AirAsia consulting to further engage with IFC on SriLankan Airlines divestiture

KUALA LUMPUR: AirAsia Consulting is planning further engagement with the International Finance Corporation (IFC) which is mandated to advise the Sri Lanka government on the divestiture of SriLankan Airlines Ltd. The consultancy was responding to the latest news report on AirAsia being among six bidders for Sri Lanka’s state-run carrier SriLankan Airlines since the island […]

Shining a light on colonial Sri Lanka through early photographs

KUCHING: Shalini Amerasinghe Ganendra’s pioneering work shines a light on colonial Sri Lanka through early photographs. Her monograph, titled “Veins of Influence: Colonial Sri Lanka (Ceylon) in Early Photographs and Collections”, has made an impactful and far-reaching contribution to the world of photography and visual impression. This seminal publication unveils a valuable collection of more […]

Dry spell hits wild animals in Sri Lanka’s national park

COLOMBO: The waterholes and ponds in a key wildlife park in Sri Lanka have dried up due to the prevailing dry spell, compelling the authorities to transport water from outside, a wildlife conservator said on Tuesday. Suranga Senanayake, warden of the Wilpattu National Park, told the media that all the water sources inside the park […]

Sri Lanka celebrates 75 year of independence from British rule

COLOMBO: Sri Lanka celebrated 75 years of independence from British rule on Saturday by holding a military and cultural parade with the participation of a number of foreign special invitees. Sri Lankan President Ranil Wickremesinghe and Prime Minister Dinesh Gunawardena participated in the events held at Galle Face in Colombo, according to Xinhua. The parade included […]

Economic growth makes Malaysia different from Sri Lanka

SUNGAI ASAP (Belaga): Deputy Minister of Finance Datuk Indera Mohd Shahar Abdullah is confident Malaysia will not go bankrupt like Sri Lanka because the country’s economic growth is much stronger. In rejecting rumours circulating on Malaysian social media, he said that the country still has room to borrow. In fact, he added, the International Monetary […]

State of emergency declared in Sri Lanka

COLOMBO: Sri Lanka’s acting President Ranil Wickremesinghe has declared a nationwide state of emergency with effect from Monday, reported Xinhua. A special gazette notice said Wickremesinghe declared the state of emergency in the interests of public security, the protection of public order and the maintenance of supplies and services essential to the life of the […]

Sri Lankan president to appoint new PM this week

COLOMBO: Sri Lankan president Gotabaya Rajapaksa on Wednesday said that he will appoint a new prime minister within this week. He said in a televised speech that a person who has the trust of the majority of parliamentarians and the people will be selected as the prime minister, reported Xinhua. Rajapaksa said a new constitutional […]

Sri Lanka PM quits as violence kills 5, injures 180

COLOMBO: Violence raged across Sri Lanka late into the night on Monday, with five people dead and some 180 injured as prime minister Mahinda Rajapaksa quit after weeks of protests. Those killed in the worst unrest since the crisis began included a lawmaker from the ruling party who shot two people. Another ruling party politician […]

IMF asks Sri Lanka to restructure debt before bailout

COLOMBO, Sri Lanka: The International Monetary Fund said on Wednesday that it has asked cash-strapped Sri Lanka to “restructure” its huge foreign debt before a bailout programme could be finalised as anti-government protests escalated across the island. Sri Lanka opened talks with the IMF in Washington this week after announcing its first ever default on […]

Sabah bars entry from four countries

KOTA KINABALU: The Sabah government has decided to bar entry of individuals from Bangladesh, Nepal, Pakistan and Sri Lanka into the state as part of efforts to curb the spread of Covid-19. Chief Minister Datuk Hajiji Noor said that the move was also an important step to prevent the entry of new Covid-19 variants into […]