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  • War in Ukraine raises global shipping costs, stifles trade – UNCTAD

War in Ukraine raises global shipping costs, stifles trade – UNCTAD

The UN Conference on Trade and Development (UNCTAD) says the war in the Ukraine is stifling trade and logistics of the country and the Black Sea region, increasing global vessel…

President Biden announces $20 Million in additional assistance to feed over 800,000 Sri Lankan children

At the G7 Summit today, President of the United States Joe Biden announced $20 million in additional assistance to strengthen food security in Sri Lanka.  Building on other recent funding…

High-Level U.S Delegation to visit Crisis-hit Sri Lanka next week

A high-level delegation representing the U.S. Department of the Treasury and the U.S. Department of State will visit Sri Lanka from June 26 – 29.  Members of the delegation include…

A new Cabinet Sub Committee proposed to address the country’s food crisis

The Committee on Public Accounts (COPA) recommended that all Ministries should unite and set up a Cabinet Sub-Committee on Food Security to address the food crisis in the country. The…

Liquor demand down by 30% in Crisis-hit Sri Lanka

 Sri Lanka Excise Department revealed that t the demand for the liquor has decreased by about 30% due to the recent increase in the price of liquor and the decrease…

Dhammika Perera sworn in as a Member of Parliament

Top Businessman Dhammika Perera was sworn in as a National List Member of Parliament of the Sri Lanka Podujana Peramuna before Hon. Mahinda Yapa Abeywardana, the Speaker of Parliament today…

United States to Provide an Additional $5.75M to Crisis-hit Sri Lanka

The U.S. government announced a third tranche of new funding today to address the immediate needs of people hardest hit by the economic crisis in Sri Lanka.  This humanitarian assistance,…

WFP ramps up emergency support in Sri Lanka, with a quarter of the population requiring food aid

The World Food Programme (WFP) on Thursday began distributing food vouchers to pregnant women in underserved districts of the Sri Lankan capital, Colombo, marking the start of the UN agency’s…

United States extends technical support to VEGA to Promote Green Energy and Electric Vehicles in Sri Lanka 

In continuing its support to promote sustainable energy and economic growth in Sri Lanka., United States yesterday agreed to provide technical assistance to VEGA Innovations to help them further develop Sri…

Crisis-hit Sri Lanka plans to deploy Army, Civil Defense Force, and Prisoners to cultivate food

In the face of the current food crisis, the Minister of Agriculture and Minister of Wildlife and Forest Resources Conservation, Mahinda Amaraweera announced that plans are underway to deploy Army…