the IMF press briefing on Tuesday (21) morning, Peter Breuer, Senior Mission Chief for Sri Lanka & Masahiro Nozaki, Mission Chief for Sri Lanka noted that Sri Lankan authorities have committed to fundamentally improve public financial management and strengthen the anti-corruption legal framework in line with the United Nations Convention against Corruption.The reform program supported under the EFF arrangement is built on strong policy measures and prioritizes:(i) an ambitious revenue-based fiscal consolidation, accompanied by stronger social safety nets, fiscal institutional reforms, and cost-recovery based energy pricing to ensure the state’s ability to support all its essential expenditures;(ii) restoration of public debt sustainability, including through a debt restructuring to ensure stable financing of the government’s operations;(iii) a multi-pronged strategy to restore price stability and rebuild reserves under greater exchange rate flexibility in order to alleviate the burden of inflation, particularly on the poor, to foster an environment of investment and growth, and to ensure Sri Lanka's ability to purchase essential goods from abroad;(iv) policies to safeguard financial sector stability to ensure that the financial sector can play its key role in supporting economic growth; and(v) structural reforms to address corruption vulnerabilities and enhance growth. It is now essential to continue the reform momentum

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Never recommended to postpone elections, says IMF - newsfirst.lk - Sri Lanka

21.03.2023 / 06:29

Never recommended to postpone elections, says IMF

COLOMBO (News 1st); The International Monetary Fund said that it does not intervene in local election processes.Masahiro Nozaki, IMF Mission Chief for Sri Lanka said that the IMF does not intervene in local election processes.He added that the IMF has never recommended postponing local election in Sri Lanka.

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Kristalina Georgieva - Julie Chung - US welcomes Sri Lanka’s IMF package; Ambassador says structural & lasting reforms are critical - newsfirst.lk - Usa - Sri Lanka - county Will

20.03.2023 / 22:29

US welcomes Sri Lanka’s IMF package; Ambassador says structural & lasting reforms are critical

COLOMBO (News 1st); The United States of America has welcomed the approval of Sri Lanka’s IMF package."Great news & an important step on the road toward economic recovery," tweeted US Ambassador to Sri Lanka Julie Chung on Monday (20).She said that the Sri Lankan government will need to continue reforms and conclude debt restructuring agreements to ensure the program – and the economy – stay on track.She noted that structural & lasting reforms that address good governance & transparency are critical to ensure all citizens of Sri Lanka can prosper.IMF Managing Director Kristalina Georgieva also noted that she was very pleased the Executive Board of the IMF had approved about $3 bn of IMF support for Sri Lanka’s economic policies & reforms. She said that it was an important milestone with International Creditors coming together to help to restore debt sustainability. "Crucial to unlock Sri Lanka's growth potential," she added.The International Monetary Fund said that it will enable an immediate disbursement equivalent to about US $ 333 million for Sri Lanka under EFF program, following Executive Board approval on Monday (20).The Executive Board of the International Monetary Fund (IMF) approved today a 48‑month extended arrangement under the Extended Fund Facility (EFF) with an amount of SDR 2.286 billion (395 percent of quota or about US$3 billion).Sri Lanka has been hit hard by a catastrophic economic and humanitarian crisis.

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IMF to release US $ 333 Mn immediately to Sri Lanka under bailout package - newsfirst.lk - Usa - Sri Lanka

20.03.2023 / 20:37

IMF to release US $ 333 Mn immediately to Sri Lanka under bailout package

COLOMBO (News 1st); The International Monetary Fund said that it will enable an immediate disbursement equivalent to about US $ 333 million for Sri Lanka under EFF program, following Executive Board approval on Monday (20).The Executive Board of the International Monetary Fund (IMF) approved today a 48‑month extended arrangement under the Extended Fund Facility (EFF) with an amount of SDR 2.286 billion (395 percent of quota or about US$3 billion).Sri Lanka has been hit hard by a catastrophic economic and humanitarian crisis.The economy is facing significant challenges stemming from pre-existing vulnerabilities and policy missteps in the lead up to the crisis, further aggravated by a series of external shocks.The EFF-supported program aims to restore Sri Lanka’s macroeconomic stability and debt sustainability, mitigate the economic impact on the poor and vulnerable, safeguard financial sector stability, and strengthen governance and growth potential. The Executive Board’s decision will enable an immediate disbursement equivalent to SDR 254 million (about US$333 million) and catalyze financial support from other development partners.COLOMBO (News 1st); The International Monetary Fund said that it will enable an immediate disbursement equivalent to about US $ 333 million for Sri Lanka under EFF program, following Executive Board approval on Monday (20).The Executive Board of the International Monetary Fund (IMF) approved today a 48‑month extended arrangement under the Extended Fund Facility (EFF) with an amount of SDR 2.286 billion (395 percent of quota or about US$3 billion).Sri Lanka has been hit hard by a catastrophic economic and humanitarian crisis.The economy is facing significant challenges stemming from pre-existing

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Ranil Wickremesinghe - IMF approves Sri Lanka’s bailout package under EFF; Sri Lanka can access up to $ 7 Bn - newsfirst.lk - China - Usa - India - Sri Lanka

20.03.2023 / 20:09

IMF approves Sri Lanka’s bailout package under EFF; Sri Lanka can access up to $ 7 Bn

COLOMBO (News 1st); The IMF Executive Board approved Sri Lanka’s program under the Extended Fund Facility (EFF) that will enable Sri Lanka to access up to $7 billion in funding, reported the President's Media Division.President Ranil Wickremesinghe has expressed his gratitude for the support of the IMF and other international partners, said the PMD.It added that the President committed to full transparency in all discussions with financial institutions & creditors, & to achieve sustainable levels of debt through prudent fiscal management & an ambitious reform agenda.The IMF program is critical to achieving this vision & will help to improve Sri Lanka's standing in international capital markets, making it an attractive country for investors, talent, & tourists, said the President's Media Division.Earlier this month, Sri Lanka received IMF-compatible financing assurances from its official creditors, including Paris Club members, India and China, allowing the IMF to convene an Executive Board and consider Sri Lanka’s request for a loan.The program is expected to provide much-needed policy space to drive the economy out of the unprecedented challenges and instill confidence amongst all the stakeholders.President Ranil Wickremesinghe welcomed the announcement:“In the 75 years of Sri Lanka’s independence, there has never been a more critical period for ou economic future. Our official creditors have declared their support following continuous and positive engagements over the last few months, and we are pleased that the IMF Executive Board approved our program, enabling Sri Lanka to access up to US$ 7 billion in funding from the IMF and IFIs.

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Cabinet gives ‘Approval in Principle’ for divestment of shares in SLT & Lanka Hospital - newsfirst.lk - Sri Lanka

20.03.2023 / 17:23

Cabinet gives ‘Approval in Principle’ for divestment of shares in SLT & Lanka Hospital

COLOMBO (News 1st); Sri Lanka's Cabinet of Ministers have granted their approval in principle for the divestment of major shareholding in Lanka Hospitals Corporation PLC and Sri Lanka Telecom PLC.Sri Lanka Telecom PLC in a letter to the Colombo Stock Exchange noted that the Treasury Secretary has informed the Board of Directors of SLT that the Cabinet of Minister granted its approval in principle for the divestment of the state held by the Secretary to the Treasury in SLT.It added that the divestment will be implemented by the State-Owned Enterprise Restructuring Unit established under the Ministry of Finance.Lanka Hospitals Corporation PLC informed the Colombo Stock Exchange that the Secretary to the Treasury has conveyed that an 'Approval in Principle' was granted by the Cabinet of Ministers for the divestment of the major shareholding in Lanka Hospitals Corporation PLC.

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SLTB to add routes into geographic information systems to improve public transportation services - newsfirst.lk - Sri Lanka

20.03.2023 / 13:59

SLTB to add routes into geographic information systems to improve public transportation services

The Sri Lanka Transport Board (SLTB) has announced a new pilot program that aims to incorporate bus route maps into a geographic information system (GIS). This program will allow SLTB to effectively manage and monitor bus routes and schedules, thereby improving the quality of public transportation services in Sri Lanka. Through this pilot program, bus route maps will be integrated into a GIS, enabling SLTB to have a more accurate and detailed understanding of its transportation network.This will enable SLTB to identify potential issues, such as traffic congestion, and develop solutions to improve the efficiency of bus routes. In addition, the program will provide passengers with a user-friendly map of the SLTB's bus routes and schedules, making it easier for them to plan their journeys and travel more efficiently. The program is expected to provide significant benefits for both passengers and SLTB, by reducing travel time, improving bus scheduling and ultimately increasing the overall quality of public transportation services. A sample of the new pilot project was shared on the SLTB Facebook Page.

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Dimuth ready to step down as Test Captain after Ireland series - newsfirst.lk - Sri Lanka - Ireland - New Zealand - county Kane

20.03.2023 / 12:41

Dimuth ready to step down as Test Captain after Ireland series

COLOMBO (News 1st); Skipper Dimuth Karunaratna says he is prepared to step down as the Sri Lanka Test Cricket Captain after the test series with Ireland.He was speaking to reporters following Sri Lanka's loss to New Zealand in the Second Test on Monday (20).New Zealand bowled Sri Lanka out for 358 to win the 2nd Test by an innings and 58 runs. The Black Caps won the series 2-0 with Kane Williamson named the Player of the Series.

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32% of Sri Lankan households are food-insecure – WFP - newsfirst.lk - Sri Lanka

20.03.2023 / 12:41

32% of Sri Lankan households are food-insecure – WFP

COLOMBO (News 1st); According to the World Food Prgoramme, in the face of Sri Lanka’s economic crisis, food insecurity remains at concerning levels.32% of households are food-insecure, according to WFP’s latest Household Food Security Survey for February 2023.Markets continued to report concerns around price volatility in January, according to WFP’s Market Functionality Index. However, markets remain functional and currently have a wide range of products, adequate physical availability of essential goods and a resilient supply chain.WFP plans to assist 3.4 million people through general food distribution, school meals and nutrition support.

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Indian military officers in Sri Lanka on study tour - newsfirst.lk - India - Sri Lanka

20.03.2023 / 11:49

Indian military officers in Sri Lanka on study tour

Nineteen officers from the three services of the Indian armed forces reached Sri Lanka on Sunday (19).The Officers are on a week-long strategic study tour under the 46th Higher Air Command Course.The delegation consists of selected officers under training for Senior Command and Staff Appointments from the three services.During the visit, the Officers are scheduled to visit and interact with Sri Lankan Naval Command, Coast Guard and Air Force. The visit serves as an opportunity to further strengthen India’s defence partnership with Sri Lanka.

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Nihal Thalduwa - ‘Booru Moona’ leads cops to high-powered explosives - newsfirst.lk - Sri Lanka - city Dubai

20.03.2023 / 10:45

‘Booru Moona’ leads cops to high-powered explosives

COLOMBO (News 1st); Sri Lanka Police said that 662 grams of high-powered explosive were recovered following the interrogation of Ravindu Warnaranga also known as 'Booru Moona'.Police Spokesperson SSP Nihal Thalduwa told News 1st that the explosives were found concealed near an electricity post in Hanwella.Ravindu Warnaranga also known as 'Booru Moona', a wanted criminal who escaped police custody and was evading capture, was arrested close to the Court Complex in Avissawella on Friday (17).Police Spokesperson & Attorney SSP Nihal Thalduwa told News 1st that 'Booru Moona' was wanted by authorities for a series of murders and other crimes.‘Booru Moona’ had attempted to fly to Dubai under a false name from the Katunayake Airport on February 24th, and he was arrested by Immigration Officers at the BIA, who then handed him over to the Airport Police.Thereafter, he had escaped police custody and two monks along with another man were arrested by the Katunayake Police for facilitating the escape of the suspect.Moreover, a husband and wife duo who were arrested for providing accommodation to the fugitive ‘Booru Moona’ who escaped while in the custody of the Katunayake Airport Police, were remanded.‘Booru Moona’ was identified as the shooter by detectives who investigated the incident where a owner of a restaurant was shot dead at point-blank range in Hanwella on December 18th in 2022.The court had granted Sri Lanka Police to detain and interrogate the suspect for a period of 72 hours.

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Kabaragala Estate landslide injures five people - newsfirst.lk - Sri Lanka

20.03.2023 / 10:29

Kabaragala Estate landslide injures five people

COLOMBO (News 1st); At least five people were injured after heavy rains caused a landslide in the Kabargala Estate in Punagala, Bandarawela.According to reports from News 1st correspondents, the landslide occurred at approximately 9 pm on Sunday (19) near the Kabaragala Estate hospital.Over 30 homes have been damaged, leaving around 200 residents of 60 families without shelter. The Assistant Director of the Disaster Management Center for Badulla District, E.L.E.M.

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Samantha Power - Julie Chung - Free TSP fertilizer for North & East farmers; Distribution for other areas to commence soon - newsfirst.lk - Usa - Sri Lanka

20.03.2023 / 10:29

Free TSP fertilizer for North & East farmers; Distribution for other areas to commence soon

COLOMBO (News 1st);Sri Lanka's Agriculture Ministry said that 1.2 million local farmers will be given Triple Super Phosphate or TSP Fertilizer free of charge from Monday (20), after three harvesting seasons.The shipment of 36,000 metric tons Triple Super Phosphate (TSP) was funded by the United States Agency for International Development (USAID) and procured by the Food and Agriculture Organization of the United Nations (FAO) for distribution free-of-charge to farmers.Accordingly, 11,537 MT of TSP fertilizer will be issued to farmers in the Northern, and Eastern Provinces.TSP Fertilizer will be issued via all Agrarian Services Centers in the country.The Ministry of Agriculture said that TSP Fertilizer will be issued to other areas to commence harvesting.According to the ministry, 55 kg of fertilizer is recommended for one hectare of paddy cultivation.More than a million Sri Lankan paddy farmers in all 25 districts will get vital assistance through a shipment of over 36,000 metric tons of fertilizer handed over by the United States to the Ministry of Agriculture. This second shipment of USAID-supported fertilizer is delivered on a promise USAID Administrator Samantha Power made last September in response to Sri Lanka’s food security challenges. It brings the total of USAID-supported TSP and urea fertilizer to more than 45,000MT over the last year.U.S.

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Ranil Wickremesinghe - Temple Trees - Sri Lanka will be led to the path of success – President - newsfirst.lk - Sri Lanka

20.03.2023 / 08:31

Sri Lanka will be led to the path of success – President

PMD: President Ranil Wickremesinghe emphasized that the Royal College cricket team’s effective captaincy ultimately led to the team’s victory at a time when all of the matches were being lost and that his effort is to lift the defeated country to the path of victory similar to what the captain of the Royal College cricket team did.The President recalled that when he assumed office last July, the country was experiencing numerous crises such as shortage of fuel, food, and fertilizer. He compared this to the Royal team, which had suffered a string of defeats, and claimed that many people believed the country would not be able to recover.However, President Ranil Wickremesinghe stressed that his team was able to change that situation and create economic stability in the country in the last seven months and emphasized that Sri Lanka is no longer a bankrupt state.President Ranil Wickremesinghe made this statement while addressing the 32nd Interact District Conference held at Temple Trees on Sunday morning (19).He said that everyone would be able to witness a developing country in the next two years, and to make Sri Lanka the most prosperous country in the region, it is necessary to build the economy in addition to stabilizing it today.The President added that the 25-year plan to make Sri Lanka a successful nation by 2048 has already been implemented and it can only be achieved with the commitment of the current youth.This conference was organized by St.

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‘Raid Amazones’ athletes reach Sri Lanka - newsfirst.lk - Sri Lanka - France - city Paris

20.03.2023 / 08:11

‘Raid Amazones’ athletes reach Sri Lanka

COLOMBO (News 1st); Over 250 female athletes arrived in Sri Lanka for the challenging 'Raid Amazones' adventure event that will take place in March 2023 in Sri Lanka.Raid Amazones will hit the fabled streets of the hill capital, Kandy with the participation of over 250 female athletes. Raid Amazones is a coveted annual destination adventure event originating from France, which features female athletes competing their way through a range of challenges such as orienteering, mountain biking, canoeing, riding, running and archery. Sri Lanka was chosen over rival destinations by the event’s founders due to the unparalleled warmth of its people and support on ground to pull off a successful event.

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Gloomy weather looms over Sri Lanka - newsfirst.lk - Sri Lanka

20.03.2023 / 08:11

Gloomy weather looms over Sri Lanka

COLOMBO (News 1st); The Department of Meteorology has issued a warning of thundershowers across many regions of the island today (20), particularly in the evening and at night.The Western, Sabaragamuwa, Central, Uva, North Central, and Eastern provinces may face heavy downpours of up to 50 mm.In addition, wind speeds are expected to increase to 80 km per hour in the coastal areas from Colombo to Hambantota via Galle and Matara, according to the Department of Meteorology. With these conditions, the fishing and coastal communities are advised to exercise extreme caution and be vigilant while at sea.The general public is urged to monitor weather updates and be prepared for possible disruptions in daily routines.It is essential to follow safety precautions and avoid outdoor activities during periods of heavy rain and strong winds to prevent accidents and injuries, said the Met Department.

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MASSIVE crawler crane moved to Sri Lanka for Wind Power Project in Mannar - newsfirst.lk - Japan - Sri Lanka - Germany - county Power

19.03.2023 / 10:05

MASSIVE crawler crane moved to Sri Lanka for Wind Power Project in Mannar

Last week, the largest capacity crawler crane in Sri Lanka was unloaded at Hambantota International Port. The crane, with a 750-ton lifting capacity, will be initially used for Hiruras Wind Power Project in Mannar. The German built Liebherr brand crane was being used in Japan and has now been imported to Sri Lanka for civil projects.“HIP has earned itself a name for its RORO capabilities and currently we are aggressively promoting the port’s ability to handle all types of vehicles in the international market. The way this heavy equipment was unloaded at the port is a fine example of HIP’s capability.

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Ranil Wickremesinghe - Next IGP should have ability to restore public confidence in Sri Lanka Police – BASL writes to President - newsfirst.lk - Sri Lanka

18.03.2023 / 11:15

Next IGP should have ability to restore public confidence in Sri Lanka Police – BASL writes to President

Colombo (News 1st) – It is of "utmost importance" that the next Inspector General of Police of Sri Lanka "should be an officer whose service in the police force is exemplary and free of any blemish and able to restore public confidence in the Sri Lanka Police," stated the Bar Association of Sri Lanka in a letter addressed to President Ranil Wickremesinghe.The BASL letter has been issued in response to news that the office of the IGP is due to fall vacant on the 23rd of March, 2023."It is of utmost importance that the best possible appointment be made to that office" the BASL urged the President."During the last few decades there has been a serious erosion of public confidence in the Sri Lanka Police. The lack of independence, politicisation, police brutality, custodial deaths, lack of professionalism have all contributed to the erosion of public confidence in the Police.

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‘Divi Saviya’ launched to support Sri Lankan students - newsfirst.lk - Sri Lanka

18.03.2023 / 08:23

‘Divi Saviya’ launched to support Sri Lankan students

COLOMBO (News 1st); Sri Lanka's Education Minister Susil Premajayanth said that from the 23rd of March school text books will be distributed to all students across all schools in the country.He was speaking at the school books and stationery distribution program named 'Divi Saviya' organized by the LOLC Holdings on Friday (17).The 'Divi Saviya' program organized by LOLC Holdings will distribute school books and stationery material to all students.Friday's (17) program took place at the Ganemulla Sri Sumangala Prime School, and it was attended by Education Minister Susil Premajantha.This event was also attended by Kithsiri Gunawardena, Chief Operating Officer of LOLC Holdings PLC and Gampaha Zonal Education Director P. D.

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Hope Sri Lanka Parliament will ‘reconsider’ appropriateness of questioning Supreme Court judges – Bar Council of England and Wales - newsfirst.lk - Sri Lanka - county Will

18.03.2023 / 08:23

Hope Sri Lanka Parliament will ‘reconsider’ appropriateness of questioning Supreme Court judges – Bar Council of England and Wales

Colombo (News 1st) – The Bar Council of England and Wales in a press release stated that it hopes "parliamentary authorities in Sri Lanka will reconsider most carefully the appropriateness of questioning Supreme Court Judges before a parliamentary committee, and we similarly hope that the Sri Lankan government will consider most carefully whether it can be ever be right to encourage disobedience to court orders.”The release refers recent statements made by State Minister of Finance Shehan Semasinghe and Premnath Dolawatte MP, referring to an ongoing case in the Supreme Court pertaining to the Local Authorities elections.The release, quoting the Chair of the Bar Council of England and Wales, Nick Vineall KC, said: “An independent judiciary is an essential and integral part of the rule of law.

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FIFA strips Sri Lanka of its voting rights; suspension upheld - newsfirst.lk - Sri Lanka - Zimbabwe

17.03.2023 / 11:15

FIFA strips Sri Lanka of its voting rights; suspension upheld

COLOMBO (News 1st); FIFA has upheld a decision to maintain the suspension on Sri Lanka strip the island nation of its voting rights.Sri Lanka and Zimbabwe were suspended from voting during FIFA elections.

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Gammanpila wants details of US delegation that visited Sri Lanka aboard USAF planes - newsfirst.lk - Usa - Sri Lanka

17.03.2023 / 11:11

Gammanpila wants details of US delegation that visited Sri Lanka aboard USAF planes

COLOMBO (News 1st); MP Udaya Gammanpila has filed requests with the Department of Immigration and Emigration and the Katunayake Airport seeking information on the US diplomats who recently visited Sri Lanka.The requests were filed under the Right to Information Act.MP Udaya Gammanpila noted that the US diplomats had arrived in Sri Lanka on the 17th of February, onboard two C-17 Globe master aircraft.Gammanpila via his requests seek confirmation for the presence of the Director of the Federation Bureau of Investigation among the delegation.MP Udaya Gammanpila also requested information on whether any official from Sri Lanka had instructed that the US delegation not be subject to a check by Immigration and Emigration officials and Sri Lanka Customs officials.

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NO risk of Listeria spread in Ratnapura – DHS - newsfirst.lk - Usa - Sri Lanka

17.03.2023 / 10:29

NO risk of Listeria spread in Ratnapura – DHS

COLOMBO (News 1st); Sri Lankan health authorities claimed there is no risk of Listeria (Listeriosis) spreading across the Ratnapura District.Director of Health Services for the Ratnapura District Dr.

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Chamil Wijesinghe - University operations crippled by FUTA strike; Professionals to meet President’s Secretary for talks - newsfirst.lk - Sri Lanka

17.03.2023 / 06:57

University operations crippled by FUTA strike; Professionals to meet President’s Secretary for talks

COLOMBO (News 1st); The Professionals Trade Union Collective will meet with the President's Secretary on Friday (17) morning. The PTCU is a collective of over forty trade unions that is against the government's new tax regime.Friday's (17) meeting is to be held ahead of the meeting the Professionals Trade Union Collective will have with the President.Spokesperson for the Government Medical Officers Association Dr.

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Vanithabhimana 2022: Shalani Tharaka adjudged Most Popular Woman - newsfirst.lk - Sri Lanka

16.03.2023 / 18:31

Vanithabhimana 2022: Shalani Tharaka adjudged Most Popular Woman

Actress Shalani Tharaka was adjudged the Most Popular Woman at 'Sri Lanka Vanithabhimana 2022' The women who made the Top Five at 'Sri Lanka Vanithabhimana 2022' were Actress Shalani Tharaka, Actress Dusheni Mayurangi, Musician Kanchana Anuradhi, Actress Ruwangi Ratnayake, and Female Cricketer Chamari Atapattu.Grand Finale of 'Sri Lanka Vanithabhimana 2022' – powered by News 1st and NDB to empower Sri Lankan women took place on Thursday (16) evening at the Stein Studios in Ratmalana.The Gala evening was graced by women representing various fields and distinguished guests. 'Sri Lanka Vanithabhimana 2022' is a program organized to empower the women of Sri Lanka and to recognize them for their achievements.Vanithabhimana 2022 was an island-wide program that spanned across a year to locate Sri Lankan Women entrepenuers living in the most remote areas.On Thurday (16) evening these women walked on the Red Carpet to the Stein Studios for the Grand Finale.A panel of expert judged led by Director General Department of Manpower & Employment Anusha Gokula Fernando selected the best from the best at Vanithabhimana 2022.Women who braved the challenges in multiple sectors including, Sports, Entrepreneur – Micro Scale, Entrepreneur – Small Scale, Upcoming Entrepreneur, Voluntary Services, Art, Education Services, and Young Leader were recognized at the event.Women who excelled in the Provincial Level competitions under 10 categories qualified for the National Level Competition.10 women who excelled in those fields were also recognized at Vanithabhimana 2022.Further, 10 women who excelled at Industrial and Professional level were also recognized.Veteran Actress Anoja Weerasinghe, the First Female Aviator of Sri Lankan Airlines Captain

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FUTA continues strike and A/L paper marking delayed - newsfirst.lk - Sri Lanka

16.03.2023 / 09:45

FUTA continues strike and A/L paper marking delayed

COLOMBO (News 1st); The Federation of University Teachers Associations said that its members will continue to strike against the conduct of the government.Activities across state universities were crippled on Thursday (16), and FUTA said it would refrain from taking part in evaluating the answer scripts of the G. C.

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Sri Lanka’s economy contracted 7.8% in 2022 - newsfirst.lk - Sri Lanka - Britain

16.03.2023 / 07:07

Sri Lanka’s economy contracted 7.8% in 2022

Sri Lanka's economy shrank 7.8% in 2022 from the previous year, government data showed on Wednesday, as the country struggled with its worst financial crisis in more than seven decades.The island's fourth-quarter GDP contracted 12.4%, according to the figures.Sri Lanka's growth is expected to shrink by 3% this year, Moody's Investors Service said on Monday but growth is expected to rebound in 2024.Economic mismanagement coupled with the impact of the COVID-19 pandemic left Sri Lanka severely short of dollars for essential imports at the start of last year tipping the country into the worst financial crisis since Independence from the British in 1948.Sri Lanka is waiting for a $2.9 billion bailout program from the International Monetary Fund (IMF) to be finalised on March 20.“These numbers are broadly in line with expectations.

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Ranil Wickremesinghe - China donates police uniform material to Sri Lanka - newsfirst.lk - China - Sri Lanka

15.03.2023 / 13:59

China donates police uniform material to Sri Lanka

COLOMBO (News 1st); The Chinese Embassy handed over a donation of material to the Government of Sri Lanka for the production of police uniforms.The donation was made by the Ambassador of China to Sri Lanka, Qi Zhenhong, to the Minister of Public Security, Tiran Alles.This donation was made at the President's Office in the presence of President Ranil Wickremesinghe.

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Colombo Harbour - Strike at Colombo Port leads to heated exchange with officials, and Navy - newsfirst.lk - Sri Lanka

15.03.2023 / 12:23

Strike at Colombo Port leads to heated exchange with officials, and Navy

COLOMBO (News 1st); Tensions boiled over during a protest at the Sri Lanka Ports Authority in Colombo during a strike launched by the dockworkers at the Colombo Harbour.Dock Workers withdrew from services on Wedensday(15), in line with the nation wide strike by professionals against the government's tax policy.A heated situation arose within the port between the employees who were on strike and the governing authority.Niroshan Gorakanage, Chairman of the All Ceylon General Port Employees Union said that the SLPA chairman and a group of other officials attempted to deploy port workers for shipping operations.Following the incident port employees engaged in a motorcycle parade which was obstructed by officers from the Sri Lanka Navy.

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Ranil Wickremesinghe - Railway Stations empty as 24-hour strike cripples operations - newsfirst.lk - Sri Lanka

15.03.2023 / 11:21

Railway Stations empty as 24-hour strike cripples operations

COLOMBO (News 1st); Railway operations were crippled on Wednesday (15) morning due to a strike launched by the Locomotive Operating Engineers' Association.The Locomotive Operating Engineers' Association of Sri Lanka Railways declared a 24-hour strike that come into effect at midnight on Tuesday (14).According to Sri Lanka Railways, around 20 trains operated on Wednesday (15) morning, compared to the over 60 trains that operate daily in the morning.Railways General Manager A. D.

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President’s Media Division responds to strikes by Trade Unions - newsfirst.lk - Sri Lanka

15.03.2023 / 11:21

President’s Media Division responds to strikes by Trade Unions

COLOMBO (News 1st); The President's Media Division operating from the Sri Lankan President's Office released a series of statements on the nation-wide strikes that were launched on Wednesday (15).The statements by the PMD are as follows:– The Railway Department GM confirmed that as a result of the committed service of Railway employees, 20 trains had operated by 8.00 this morning for the convenience of commuters despite the union action.– CPC/CPSTL Chairman Mr. M.U.

Sri Lanka president doctor medicines Department reports Action Cooper

Sri Lankan schools empty as Teachers & Principals go on strike - newsfirst.lk - Sri Lanka

15.03.2023 / 10:37

Sri Lankan schools empty as Teachers & Principals go on strike

COLOMBO (News 1st); The teachers and principals unions in Sri Lanka went on a one-day strike on Wednesday (15).Teachers and Principals went on strike in support of the action taken by the Professionals Trade Union Collective and several other issues.News 1st correspondents reported that student turnout across schools in the country was at a low as a result of the strike.The Professionals Trade Union Collective had declared a nation-wide day of strikes and protests.Government, Semi-Government and Private Trade Unions are geared up to support the strikes.Government Medical Officers, Specialist Doctors, University Teachers, Faculty of Medicine Teachers, CEB Engineers, Bankers, Petroleum Workers, Water Supply Workers, Road Development Officers, Education Administrative Officers, Surveyors, Inland Revenue Officers are among the 40 Trade Unions that will support this move.Their main demand is to amend the unjust tax policy implemented by the government.The PAYE tax between 6% to 36% imposed on monthly earnings over Rs. 100,000/- had placed professionals across many sectors in a tough position.Public, Semi-Public and Private Trade Unions have joined their cause with several more demands.These include a demand to reduce bank interest rates, provide a Cost of Living Allowance of Rs.

Sri Lanka doctor medicines Health reports Action Provident Waters

Marie Trevelyan - Ali Sabry - James Cleverly - Another four countries give assurances to IMF on Sri Lanka - newsfirst.lk - Sri Lanka - Kuwait - Britain - Pakistan - Scotland - city London - Hungary - Saudi Arabia

15.03.2023 / 07:45

Another four countries give assurances to IMF on Sri Lanka

COLOMBO (News 1st); Sri Lanka's Foreign Minister Ali Sabry, PC said that four more countries have stepped forward to provide debt restructuring assurances to the International Monetary Fund.He tweeted that Saudi Arabia, Pakistan, Hungary, and Kuwait have given debt restructuring assurances to IMF. The Foreign Minister is in the UK to attend the Commonwealth Day celebrations.Minister of Foreign Affairs, Ali Sabry will participate in the 22nd Commonwealth Foreign Affairs Ministers Meeting (CFAMM) at the Commonwealth Headquarters, Marlborough House, London on 15 March 2023. This year’s CFAMM will engage the Foreign Ministers in discussing joint responses to shared challenges such as the need to build resilience for peaceful and sustainable societies, climate financing for environmental sustainability and leveraging intra -commonwealth trade and digital connectivity for economic recovery, food, and energy security.On the sidelines of these events, Minister Sabry will have a call on the Rt Hon James Cleverly, Secretary of State for Foreign, Commonwealth Development Affairs (FCDO), bilateral meetings with Rt Hon Patricia Scotland KC, Secretary General of the Commonwealth, Ann Marie Trevelyan, Minister of State for Indo – Pacific FCDO and Lord Mervyn Davies of Abersoch, Prime Minister’s Trade Envoy for Sri Lanka. The Foreign Minister will also participate in an afternoon tea hosted by Rt Hon Lord Naseby at the House of Commons and deliver remarks on Sri Lanka’s relations with the UK to a cross section of British Parliamentarians organized by the Sri Lanka High Commission in London together with Sri Lanka Tea Board.

Marie Trevelyan Ali Sabry James Cleverly Sri Lanka Kuwait Britain Pakistan Scotland city London Hungary Saudi Arabia Digital Provident Remark Assurant

Underworld gangster ‘Harak Kata’ extradited to Sri Lanka from Madagascar - newsfirst.lk - Sri Lanka - Madagascar

15.03.2023 / 07:15

Underworld gangster ‘Harak Kata’ extradited to Sri Lanka from Madagascar

COLOMBO (News 1st); Nadun Chinthaka Wickramaratne, a notorious underworld gang leader and drug trafficker, wanted by Sri Lankan authorities for multiple crimes, was extradited to Sri Lanka on Wednesday (15) morning.Detectives from the Criminal Investigations Department escorted Harak Kata to Sri Lanka along with his associate Salindu Malshaka also known as Kudu Salindu. Sri Lanka Police said the suspects will be subject to further investigations.

Sri Lanka Madagascar Department

Ranil Wickremesinghe - Sri Lanka will not risk offering debt treatment outside IMF program – President - newsfirst.lk - China - Japan - India - Sri Lanka

14.03.2023 / 17:57

Sri Lanka will not risk offering debt treatment outside IMF program – President

COLOMBO (News 1st); Sri Lankan President Ranil Wickremesinghe has expressed gratitude to the Paris Club, Japan, India, and China for enabling cooperation required to reach an IMF facility for the country.In an open letter to Sri Lanka's Official Bilateral Creditors, President Wickremesinghe noted that the government deployed all efforts to demonstrate our commitment to the EFF program and relentlessly engage on the path to reforms. He said the administration has already implemented major reforms by way of prior actions agreed with the IMF.The President said his government introduced a robust reform agenda aimed at achieving debt sustainability, strengthening governance, widening the social safety nets supporting the most vulnerable and ensuring we can grow an inclusive economy attractive to international business. He said this is how Sri Lanka will improve the lives of its people and ensure they are first in line to benefit from improvements in our economic conditions.The President has requested creditors to maintain and even enlarge and strengthen official bilateral creditor coordination in the context of Sri Lanka's forthcoming engagement. He called on the Paris Club bilateral partners, in particular Japan, together with all our other official bilateral partners, including India and China, to garner and foster coordination as you best see fit.The Presidnet noted that Sri Lanka is committed to communicate transparently with all on any debt treatment terms that are agreed with any creditor or group of creditors, before being formalized. The President in his letter has also committed not to resume debt service to any creditor unless that creditor agrees on a comprehensive debt treatment in line with IMF-supported

Ranil Wickremesinghe China Japan India Sri Lanka president economy Government platform Action Target Cooper

Dinesh Gunawardena - Janaka Wakkumbura - Tenure of LG bodies will be announced, soon - newsfirst.lk - Sri Lanka

14.03.2023 / 15:03

Tenure of LG bodies will be announced, soon

COLOMBO (News 1st); Sri Lanka's Prime Minister Dinesh Gunawardena noted that immediate measures will be taken to announce the new tenure of Local Government Institutions.The Prime Minister said that the new tenure will be announced following talks with the Election Commission, and the Ministry officials.All public property used by Local Government Members should be handed over to the state before the 19th of March.State Minister Janaka Wakkumbura told News 1st that the tenure of Local Government Institutions will cease from midnight on the 19th of March, and the administration will fall under the Urban Commissioners and the Pradeshiya Sabha Secretaries.He said that only reform measures can be adopted by Local Government Institutions after the 19th of March.

Dinesh Gunawardena Janaka Wakkumbura Sri Lanka Government

Korea to fund Floating Solar Plant project; Cabinet gives green light for pilot project - newsfirst.lk - South Korea - Sri Lanka - North Korea

14.03.2023 / 11:39

Korea to fund Floating Solar Plant project; Cabinet gives green light for pilot project

COLOMBO (News 1st); Sri Lanka's Cabinet of Ministers has granted approval to go ahead with a pilot project to install Floating Solar Panel Power Plants on the surface of Kiriibban Wewa reservoir and Chandrika Wewa reservoir in the Ratnapura District.Under the Framework Convention on Grant Aid signed between the Republic of Korea and Sri Lanka in 2009, the Minister of Trade, Industry and Energy of the Republic of Korea has agreed to provide a grant amounting 6.83 Billion Korean Won for the implementation of a pilot project to install floating solar panel power plant with 1 MW capacity on the surface of reservoirs. Korea Institute for Advancement of Technology is acting as the monitoring agency for the pilot project on behalf of the Korean government, said the Department of Government Information.Accordingly, the Cabinet of Ministers approved the proposal presented by the Minister of Power and Energy to sign the documents between the Korea Institute for Advancement of Technology, the Ministry of Power and Energy and the Department of External Resources to start and implement this pilot project according to the agreement reached.

South Korea Sri Lanka North Korea Government Department Provident

NO leave for railways workers - newsfirst.lk - Sri Lanka

14.03.2023 / 11:09

NO leave for railways workers

COLOMBO (News 1st); Leave of all employees of Sri Lanka Railways cancelled with immediate effect, said the Superintendent of Sri Lanka Railway on Tuesday (14) afternoon.The announcement came after the Locomotive Operating Engineers' Association of Sri Lanka Railways declared a 24-hour strike.The strike will come into effect at midnight on Tuesday (14).The Locomotive Operating Engineers' Association decided to go on strike in support of the mass strike that will launched by multiple trade unions on Wednesday (15), against the governments unjust tax policy, and several other social issues.

Sri Lanka Government

Massive Strikes planned for Wednesday (15); Govt. warns of strict action – Here’s a list of services that will likely be affected - newsfirst.lk - Sri Lanka

14.03.2023 / 10:39

Massive Strikes planned for Wednesday (15); Govt. warns of strict action – Here’s a list of services that will likely be affected

COLOMBO (News 1st); Multiple sectors have decided to go on strike for 24-hours on Wednesday (15). One of the main reasons for the strike is the government's latest tax policy, which professionals term as unfair. They have called for immediate reforms in the tax policy.Health Services:The Trade Union action, launched by the Government Medical Officers' Association on Monday (13), continued on Tuesday (14) across five provinces and is expected to go nation-wide on Wednesday (15).The GMOA went on strike against the government's new tax regime, medicine shortage and several other social issues.The All Ceylon Nurses' Union said it would support Wednesday's (15) strike action.Postal Services:The United Postal Services Trade Union Front said it would engage in a trade union action as planned on Wednesday (15).It added that workers at the Central Mail Exchange will step away from duties from 4 PM on Tuesday (14).Transportation Services:The Locomotive Operating Engineers' Association of Sri Lanka Railways declared a 24-hour strike. The strike will come into effect at midnight on Tuesday (14).Education Services: Prof.

Sri Lanka Government medicines reports Action

Locomotive Engineers decide to go on strike for 24-hours - newsfirst.lk - Sri Lanka

14.03.2023 / 09:25

Locomotive Engineers decide to go on strike for 24-hours

COLOMBO (News 1st); The Locomotive Operating Engineers' Association of Sri Lanka Railways have declared a 24-hour strike.The strike will come into effect at midnight on Tuesday (14).The Locomotive Operating Engineers' Association decided to go on strike in support of the mass strike that will launched by multiple trade unions on Wednesday (15), against the governments unjust tax policy, and several other social issues.

Sri Lanka Government

Postal Service declared as essential service - newsfirst.lk - Sri Lanka

14.03.2023 / 09:07

Postal Service declared as essential service

COLOMBO (News 1st); Sri Lanka's Postal Service has been declared as an essential service by the President via an extraordinary gazette dated 13th March 2023.

Sri Lanka president

Seetha Arambepola - Sampath Amarathunga - Committee to explore possibility in providing clinical training for Private Medical Students - newsfirst.lk - Sri Lanka

14.03.2023 / 09:07

Committee to explore possibility in providing clinical training for Private Medical Students

COLOMBO (News 1st); Sri Lankan President has decided to appoint a Committee to identify suitable government hospitals to be used as Teaching Hospitals to provide clinical training for Private Medical Students.The President's Media Division said this decision was made to provide clinical training for Medical Students enrolled at the KDU, Dr. Neville Fernando Hospital, Lyceum Campus and other universities in Colombo, Kalutara, Gampaha, Kurunegala & Polonnaruwa, According to the President's Media Division this training will be provided without hampering the training of students in State Universities.Accordingly, State Minister of Health Dr. Seetha Arambepola will be appointed as the Chairperson of the aforementioned Committee, while other appointed members will include Additional Secretary to the Ministry of Health Dr.

Seetha Arambepola Sampath Amarathunga Sri Lanka hospital recommendations president Government medicines Health Provident

Charles - West End stars Roshani Abbey and Nuwan Hugh perform at Commonwealth Service - newsfirst.lk - Sri Lanka - Scotland - Cyprus - Rwanda - county King And Queen

14.03.2023 / 07:17

West End stars Roshani Abbey and Nuwan Hugh perform at Commonwealth Service

COLOMBO (News 1st); West End stars Roshani Abbey and Nuwan Hugh Perera from Sri Lanka made a special performance of the song "Anagathaye" at the Commonwealth Day Service, that was also attended by King Charles.Their Majesties The King and The Queen Consort attended the annual Commonwealth Day Service at Westminster Abbey on Monday 13th March – The King’s first as monarch.During the service, which was conducted by the Dean of Westminster, the Very Reverend Dr David Hoyle, The King delivered his Commonwealth Day message from the Great Pulpit, saying:'Commonwealth Day was an occasion of particular pride for my beloved mother, the late Queen; a treasured opportunity to celebrate our Commonwealth family, to whose service she dedicated her long and remarkable life. The Commonwealth has been a constant in my own life, and yet its diversity continues to amaze and inspire me.

Charles Sri Lanka Scotland Cyprus Rwanda county King And Queen stars Remark

Xi Jinping - Ranil Wickremesinghe - President Wickremesinghe congratulates President Xi on third term as President - newsfirst.lk - China - Sri Lanka

13.03.2023 / 16:55

President Wickremesinghe congratulates President Xi on third term as President

COLOMBO (News 1st); Sri Lankan President Ranil Wickremesinghe congratulated Chinese President Xi Jinping on his confirmation for a third term and praised China's progress under his leadership. The President's Media Division said that Wickremesinghe expressed appreciation for China's support in Sri Lanka's economic challenges, especially in the IMF process & expressed confidence that the two countries' robust cooperation will continue to flourish during Prez. Xi Jinping's new term.Chinese leader Xi Jinping was awarded a third five-year term as president on 10th March, putting him on track to stay in power for life at a time of severe economic challenges and rising tensions with the U.S.

Xi Jinping Ranil Wickremesinghe China Sri Lanka president Party Progressive Cooper

Wildlife Vet attacked by leopard trapped in a snare; Vows to return to treating wild animals after recovery - newsfirst.lk - Sri Lanka

13.03.2023 / 16:55

Wildlife Vet attacked by leopard trapped in a snare; Vows to return to treating wild animals after recovery

COLOMBO (News 1st); Sri Lanka wildlife veterinarian Malaka Kasun Abeywardana considers himself lucky, after he was attacked by an injured leopard recently, and lived to tell the tale. Dr.

Sri Lanka death Parke

Ranil Wickremesinghe - Kanchana Wijesekera - China’s SINOPEC to invest in H’tota refinery; Meets President to discuss expansion - newsfirst.lk - China - Sri Lanka - county Petroleum

13.03.2023 / 16:43

China’s SINOPEC to invest in H’tota refinery; Meets President to discuss expansion

COLOMBO (News 1st); Sri Lankan President Ranil Wickremesinghe said that the government has taken a principled decision to expand the distribution of fuel.He also noted that Hambantota has been identified as a primary energy hub. According to the President's Media Division, he made these comments during a discussion with the representatives of the Sinopec Group held at the President's Office in Colombo on Monday (13).Sinopec has also pledged to invest in a refinery in Hambantota, said the PMD.The representatives informed the Sri Lankan Government that their organization has adhered to the existing system and has applied accordingly. They further conveyed their readiness to fully finance the construction of a refinery in Hambantota, which has been identified as a central energy hub by the government.Moreover, the representatives stated that their company is prepared to respond to future solicitations that align with the aspirations of the country.

Ranil Wickremesinghe Kanchana Wijesekera China Sri Lanka county Petroleum president information Government Parke Cooper Enterprise

Sinopec and China Merchant delegates in Colombo to enhance cooperation, investments - newsfirst.lk - China - Sri Lanka - Hong Kong

13.03.2023 / 15:51

Sinopec and China Merchant delegates in Colombo to enhance cooperation, investments

COLOMBO (News 1st); Top delegations from the Sinopec Group (Ranking 5th in the Fortune Global 500 list of 2022) and the China Merchants Group (152nd) are currently visiting Sri Lanka.The Chinese Embassy in Sri Lanka tweeted that the delegates are in the country to enhance cooperation and further investment on petroleum & chemicals, trade, and port & industrial park operation.China Merchants Group: China Merchants Group (CMG) is a state-owned backbone enterprise headquartered in Hong Kong. CMG was founded in the Self-strengthening Movement in the late Qing Dynasty in 1872. As the first joint-stock company in modern China, it established the first merchant fleet, the first bank and the first insurance company in China, pioneering China's modern national shipping industry and driving the development of many other modern industries, and occupying an important position in the history of China's modern economic and social development. China Merchants Group is also the parent company of the Hambantota International Port Group (HIPG).Sinopec Corp:China Petroleum & Chemical Corporation (Sinopec Corp) is a listed company on domestic and international stock exchanges with integrated upstream, midstream and downstream operations, strong oil & petrochemical core businesses and a complete marketing network. Sinopec Corp.

China Sri Lanka Hong Kong information Parke Cooper Enterprise

Ranil Wickremesinghe - Saliya Peiris - Justice Jayantha Jayasuriya - BASL felicitates President on completion of 50 years at the Bar - newsfirst.lk - Sri Lanka - city Sanjay - county Leslie

13.03.2023 / 15:51

BASL felicitates President on completion of 50 years at the Bar

The Bar Association of Sri Lanka organized a felicitation ceremony on Sunday (12), to honour those who have completed fifty years at the Bar.During the Felicitation Dinner, President Ranil Wickremesinghe, who has also completed fifty years at the Bar, was honoured and presented with a plaque by Chief Justice Jayantha Jayasuriya PC.The Felicitation Dinner was organized by the Bar Association of Sri Lanka (BASL) to honour 26 individuals who have served at the Bar for 50 or more years.The event coincided with the two-day National Law Conference 2023, also organized by the BASL, which is held on the 12th and 13th of March.Juliana Margaret Coswatte, Walter Leslie de Silva, Ratnasabapathy Arumugam Jegatheson, Upali A. Gooneratne PC, Kanagaratnam Kaneshayogan, M.

Ranil Wickremesinghe Saliya Peiris Justice Jayantha Jayasuriya Sri Lanka city Sanjay county Leslie president

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