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The Slovak Government paid a fine of Rs 10.85 million imposed on five Slovak nationals found guilty of illegally collecting endemic animal and plant species from the Sinharaja Rainforest. Environmentalists say the fine is the largest ever imposed under the...
Sri Lanka had been ranked second among the countries most affected by extreme weather events in 20 years since 1998 in the Global Climate Risk Index 2019. The Long-Term Climate Risk Index listed Sri Lanka, Puerto Rico as the top...
The country is currently facing a non-righteous debt situation and it could lead to a debt crisis if not tackled early, Governor of Central Bank Indrajit Coomaraswamy said. The Governor made these observations when he testified at the Presidential Commission...
Moody's Investors Service today downgraded Sri Lankan Government's foreign currency issuer and senior unsecured ratings to B2 from B1 and changed the outlook to stable from negative. In a statement, it said the decision to downgrade the rating to B2...
Macquarie Group boss Nicholas Moore, one of Australia’s highest paid executives, has announced his retirement after more than 10 years in the role, passing the baton to Shemara Wikramanayake. Ms Wikramanayake is currently the head of Macquarie’s $470 billion asset...
Popular singer and comedian Ronnie Leitch has passed away in Perth, Australia, early this morning. Leitch had been 65 at the time of his demise due to a sudden illness. Sources close to him said the singer traveled to Australia to...
The Australian government has announced changes to its coronavirus support measures but those on temporary visas still won't qualify, with advocates warning many are facing destitution. Australia's temporary visa holders will remain locked out of coronavirus support measures with some...
Sri Lanka claimed the top spot in the Lonely Planet’s best travel destinations list of countries to visit in 2019, with Germany and Zimbabwe just behind, while Italy's Piedmont, the Catskills in the USA, and northern Peru topped the...
A Tamil family facing deportation will remain in detention as the courts consider their appeal to stay in Australia. Nadesalingam and Priya came to Australia separately by boat in 2012 and 2013 in the wake of Sri Lanka's civil war...
Sri Lanka has the highest real interest rate in South Asia at 6.2 percent, Bloomberg said today. It said real interest rates in South Asia are among the highest in the world, raising the prospect of more dovish monetary policy...