Wickremesinghe Appoints Underprivileged Youths as Multi-Purpose Assistants in Anuradhapura, While Controversy Rages over Meritocracy
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Wickremesinghe Appoints Underprivileged Youths as Multi-Purpose Assistants in Anuradhapura, While Controversy Rages over Meritocracy

Kantale, Sri Lanka (January 4, 2024) – In a move likely to ignite further debate on public service recruitment, President Ranil Wickremesinghe has decided to confirm the appointments of the multi-purpose development assistants (MPDAs) given by the Gotabaya Rajapaksa regime. Current President Ranil Wickrmasinghe has approved the permanent appointment of 219 MPDAs in Anuradhapura district….

Sri Lanka Blocks Chinese Research Vessels, Fueling Tensions in the Indian Ocean
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Sri Lanka Blocks Chinese Research Vessels, Fueling Tensions in the Indian Ocean

Sri Lanka has ignited a geopolitical firestorm by imposing a one-year ban on Chinese research vessels entering its ports and conducting research in its exclusive economic zone (EEZ). This move, announced on January 1st, comes after months of mounting pressure from India and the United States, both wary of China’s expanding research fleet in the…

Sri Lanka Welcomes Over 1.4 Million Tourists in 2023, Despite Missing Target by a Hair
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Sri Lanka Welcomes Over 1.4 Million Tourists in 2023, Despite Missing Target by a Hair

India Drives Tourism Boom, While Russia Takes Second Place Sri Lanka’s tourism industry celebrated a strong 2023, welcoming 1,487,303 tourists despite falling just short of the ambitious 1.5 million target. This impressive figure marks a 106.6% increase compared to 2022, showcasing a significant rebound for the island nation. India emerged as the undisputed leader, sending…

Sri Lanka-Thailand FTA: A Beacon of Hope for Economic Recovery
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Sri Lanka-Thailand FTA: A Beacon of Hope for Economic Recovery

A glimmer of hope shines on Sri Lanka’s horizon as the island nation gears up to finalize a historic free trade agreement (FTA) with Thailand. After the successful conclusion of the 9th round of negotiations in December 2023, Thai Prime Minister Srettha Thavisin is set to visit Sri Lanka in February 2024 to officially sign…

Japan’s Suzuki to visit Sri Lanka in January
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Japan’s Suzuki to visit Sri Lanka in January

Japanese Finance Minister Shunichi Suzuki announced on Tuesday that he will embark on visits to Cambodia and Sri Lanka in January. During these visits, Suzuki aims to address economic challenges and strengthen financial cooperation between Tokyo and the two nations. The finance minister is set to emphasize the critical need to advance debt restructuring efforts…

Sri Lanka transfers 160 million USD to poor and vulnerable people’s welfare in past 6 months
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Sri Lanka transfers 160 million USD to poor and vulnerable people’s welfare in past 6 months

Colombo, December 21, 2023: The Sri Lankan government’s commitment to social welfare continues, with over 51.9 billion rupees (approximately 160 million USD) disbursed to 1.4 million needy families under the Aswesuma program in the past six months. State Minister of Finance Shehan Semasinghe announced this significant milestone today, highlighting the ongoing support for vulnerable populations….

Foreign Exchange Boost: Sri Lanka Surges Towards Recovery with $787 Million Aid Injection
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Foreign Exchange Boost: Sri Lanka Surges Towards Recovery with $787 Million Aid Injection

Colombo, December 21, 2023 (Daily Reporter): Sri Lanka’s economic horizons are brightening as a much-needed international aid package of $787 million bolsters its foreign exchange reserves and fuels optimism for a sustained recovery. This month alone, the island nation received disbursements of $337 million from the International Monetary Fund (IMF), $200 million from the World…