The new system, which was operationalised in April, has faced pushback from tour operators, while the opposition in Sri Lanka has alleged corruption worth $1 billion.
With just one seat in parliament, Wickremesinghe needs support of the SLPP party, which counts ex-president Mahinda Rajapaksa & his brother as key members, to be a stronger contender.
Full budget sees sizeable increase in development aid to Sri Lanka, while assistance to Maldives sees drastic cuts from both 2023-24 revised estimates and 2024-25 interim budget.
In an interview, Tharaka Balasuriya, the state minister of foreign affairs, also asserts that moratorium on research ships docking at Sri Lanka's ports applies to all countries' vessels.
Sri Lanka owes over $10 billion to its bilateral lenders, shows govt data. China, though not part of Official Creditors Committee, agrees to 'same terms' for debt it's owed by Colombo.
Heavy rain washed out Sri Lanka’s Group D match against Nepal. The 2014 champions badly needed a win to keep their tournament hopes alive after defeats by South Africa, Bangladesh.
Neelesh, the protagonist of Dhadak 2, is not a failed version of SRK; he represents a new cinematic masculinity shaped by historical oppression and injustice.
New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.
The new engine, set to be developed over the next 10 years, will power the second tranche of Advanced Medium Combat Aircraft. First set will be equipped with GE 414 engines.
Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.
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