Discover the latest news from Sri Lanka including economic stabilization, insurance directives, and online safety laws.
Sri Lanka has seen significant changes recently, with a new directive impacting non-life insurers and their motor insurance practices. The economy showed signs of stabilization in 2023, following an IMF debt restructuring agreement. However, vulnerable families continued to face challenges. The relationship between Sri Lanka and the United States was commemorated with a focus on People, Progress, and Partnership. In contrast, controversies arose over online safety laws and land surveys in Jaffna.
The insurance sector in Sri Lanka faced challenges as a directive required insurers to remit all riot and terrorism claims, impacting their profitability. Locals in Jaffna expressed fears over land surveys and ownership issues. Protests against government actions and debates over online safety laws added to the country's tumultuous situation.
Interesting Facts: A 150-year-old colonial bungalow in Sri Lanka was transformed into a boutique hotel blending colonial-style architecture with local flavors. India proposed supplying LNG to Sri Lanka's power plants, enhancing their energy production capabilities.
Fitch Ratings-Hong Kong/Sydney/Colombo-31 January 2024: A new directive that Sri Lankan non-life insurers remit 100% of motor insurance strike, riot, ci.
2023 showed some stabilization of Sri Lanka's economy with the IMF debt restructuring agreement on 20 March 2023. However, many vulnerable families faced food ...
Last year, we marked 75 years of the Sri Lankan/American relationship by focusing on People, Progress, and Partnership. As that celebration of 75 years ...
The segment has generally been highly profitable in recent years due to relatively low claim incidence, though there were significant claims in May 2022.
The segment has generally been highly profitable in recent years due to relatively low claim incidence, though there were significant claims in May 2022.
An attempt to acquire 500 acres of land that had been handed to its rightful owners in Jaffna's Valikamam North has been exposed by locals who are ...
US and UK academics and WSWS arts writers denounce the violent assault on Dehin Wasantha and Lakshman Fernando by pro-government union leaders at Moratuwa ...
Nestled at the edge of Sri Lanka's tea country, this is a fine blend of colonial-style architecture with Sri Lankan flavours.
The Online Safety Act gives a government commission broad powers to assess and remove "prohibited" content. Authorities said it would help fight cybercrime, but ...
COLOMBO, Feb. 1 (Xinhua) -- Speaker of Sri Lankan Parliament Mahinda Yapa Abeywardana on Thursday endorsed the certificate on the Online Safety Bill, ...
Colombo, Feb 1 (PTI) Sri Lanka's Parliament on Thursday endorsed a controversial bill to regulate online content despite criticism from the Opposition that ...
Sri Lanka's Speaker Mahinda Yapa Abeywardana has signed a bill to regulate online discourse into law, a statement from the Parliament said.
“When major global tech companies characterize the bill as “unworkable” and stifling innovation and democracy, instead of actually addressing online crimes, ...
U.S. Ambassador to Sri Lanka – Julie Chung has said that while it is important for the government of Sri Lanka to carry out reforms, it is 'also important ...
Anti-government protest planned in Colombo, Sri Lanka, Feb. 1. Increased security likely; disruptions, clashes possible.
India has proposed to supply liquefied natural gas (LNG) to Sri Lanka to help the island nation produce power from its Yughadhanavi and Sobhadabavi power ...
'In the efforts to expedite the process to generate power from LNG the Government of India has proposed an interim solution from Petronet LNG,' Energy ...
Indian High Commission, Ceylon Electricity Board, Lanka Transformers Ltd and Petronet LNG officials were involved in the discussions Thursday. India has ...
Investment of 13 million Euro further enhances local pre-production capabilities · Continentals plant in Kalatura, Sri Lanka produces material handling tires ...
China aims to use a Buddhist narrative to push forward its geopolitical and geoeconomic ambitions in the South Asian region. Moratorium on Chinese research ...
Situation Report in English on Sri Lanka about Education, Health, Epidemic, Flood and more; published on 1 Feb 2024 by IFRC.
Morocco's UN Geneva representative, Mr Omar Zniber was elected as the President for the year 2024. As every year, in 2024 there will be three regular sessions ...
The Italian coffee group's Sri Lanka debut at Colombo's main international airport comes amid a resurgence of tourism to the south Asian country, ...