Volodymyr Zelensky said he was ready to work under Donald Trump’s “strong leadership” to achieve a lasting peace days after their explosive Oval Office meeting.
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The Employees’ Provident Fund (EPF) has suffered close to Rs. 20 billion in losses from bond and equity market investments, with an additional Rs. 12 billion in foregone earnings, as a result of bypassing due process and investing in unlisted equity, according to a new report by Verité Research.
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The Colombo stock market yesterday began the new month of March on a dismal note with a sharp dip in indices and lacklustre turnover.The benchmark ASPI was down by 1.9% and the active S&P SL20 by 2.1%. Turnover was Rs. 1.5 billion involving 65.2 million shares.
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Current account achieves higher surplus of $ 130.2 m in January 2025 compared to $ 81 m a year ago due to improvement in surplus in services and secondary income accounts despite wider trade deficitThe Central Bank of Sri Lanka (CBSL) has begun publishing the monthly external sector current account statistics starting from January 2025.
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Sri Lanka’s defence agencies are staying vigilant over intelligence information of an extremist group operating from the East, Cabinet Spokesman Nalinda Jayatissa said.
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SriLankan Airlines has introduced a new wireless entertainment facility for some its narrow-body-A320 aircraft, the company said.
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Sri Lanka can restructure its state-owned enterprises (SOEs) without privatizing, but they should not be a burden to the island nation’s tax payers or government debts, a top International Monetary Fund official said.Restructuring Sri Lanka’s loss-making SOEs is crucial for stabilizing the country’s economy, reducing fiscal deficits, and ensuring long-term financial sustainability.
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The Cabinet of Ministers has granted approval for the development of 24 oil tanks at the Trincomalee upper tank farm.
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Cabinet Spokesperson, Minister Dr. Nalinda Jayatissa revealed that intelligence have been received about an extremist organization operating in the Kalmunai area of the Eastern Province.
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Sri Lanka is setting up a tax crimes unit within the Department of Inland Revenue as part of efforts to reduce corruption, according to International Monetary Fund program documents.
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