COLOMBO (News 1st) - Central Bank Governor Dr. Nandalal Weerasinghe has issued a strong warning that geopolitical uncertainty, global economic fragmentation and future external shocks require countries to fundamentally rethink how they build, manage and protect their foreign reserves, stressing that...

COLOMBO (News 1st) - An International Monetary Fund (IMF) delegation has arrived in Sri Lanka and has already commenced discussions with local authorities as part of a key mission to assess the country's ongoing economic reform programme.Last week, Evan Papageorgiou, the IMF Mission Chief for Sri La...

COLOMBO (News 1st) - A dramatic exchange at a major international defence forum in Seoul has drawn global attention after Philippine Defence Secretary Gilberto Teodoro publicly read out a note he said had been handed to him by a Chinese representative during a panel discussion, before launching a sc...

COLOMBO (News 1st): Sri Lanka and India exchanged three key Memorandums of Understanding this morning, aimed at further strengthening defence and security cooperation between the two countries.The agreements were exchanged during Indian Defence Minister Rajnath Singh’s meeting with President Anura K...

COLOMBO (News 1st); The Sri Lankan Government has clarified that several Iranian-linked vessels currently operating near the island remain in international waters and have not entered Sri Lanka's territorial sea, while security authorities continue to closely monitor the situation.Speaking at a medi...