The Sri Lanka Banks’ Association (SLBA) has welcomed the assurance by the Governor of the Central Bank of Sri Lanka (CBSL) Dr Nandalal Weerasinghe that financial sector stability will be maintained, and the clarifications provided by the Governor on the relevant process in this regard. In a s...

COLOMBO (News 1st); Sri Lanka Police arrested 20 women and six men for unruly conduct within the Achchuveli Police Jurisdiction. Police Spokesperson SSP Nihal Thalduwa told News 1st that a brawl had broken out over an incident where photographs of local women were photoshopped to nude images of wom...

(Reuters) - The International Monetary Fund (IMF) has reached a staff-level pact with Pakistan on a $3 billion stand-by arrangement, the lender said, a decision long awaited by the South Asian nation which is teetering on the brink of default. The deal, subject to approval by the IMF board in July,...

COLOMBO (News 1st); Air Marshal Udeni Rajapaksa assumed duties as the 19th Commander of the Sri Lanka Air Force on Friday (30). President Ranil Wickremasinghe, in his capacity as the Commander in Chief of the Armed Forces, promoted Air Vice Marshal Udeni Rajapaksa to the three star rank of Air Mars...

COLOMBO (News 1st); President Ranil Wickremasinghe in his capacity as the Commander in Chief of the Armed Forces promoted Air Marshal Sudarshana Pathirana to the four star rank of Air Chief Marshal with effect from Thursday (29 June 2023). Air Chief Marshal Pathirana took over as the 18th Commander...